Buying / selling shares

#128

Interested in buying, DM me if anybody has reason to offload. If not, I’ll await the next crowdfund.

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(Ryan Skidmore) #129

I’ve got 327 shares I’m looking to sell, let me know if you’re interested in purchasing.

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#130

What price are you looking at?

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(Corrado) #131

I’ve got 20.928 A shares (purchased in 2017) I’m looking to sell, let me know if you’re interested in purchasing.

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#132

Im not sure it’s permitted for a shares to be traded?

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(Vladislav Kozub) #133

Should be permitted but with Freetrade’s assistance. Existing A shareholders must have the right to be offered to buy prior to B shareholders are able to. Also, I think the shares may need to be converted to B type. Maybe @dan.t could clarify?

cc @corradomazza

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#134

I believe you are correct, don’t think they can be. You have to convert to B shares first as I understand it.

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(Mohammad Javed) #135

So what are the share prices now then?

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#136

In the AMA thread at post 57 (I really need to spend more than ten seconds to figure out how to quote from another thread on mobile) Adam suggested that the company articles prevent the sale or transfer of A shares. I was just going off that so you’re probably right about them first needing to be changed but in reality I think an A share transaction needs discussing with freetrade first.

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(Dan) #137

Yes, the Company Articles place restrictions on the transfer of A shares and so they are much more difficult to sell than B shares (e.g. they need to be offered to all other A shareholders first, subject to certain corporate governance processes). @corradomazza, feel free to DM me on this

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