Employee purchasing shares in close company | AccountingWEB

Employee purchasing shares in close company

Scenario- Ltd company, one Director who is also only shareholder. Wants 2 of his employees to commit long term to the company via them purchasing shares in the company. Both employees are willing to fund £30k each for 20% each. Leaving the Director with the majority 60%.
Is there is any obvious pitfalls here? Someone mentioned it's better to give Prefernce shares rather than ordinary shares?
Any help here welcome.
Victoria Chalmers

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Many issues

Anonymous |

Employee shares

victoriarchalmers |


AnonymousUser |

What's their preference?

pawncob |
pawncob's picture