2006-10-10 22:35:26 · 5 answers · asked by jk1967fuk 1 in Business & Finance ➔ Other - Business & Finance
it needs to be a plc (public limited company) which allows you to sell shares.
2006-10-10 22:38:27 · answer #1 · answered by angel 4 · 0⤊ 0⤋
You can sell shares in a limited company, but will need to check the company's articles of association - most limited companies have what are called pre-emption rights, which mean that shares which are up for sale are first offered to existing shareholders pro-rated to their existing holdings. The articles may also say that the board of directors can refuse to register a transfer of shares - much will depend on the facts - but quite often small family owned companies end up in deadlock over this and the only solution then is to go to the courts - so best to reach an agreement if you can. Also, are you a director of the company? how many shares do you own? If you own over 50% of the shares you can force certain decisions.
Finally, is there a shareholder agreement in place which sets out what you have agreed to do if you ever want to sell? This is also useful to have. If the Board of the company have no objections, they will register your transfer - assuming you can find a buyer of course - valuation of the shares is also an issue. best to speak to a small firm of accountants.
2006-10-11 05:42:42 · answer #2 · answered by Miss Behavin 5 · 0⤊ 0⤋
adverise in the press, contact a broker, sell to the other shareholders.
2006-10-11 05:42:30 · answer #3 · answered by lefang 5 · 0⤊ 0⤋
go to a stock broker - see yellow pages.
2006-10-11 05:50:47 · answer #4 · answered by Lick_My_Toad 5 · 0⤊ 0⤋
you can go to make announcement about it
2006-10-11 05:39:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