cityexile Posted October 18, 2019 Report Share Posted October 18, 2019 I bought £200 yonks ago. Dont see any great conspiracy really, although pretty sure I get a great big annual report once a year which is kind of nice. This is most likely a bit of corporate tidying up, and old fashioned as it sounds, he did once say he would do this. They most likely get it back in a couple of years on postage! My holding is entirely sentimental. If it’s £20 or whatever to the foundation, no great harm in that I suppose. Might ping an email to my brokers asking for their advice...Hargreaves and something or other. Link to comment Share on other sites More sharing options...
SC&T Board Members Blagdon red Posted October 18, 2019 SC&T Board Members Report Share Posted October 18, 2019 2 minutes ago, cityexile said: I bought £200 yonks ago. Dont see any great conspiracy really, although pretty sure I get a great big annual report once a year which is kind of nice. This is most likely a bit of corporate tidying up, and old fashioned as it sounds, he did once say he would do this. They most likely get it back in a couple of years on postage! My holding is entirely sentimental. If it’s £20 or whatever to the foundation, no great harm in that I suppose. Might ping an email to my brokers asking for their advice...Hargreaves and something or other. .... errr ... Lansdown?? Link to comment Share on other sites More sharing options...
cityexile Posted October 18, 2019 Report Share Posted October 18, 2019 7 minutes ago, Blagdon red said: .... errr ... Lansdown?? Well, what are the odds of that! . Link to comment Share on other sites More sharing options...
Dorset_Cider Posted October 18, 2019 Report Share Posted October 18, 2019 15 minutes ago, Maesknoll Red said: It could be quite fun, if all but about 12 of us sell all our shares, we could become the irksome dozen and have convivial shareholders meetings, involving caviar canapés and champers.... Count me in, I'd turn up for the opening of a packet of crisps. Link to comment Share on other sites More sharing options...
Spoons Posted October 18, 2019 Report Share Posted October 18, 2019 Dam , that's my inheritance gone! I was getting the Bristol city shares and my non football supporting brother was getting the Lowry painting...... My old man bought £10k worth so I reckon he's going to sell. Link to comment Share on other sites More sharing options...
pongo88 Posted October 18, 2019 Report Share Posted October 18, 2019 2 hours ago, RedDave said: Mr Lansdown is offering £1 per share but I think people have bought shares for more than that. Confused why fans would want to sell at a loss. Maybe someone can explain 2 hours ago, Clevedon Red said: Think i paid £10 a share. I know I paid £10 as the certificate is in a frame on the wall. £1 per share isn’t much of an incentive to sell. It’s got more value on the wall. Link to comment Share on other sites More sharing options...
Marina's Rolls Royce Posted October 18, 2019 Report Share Posted October 18, 2019 55 minutes ago, RedM said: I certainly remember mine were. I think I got 5 or 10. Which was a lot of money for me back then. I think being a shareholder entitled me once to get priority in our Freight Rover Wembley match or something. I certainly would keep rather than sell for £1 each On the stairs up to the old Directors suite there was a board with all our names on- those of us who bought shares. I loved that and the obvious fame it bought me but where is it now? Also- can't ever remember a single solitary letter ever about how the Club was doing,meetings etc. At least my Thomas Cook shares kept me informed about how things were going although I'm still waiting for my flight back from Kashmir. I am a shareholder in BCFC, I own an atom of the club I love and I ain't selling - end of. Link to comment Share on other sites More sharing options...
Dorset_Cider Posted October 18, 2019 Report Share Posted October 18, 2019 pongo88 "know I paid £10 as the certificate is in a frame on the wall. £1 per share isn’t much of an incentive to sell. It’s got more value on the wall." And in your heart Link to comment Share on other sites More sharing options...
Dorset_Cider Posted October 18, 2019 Report Share Posted October 18, 2019 I used to walk my dog on those shares Mr.L and did so for years. Link to comment Share on other sites More sharing options...
NcnsBcfc Posted October 18, 2019 Report Share Posted October 18, 2019 Still got my old share certificates. Anybody know who to contact over this sale?As they may not have my new address? Have sold sold shares before via burges salmon, and Cartwrights solicitors. Who knows which firm opporates the share register anymore? Link to comment Share on other sites More sharing options...
ExiledAjax Posted October 18, 2019 Report Share Posted October 18, 2019 15 minutes ago, ncnsbcfc said: Still got my old share certificates. Anybody know who to contact over this sale?As they may not have my new address? Have sold sold shares before via burges salmon, and Cartwrights solicitors. Who knows which firm opporates the share register anymore? The screenshot in the opening post has a number to call Computershare. Link to comment Share on other sites More sharing options...
