Share Allocation

Discussion in 'West Midlands' started by chesney, Nov 20, 2013.

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  1. chesney

    chesney UKBF Newcomer Free Member

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    Hi There

    The MD of the company I work for is selling the business and three senior managers (of which I am one)are looking to invest the same amount of money to secure 100% of the shares.

    The other two directors are effectively common law man and wife and I want to protect my interests as they effectively would own two thirds of the business.

    I will take on the role of MD but obviously want to ensure I protect myself.

    Any advice would be appreciated

    Posted: Nov 20, 2013 By: chesney Member since: Nov 20, 2013
  2. Billmccallum

    Billmccallum UKBF Newcomer Full Member

    4,175 1,076
    A shareholders agreement and terms & conditions for directors would be appropriate...

    One of the members here, graham ross could help....
    Posted: Nov 20, 2013 By: Billmccallum Member since: Apr 20, 2010
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