A private company's share capital consists of 5,000 ordinary shares, held as follows: Is the company a
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A private company's share capital consists of 5,000 ordinary shares, held as follows:
Is the company a close company?
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Sejanus (a manager) Claudius (a director) Agrippa (a director) Cleopatra (a director) Tiberius (a director) Gaius (a director) Ptolemy Livia (the grandmother of Claudius) Apicata (the wife of Sejanus) Others (all non-directors owning 10 shares or less) Total Number of shares 900 400 300 300 200 200 190 190 120 2,200 5,000
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The top five shareholders are Sejanus with Apicata 1020 shares ...View the full answer
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