Accrington Web - 1000 Shares Issue!!!

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Accrington Web (https://www.accringtonweb.com/forum/index.php)

- Accrington Stanley (https://www.accringtonweb.com/forum/f93/)

- - 1000 Shares Issue!!! (https://www.accringtonweb.com/forum/f93/1000-shares-issue-49924.html)

VALAIRIAN

13-10-2009 22:10

1000 Shares Issue!!!

Taken fron S.O.S. Programme against Rovers,

new share issue, limited to 1000 @£250 + V.A.T. Per 1 company 'B' share, framed certificate - numbered SOS1 - SOS 1000, Next seasons top (share number embroidered on), 10x flexi tickets.

I suppose it will be on Official site soon, but looks like this will take us to £308K - Heres hoping... :) :) :)

Doug	13-10-2009 22:15

Re: 1000 Shares Issue!!!

Just e-mailed Rob.......for details to be put up so we can get a shot in.

lancsdave

13-10-2009 22:23

Re: 1000 Shares Issue!!!

Whats a B share ?

david1

13-10-2009 22:34

Re: 1000 Shares Issue!!!

Quote:

Originally Posted by lancsdave (Post 753285)

Whats a B share ?

Abit less than " A share " sorry hehe . I will go now .

mab	13-10-2009 22:37

Re: 1000 Shares Issue!!!

:confused: Don't know Dave but by my recconing the value of the club is valued at £3,200,000:eek: going off the priceissue and amount of shares their is i may be wrong though

Doug	13-10-2009 22:37

Re: 1000 Shares Issue!!!

Quote:

Originally Posted by lancsdave (Post 753285)

Whats a B share ?

Quote:

Class B Shares

Quote:

What Does Class B Shares Mean?

A classification of common stock that may be accompanied by more or fewer voting rights than Class A shares. Although Class A shares are often thought to carry more voting rights than Class B shares, this is not always the case. Companies will often try to disguise the disadvantages associated with owning shares with fewer voting rights by naming those shares "Class A", and those with more voting rights "Class B".

For example, one Class A share may be accompanied by five voting rights, while one Class B share may be accompanied by only one right to vote, or vice versa. A detailed description of a company's different classes of stock is included in the company's bylaws and charter

Don't take my word for it.

deeayess

13-10-2009 22:39

Re: 1000 Shares Issue!!!

Quote:

Originally Posted by david1 (Post 753287)

Abit less than " A share " sorry hehe . I will go now .

From what I've seen on google that is not far from the truth in most cases but I'd like to see a bit more about it before I make my mind up.

Revived Red

13-10-2009 22:44

Re: 1000 Shares Issue!!!

Does ASFC have "bylaws and charter"?

mab	13-10-2009 22:46

Re: 1000 Shares Issue!!!

Quote:

Originally Posted by Revived Red (Post 753291)

Does ASFC have "bylaws and charter"?

:confused: why

Revived Red

13-10-2009 22:48

Re: 1000 Shares Issue!!!

Quote:

Originally Posted by mab (Post 753292)

:confused: why

Doug mentioned it in his post. It could be quite important because it seems that voting rights are involved.

mab	13-10-2009 22:50

Re: 1000 Shares Issue!!!

Quote:

Originally Posted by Revived Red (Post 753293)

Doug mentioned it in his post. It could be quite important because it seems that voting rights are involved.

What voting rights:rolleyes:

Outback Ozzy

13-10-2009 22:51

Re: 1000 Shares Issue!!!

Well if this is the case to help Stanley out, Dave and the remainder of the board are not going to have to dip their corporate hands in their own pockets. 250K from share issue, assuming all are sold + SOS fund = a damn sight more than 308k - maybe this is a scheme to put Stanley up for sale to the fans without any voting rights. And why now? After all the furore with Ilyas and saying they were not going to issue further shares they go and do this! On a personal note, I would love a share in Stanley, but I am very suspicious of this and until someone from the club announces further details then I will have to wait and make my own judgment on this.

Revived Red

13-10-2009 22:54

Re: 1000 Shares Issue!!!

Quote:

Originally Posted by mab (Post 753294)

What voting rights:rolleyes:

Read Doug's post above!!!

simon

13-10-2009 22:57

Re: 1000 Shares Issue!!!

Quote:
Originally Posted by bdc View Post
Did anyone see the shares option in the programme? It was a limited number of 1000 shares for £250 plus VAT each. I personally think it is wrong to be doing something like this just weeks after Ilyas requested a share issue. What is so wrong about ASSF asking for a share issue for £500k? quote...

From the info out there at Moment I agree WRONG, but we need to see the Details ?

How do these shares count in the 100% of total shares ?
Does this affect other shareholders % ie 51% becoming 45% ?
How do the club value 'B' shares ?
How are they valueing(?) the club ?

So many Questions.....

And WHY now ???????????????????????????????????????????????

mab	13-10-2009 23:02

Re: 1000 Shares Issue!!!

:) Same here!!to be a share holder in Stanley would be nice!! but with me and the wife been both on short time means money is used to keep the house going with not much spare:(

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