Re: fighting fund
I will subscribe £100 to support the equivalent value in new ASFC Ordinary Shares with full voting rights being issued to the new Supporters' Company.
I would expect one or more directors of the new Supporters' Company to be accepted onto the ASFC Board as part of the overall process.
Presumably the new company is to be a company limited by shares rather than by guarantee. I assume the contributors would become members of the new company and if the former contributors would I suppose get issued with shares in the new company pro rata their contributions.
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6th March 1962 - They turned off the gas but nothing could extinguish the flame!
Last edited by Haggis316; 07-06-2009 at 20:36.
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