management buyout any experts?

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

malvolio replied

13 September 2008, 10:54
Originally posted by gingerjedi View Post

She has a receipt and there are other investors involved so I'm assuming she can keep them?

Wouldn't be so sure. The original buyout may have had conditions attached to the shareholding that keep the risks (and also the profits, if any) within the buyout group for a given period.

I think legal advice is the first step. It may well be as simple as resigning and keeping the shareholding intact, but a friend of mine was part of a team that did a buyout some years back and he was locked in for quite a long time (although in his case that wasn't an issue)
Leave a comment:
gingerjedi replied

13 September 2008, 10:21
She has a receipt and there are other investors involved so I'm assuming she can keep them?
Leave a comment:
jmo21 replied

13 September 2008, 10:13
did she receive no documentation when she received the shares?
Leave a comment:
gingerjedi started a topic management buyout any experts?

13 September 2008, 09:43
management buyout any experts?

My wife is part of a management buyout team at the company she works for so the management each old a certain amount of shares, the company has seen steady growth and will be floated in the next few years.

Due to our young family not being compatible with what the company expects from her she wants’ out but she doesn't know if she can retain the shares if she leaves? It’s difficult to approach someone at the firm without raising suspicion about her intentions.

Anyone had experience of this?
Tags: None