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Re: The Chairman's latest statement

By Count Scarlioni13/10 07:23Sun Oct 13 07:23:27 2024In response to Re: The Chairman's latest statement

Views: 947

Yioryos does not have control now and did not then - he used to have only six shares so at the time he would not have been a prime mover in how to deal with the approach. People had many more shares than him at that time and they would have made the calls because between them, they controlled the company.

Even now he holds 50 shares which falls short of a sufficient number to control the club because there are more than 100 share in issue.


It is possible that there is a shareholders agreement or tag along rights which require a minority to vote with a majority decision on eg to sell the shares.

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