Fourthousand wrote:To those posters than believe a 51/49 split is the way forward - what does that really mean?
Other forum members will have more detail than me but this is a rough cut to put some reality to this.
Say the Trust has 70%?? With 30% already in private hands. (Anyone with the exact figs. Please)
I think this is a crucial point, as I've asked before but never got an answer, even from those who obviously have connections on the Board.
When the Trust bought Les's shares, it was noted at the time that Matt Southall and Howard Greenhaff would be gifting their shareholding to the Trust.
Nothing has ever been confirmed since, and not a peep from any of the ITK's, so it could be assumed that HG's disagreement with the Trust over loan repayments might have stopped his shareholding gift, but what about MS?
It would not surprise me to find out that the Trust's overall shareholding is far less than was originally intended...............