NcnsBcfc Posted October 18, 2019 Report Share Posted October 18, 2019 18 minutes ago, ExiledAjax said: The screenshot in the opening post has a number to call Computershare. The shares ledger used to be run by Cartwrights, then burges salmon Shares were worth what people were willing to pay. So the firm kept a list of sellers/people wanting to buy. When I bought a load in 94(silver bond holder to get discounts on future season tickets). Those shares then turned into x10 normal shares. Initial fee was £600,wad able to sell a large amount 15 years ago for £1500. Not sure how it works now. Or how many shares I now own. But as others have said I still have the 1982 share certificate proudly framed on the wall. Link to comment Share on other sites More sharing options...
Wilksi Posted October 18, 2019 Report Share Posted October 18, 2019 What if someone else wants to buy the shares. Is that possible?? Id like to own some so would double or triple the offer Steve is giving people Link to comment Share on other sites More sharing options...
basshead Posted October 18, 2019 Report Share Posted October 18, 2019 Bought 2 shares deffinatley £10 each because I I had £3.50 left of my yts wages left Link to comment Share on other sites More sharing options...
The Constant Rabbit Posted October 18, 2019 Report Share Posted October 18, 2019 Makes the forthcoming sale easier if you own 100% if the company. Told you it was coming. Link to comment Share on other sites More sharing options...
joe jordans teeth Posted October 18, 2019 Report Share Posted October 18, 2019 37 minutes ago, Wilksi said: What if someone else wants to buy the shares. Is that possible?? Id like to own some so would double or triple the offer Steve is giving people Steady on big spender,can have mine for £200 Link to comment Share on other sites More sharing options...
Admin Maesknoll Red Posted October 18, 2019 Admin Report Share Posted October 18, 2019 40 minutes ago, SX227 said: Makes the forthcoming sale easier if you own 100% if the company. Told you it was coming. Heard nothing about this, given the size of BS, one would assume there would be plenty of reporting of this, were it to be true, Link to comment Share on other sites More sharing options...
Marina's Rolls Royce Posted October 19, 2019 Report Share Posted October 19, 2019 1 hour ago, SX227 said: Makes the forthcoming sale easier if you own 100% if the company. Told you it was coming. If you already own 98% of a company then it makes zero difference so your theory sucks! Link to comment Share on other sites More sharing options...
ExiledAjax Posted October 19, 2019 Report Share Posted October 19, 2019 2 hours ago, ncnsbcfc said: The shares ledger used to be run by Cartwrights, then burges salmon Shares were worth what people were willing to pay. So the firm kept a list of sellers/people wanting to buy. When I bought a load in 94(silver bond holder to get discounts on future season tickets). Those shares then turned into x10 normal shares. Initial fee was £600,wad able to sell a large amount 15 years ago for £1500. Not sure how it works now. Or how many shares I now own. But as others have said I still have the 1982 share certificate proudly framed on the wall. Computershare are a pretty big Bristol based company (offices out on the Bridgwater Road next to the big crematorium) that specialise in share register management. I used to work with them quite a bit as they ran the registers for a number of my clients. Honestly just give them a call. If you bought in '94 and know you've never sold your shares then whatever changes there have been to the register you should still be on there and should show as holding a number of shares equivalent in value to the ones you paid £600 for 25 years ago. You might need to provide some ID or something - but as you say you have the certificate. That certificate is prima facie evidence of your ownership. That means that if you present the share certificate and they don't want to pay out then it's on them to prove that you don't own the shares. Honestly if you reckon you own shares and you'd like to sell then just give them a call. Link to comment Share on other sites More sharing options...
Up The City! Posted October 19, 2019 Report Share Posted October 19, 2019 What is our Steve planning Link to comment Share on other sites More sharing options...
Pezo Posted October 19, 2019 Report Share Posted October 19, 2019 He has got to be going for complete ownership I assume. I believe Steve could do a squeeze out and force the selling of the minority shares (could have done that ages ago) so I'm not sure why he is offering unless this is the carrot before the stick. Link to comment Share on other sites More sharing options...
havanatopia Posted October 19, 2019 Report Share Posted October 19, 2019 11 hours ago, phantom said: To me if people were keeping shares for sentimental reasons surely they'll want to keep them for that very reason? The money isn't really relevant I'm not sure having yet another "wall" with names on is the answer? And i cannot see such a wall happening when not all 100% of the 3% will sell their shares. Seems a rather odd and ill conceived scheme with a quid a share front and centre. 9 hours ago, pongo88 said: I know I paid £10 as the certificate is in a frame on the wall. £1 per share isn’t much of an incentive to sell. It’s got more value on the wall. Not to mention the cost of the frame. 8 hours ago, Wilksi said: What if someone else wants to buy the shares. Is that possible?? Id like to own some so would double or triple the offer Steve is giving people You will have to ask the club but unlikely:- Are shareholders free to transfer or sell their private company shares to someone else? A company's articles of association commonly allow the directors to refuse to register any transfer of a share submitted to the company. However, they may include other, different restrictions on the transfer of shares. Link to comment Share on other sites More sharing options...
