BensGrandad
New member
According to one Red Top when Skint packed up sponsoring us they said ' Skints biggest star was Norman Cook aka Fatboy Slim who is also the largest shareholder in Brighton' either he has aquired more shares or they were wrong.
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Falmer Finance - £20million from one individual
- Thread starter Giraffe
- Start date
I think they were using 'largest' to mean 'he's got quite a few shares and we actually know who he is and we are too lazy to research the truth and it sounds more interesting anyway'. I am fairly sure he has never been the largest shareholder - that has always, up until now anyway, been Dick Knight.
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Cian
Well-known member
Its a red top - why do you have to even suspect they might be wrong? Of course they were.
The Auditor
New member
Thats right as of the Annual Return filed 24/12/07
Publius Ovidius
Well-known member
ooops....
Lord Bracknell
On fire
Like Titanic, I obviously have time on my hands.
What is interesting about the two different lists of shareholders is that it enables us to identify those people who have increased their shareholding in recent years.
Presumably these are the folk who are keeping the Club going.
The figures against each name are the number of EXTRA shares that were acquired between the publication of the two lists.
A Bloom 850,000
William John Brown 600,000
Harry Richard Knight 235,000
Pig City Incorporated Limited 200,000
Derek Leonard Chapman 110,750
J Gold 100,000
Kevin Ralph Patrick Griffiths 82,000
Raymond Alexander Bloom 35,000
Robert Leonard Pinnock 22,000
E David 10,000
What is interesting about the two different lists of shareholders is that it enables us to identify those people who have increased their shareholding in recent years.
Presumably these are the folk who are keeping the Club going.
The figures against each name are the number of EXTRA shares that were acquired between the publication of the two lists.
A Bloom 850,000
William John Brown 600,000
Harry Richard Knight 235,000
Pig City Incorporated Limited 200,000
Derek Leonard Chapman 110,750
J Gold 100,000
Kevin Ralph Patrick Griffiths 82,000
Raymond Alexander Bloom 35,000
Robert Leonard Pinnock 22,000
E David 10,000
The Auditor
New member
Info from Companies House website....Michael Hastilow bought a further £100000 shares on 11/04/2008 and on 13/03/2008 a £30 million Convertible Loan note facililty was created although I cant see that any of these have been issued
ManOnTheRun
Active member
Who is Michael Hastilow? I've done a quick Google search which suggests links to a firm of solicitors called Bosley & Co (based in Brighton)?
Any ideas?
Can one of the 'financial wizards' explain the significance, if any, of a 'a £30 million Convertible Loan note facililty' ?
Lord Bracknell
On fire
Is he the same Michael Hastilow who is a director of Southern Co-operatives Limited (aka the Co-op)?
steward 433
Back and better
Looks like it could be as he has a BN1 postcode
Only got 3 different people come back on my search and the other two were northeners so looks the most likely?
Alex Alex Dawson oo! oo!
Primary data is fact
Essentially, it's a capital raising vehicle similar to the issuing of new shares (I think).
An investor purchases a loan note from a company (BHAFC) on which interest is payable and and then has the right to have the loan amount (principle) converted into shares as repayment when the loan period expires.
The 'advantage' is that an investor gets the loan interest whereas if they purchased shares in BHAFC directly they'd be no dividend return at present.
So... someone is going to lend BHAFC £30m in cash... and we are going to pay interest on that (e.g. £30m at 5% is £1.5m a year) - and at the end of the deal, they can take £30m worth of shares instead of a cash repayment - which would make them a massive majority shareholder. Or presumably it could be several investors? Even so, the £30m would dwarf any existing share holdings.
Is this something to do with building the stadium? or is someone out there seriously going to invest massive amounts of cash in the playing side - and if so, do we have any idea who? and presumably they will want control of how the club is run etc...
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Are all the amounts listed above in £'s... or is this £100,000 worth of shares, which is actually some other number of shares as per the previous lists?
Alex Alex Dawson oo! oo!
Primary data is fact
Any of these scenarios seem possible.
Who knows but I'd have thought that any stadium investment would be in the Community Stadium Company? Maybe there's a way of amending the repayment terms at a later date so as the investor(s) receive shares in the CSC or you 'replace' the note(s) with new ones in the CSC?
Potential more interesting then some of the usual NSC twaddle eh?
The Auditor
New member
all £1 shares as far as I am aware
On the basis that Michael Hastilow's latest investment gives him an additional 100,000 shares...
Code:
2005 2007 2008 Change since
2005
Harry Richard Knight 1,367,500 29.6% 1,602,500 23.4% 1,602,500 23.0% 235,000
William John Brown 500,000 10.8% 1,100,000 16.0% 1,100,000 15.8% 600,000
Tony Bloom 0 0.0% 850,000 12.4% 850,000 12.2% 850,000
Pig City Incorporated Limited 550,000 11.9% 750,000 10.9% 750,000 10.8% 200,000
Kevin Ralph Patrick Griffiths 500,000 10.8% 582,000 8.5% 582,000 8.4% 82,000
Raymond Alexander Bloom 500,000 10.8% 535,000 7.8% 535,000 7.7% 35,000
Friday-Ad Holdings Ltd 500,000 10.8% 500,000 7.3% 500,000 7.2% 0
Derek Leonard Chapman 350,000 7.6% 460,750 6.7% 460,750 6.6% 110,750
Michael John Hastilow 150,000 3.2% 150,000 2.2% 250,000 3.6% 100,000
Robert Leonard Pinnock 120,000 2.6% 142,000 2.1% 142,000 2.0% 22,000
J Gold 0 0.0% 100,000 1.5% 100,000 1.4% 100,000
John Edward Vickers 50,000 1.1% 50,000 0.7% 50,000 0.7% 0
Joseph David Hirschel 15,000 0.3% 15,000 0.2% 15,000 0.2% 0
E David 0 0.0% 10,000 0.1% 10,000 0.1% 10,000
Peter Fleming Jackson McDonnell 10,000 0.2% 10,000 0.1% 10,000 0.1% 0
John Town 5,000 0.1% 5,000 0.1% 5,000 0.1% 0
Martin John Perry 130 0.0% 130 0.0% 130 0.0% 0
Total shares 4,617,630 6,862,380 6,962,380 2,344,750
Indeed it is. This is as fascinating as any transfer deals and could be a big story for some eager newshound.
The Auditor
New member
Community Stadium Plc has 70002 £1 shares owned by Brighton & Hove Albion Holding Ltd (D Knight transfered 50000 and D Chapman 20002 on 7/12/07 to the holding company)