2013 Annual Return for Cardiff C Football Club (Holdings)LTD

First of all we would like to thank Keith Morgan(Accountant) aka Since 62 and Tim aka Lawnmower for the following information.
Also the following in how it is explained is down to Keith Morgan



' Cardiff City Football Clubs Annual Accounts '

2013 Annual Return for Cardiff City Football Club (Holdings) Limited

The return shows the position as at 29 August 2013 , but was not filed at Companies House until 12 November 2013.

The company then had 8 directors - 2 British , 1 Cypriot/British and 5 Malaysian. All the Malaysian directors are employees of Vincent Tan`s Berjaya group and , other than Simon Lim , it is not clear what their role or contribution is at CCFC.

There were just over 131m shares in issue with a nominal issue value (at 15.69p each) of £20.5m

There were 519 different shareholders , but a large majority of these only held a very small percentage of the shares so that just 26 shareholders between them held nearly 94% of the shares.

Just 6 shareholders held 78% of all the shares in issue , as follows:-

Vincent Tan - 51.1%
Michael Isaac - 8.5%
Steve Borley - 7.2% (held as CMB Engineering and the Borley
Engineering Employee Benefit Trust)
PMG Estates - 6.3%
U-Jian Tan - 2.8%
Alan Whiteley - 2.1%

So VT already had a majority shareholding as at the end of August which had gone up a lot from the previous year by share acquisitions from other holders (including TG). With just a handful of purchases from other holders (the 5 others listed above)after 29 August he can easily get to 78% which is above the legal and strategic important level of 75% for passing special resolutions of the company etc.

To add another 12% shareholding to get to the next strategic level of 90%+ (minimal other minority shareholder powers etc)could be achieved fairly readily it seems. Some shareholders like Sam Hammam (1.4% through his Rudgwick company) and Simon Lim (1.0%) are almost certainly already controlled and there are several others who invested when PMG ousted Sam who are probably willing to sell up now with the exit of PMG (e.g Eamonn Cannon , Richard Crane , Nigel Roberts and Seymour Pierce between them hold another 5.3%).

Couple of other interesting (well to me anyway) shareholders still listed are Dave Jones and his wife and former CEO Alan Flitcroft.



For those bored to tears , SORRY!!!

Keith.

Who holds the remaining 16% shares then ? Hmmmmm

First of all we would like to thank Keith Morgan(Accountant) aka Since 62 and Tim aka Lawnmower for the following information.
Also the following in how it is explained is down to Keith Morgan



' Cardiff City Football Clubs Annual Accounts '

2013 Annual Return for Cardiff City Football Club (Holdings) Limited

The return shows the position as at 29 August 2013 , but was not filed at Companies House until 12 November 2013.

The company then had 8 directors - 2 British , 1 Cypriot/British and 5 Malaysian. All the Malaysian directors are employees of Vincent Tan`s Berjaya group and , other than Simon Lim , it is not clear what their role or contribution is at CCFC.

There were just over 131m shares in issue with a nominal issue value (at 15.69p each) of £20.5m

There were 519 different shareholders , but a large majority of these only held a very small percentage of the shares so that just 26 shareholders between them held nearly 94% of the shares.

Just 6 shareholders held 78% of all the shares in issue , as follows:-

Vincent Tan - 51.1%
Michael Isaac - 8.5%
Steve Borley - 7.2% (held as CMB Engineering and the Borley
Engineering Employee Benefit Trust)
PMG Estates - 6.3%
U-Jian Tan - 2.8%
Alan Whiteley - 2.1%

So VT already had a majority shareholding as at the end of August which had gone up a lot from the previous year by share acquisitions from other holders (including TG). With just a handful of purchases from other holders (the 5 others listed above)after 29 August he can easily get to 78% which is above the legal and strategic important level of 75% for passing special resolutions of the company etc.

To add another 12% shareholding to get to the next strategic level of 90%+ (minimal other minority shareholder powers etc)could be achieved fairly readily it seems. Some shareholders like Sam Hammam (1.4% through his Rudgwick company) and Simon Lim (1.0%) are almost certainly already controlled and there are several others who invested when PMG ousted Sam who are probably willing to sell up now with the exit of PMG (e.g Eamonn Cannon , Richard Crane , Nigel Roberts and Seymour Pierce between them hold another 5.3%).

Couple of other interesting (well to me anyway) shareholders still listed are Dave Jones and his wife and former CEO Alan Flitcroft.



For those bored to tears , SORRY!!!

Keith.

But isn't this out of date now with vt buying all the shareholders out last week ?