Eddie Hitler Posted October 19, 2019 Report Share Posted October 19, 2019 The people saying they paid £10 for a foundation share way back are missing that there was a ten for one share division in the late 90s so that instead of holding one £10 share you now hold ten £1 shares. New certificates weren't issued at the time but you can look up your holding on the annual statement and you will find you own ten times more shares than you thought you did. £1 per share is what you paid in nominal terms so you are being offered your money back. https://beta.companieshouse.gov.uk/company/01501663/filing-history There was also (per another comment) a rights issue in the late 90s; I took this up. There is no compulsion to sell* but in most lower League clubs you would have lost your money by now. This is offering it back and if you want a few quid then there you are. * I think this could be forced with that level of shareholding; I remember Roman Abrahamovich doing that. Link to comment Share on other sites More sharing options...
RedM Posted October 19, 2019 Report Share Posted October 19, 2019 11 hours ago, Maesknoll Red said: It could be quite fun, if all but about 12 of us sell all our shares, we could become the irksome dozen and have convivial shareholders meetings, involving caviar canapés and champers.... I’m in Link to comment Share on other sites More sharing options...
miser Posted October 19, 2019 Report Share Posted October 19, 2019 My dad's got some. I better get out the ooji board and ask him whether he wants to sell. Link to comment Share on other sites More sharing options...
Eddie Hitler Posted October 19, 2019 Report Share Posted October 19, 2019 9 hours ago, Wilksi said: What if someone else wants to buy the shares. Is that possible?? Id like to own some so would double or triple the offer Steve is giving people It used to be that if you wanted to buy some you registered with Burgess Salmon and when an existing shareholder wanted to sell then they contacted the first one on the list. So if you want to buy off someone direct I'm sure that you still can but make it conditional upon the shares being registered in your name. As noted above the offer is a straight money back offer and, given that since those shares were purchased the club has racked up debt and new share issuances have severely diluted those holdings, it is a very fair offer. They're not trying to take anyone for a ride. That doesn't mean I'm necessarily taking it as I bought for sentimental rather than financial reasons. Link to comment Share on other sites More sharing options...
Lanterne Rouge Posted October 19, 2019 Report Share Posted October 19, 2019 1 hour ago, Eddie Hitler said: The people saying they paid £10 for a foundation share way back are missing that there was a ten for one share division in the late 90s so that instead of holding one £10 share you now hold ten £1 shares. New certificates weren't issued at the time but you can look up your holding on the annual statement and you will find you own ten times more shares than you thought you did. £1 per share is what you paid in nominal terms so you are being offered your money back. https://beta.companieshouse.gov.uk/company/01501663/filing-history There was also (per another comment) a rights issue in the late 90s; I took this up. There is no compulsion to sell* but in most lower League clubs you would have lost your money by now. This is offering it back and if you want a few quid then there you are. * I think this could be forced with that level of shareholding; I remember Roman Abrahamovich doing that. So wnen I bought two shares at a tenner a pop back in 1982 (half a week`s wages for me back then!) I now own twenty shares valued at a quid each or am I being particularly dim? Link to comment Share on other sites More sharing options...
Eddie Hitler Posted October 19, 2019 Report Share Posted October 19, 2019 23 minutes ago, Red Right Hand said: So wnen I bought two shares at a tenner a pop back in 1982 (half a week`s wages for me back then!) I now own twenty shares valued at a quid each or am I being particularly dim? You're spot on. You can look up yourself in the annual statement at Companies House that I linked above as it gives shareholders by name and holding but it's a very big document so maybe best done on a PC or tablet. Link to comment Share on other sites More sharing options...
bristolcitysweden Posted October 19, 2019 Report Share Posted October 19, 2019 In Sweden a person owing more than 90 per cent of a company can buy the others out by law. Link to comment Share on other sites More sharing options...
Guest Posted October 19, 2019 Report Share Posted October 19, 2019 7 minutes ago, bristolcitysweden said: In Sweden a person owing more than 90 per cent of a company can buy the others out by law. You can do that in UK - it’s how the Glazers took control of Man U and I think also how Arsenal changed hands few years ago too. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.