The so-called Confirmation Statement confirms that Farhad Moshiri (in the shape of Blue Heaven Holdings Ltd) received a further 66,667 shares newly issued to him on 21 February 2021, bringing his total holding to 93,698 shares, or 92.16% of the total outstanding (101,667). The next largest shareholder is William Kenwright CBE, with 1,750 (1.72%)
There are 2,060 other Everton Shareholders listed, the vast majority being individuals holding 1 or 2 shares totalling 6,219 (6.12%)
Reader Comments (7)
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1 Posted 06/09/2021 at 17:19:55
Being the proud owner of a single share, I wonder what has happened to share value since the new issue to Mr Moshiri? I can only assume their value has been diluted.
Anyway, I didn't buy my share to make money but to be a part of our club. The only benefit I've seen is 5% off Season Tickets. You don't even get a cup of tea at the AGM!
2 Posted 06/09/2021 at 21:37:53
And how do you go about purchasing?
3 Posted 06/09/2021 at 22:04:02
I've put a new link in there and checked that it works.
That's a great question about the share value. Moshiri has put more cash into the club in the form of loans turned into shares totaling around £300M. Paul the Esk posted back in December, supposing a share value of around £3,000 after the share issue, assuming Moshiri would get all 100,000 new shares.
However, if the 66,667 shares given to Moshiri are in exchange for £300M in loans, that raises the share value to £4,500 each. Moshiri had reportedly bought in at £5,000 a share back in 2016, so the dilution is minimal. At least that's what I like to tell myself.
4 Posted 06/09/2021 at 22:15:03
5 Posted 06/09/2021 at 22:22:49
6 Posted 06/09/2021 at 23:44:46
7 Posted 07/09/2021 at 23:04:09
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