Company Share Options advice
#1
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Being offered shares in the company which if we choose to buy, we have to keep them for 3 years
Once the 3 years are up then we can buy the same amount of shares again but at a fixed price of 30p per share (they are currently 44p, and yesterday were 33p)
We can only take up the extra option if we stay with the company for the next 3 years
However the twist is, that the company apparently will give us a loan to actually buy the shares
This Loan does NOT have to be paid back until either we leave the company, or when the 3 years are up, and it is interest free Loan too
Is this a good plan and worth doing ?
Any advice welcome
Cheers
Steve
Once the 3 years are up then we can buy the same amount of shares again but at a fixed price of 30p per share (they are currently 44p, and yesterday were 33p)
We can only take up the extra option if we stay with the company for the next 3 years
However the twist is, that the company apparently will give us a loan to actually buy the shares
This Loan does NOT have to be paid back until either we leave the company, or when the 3 years are up, and it is interest free Loan too
Is this a good plan and worth doing ?
Any advice welcome
Cheers
Steve
#3
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Company share options are always a good idea...it's generally done in a way that you cannot loose. This is becuase at the end you have the option to either take the shares if they have risen, or get your money back if they have fallen.
What company if you don't mind me asking?....I'm in the Woolworths share scheme and a recent take over bid has sent them rocketing, these things can be taken into consideration.
What company if you don't mind me asking?....I'm in the Woolworths share scheme and a recent take over bid has sent them rocketing, these things can be taken into consideration.
#5
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company is www.ansplc.com listed on Ofex
we are only a small company, and been on the look out for acquisitions quite a lot
when they listed on Ofex shares were £1.00 they dropped quite a bit a while ago to about 14p a share, one of the guys has made 4 grand since buying some in october, and has just bought a load more today
we are only a small company, and been on the look out for acquisitions quite a lot
when they listed on Ofex shares were £1.00 they dropped quite a bit a while ago to about 14p a share, one of the guys has made 4 grand since buying some in october, and has just bought a load more today
Last edited by *Sonic*; 11 February 2005 at 02:11 AM.
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