Share Options - help needed

[Maggoty]

Hi folks

Due to a death within the company, the company I work for has been restrcutured and the main shareholder is now the director who orginally had the least.

he has sent an email around to the long standing members of the company asking them to attend a meeting re "Share Options".

That is all I know.

Now I am assuming there are 2 possibilities :
1) the previous MD (who knew there was a chance he wouldn't recover from his illness) has left us a few shares each
2) the new MD (who had to raise the money to buy the widow out) is offering to sell us some shares (maybe based on the length of service?? Maybe not)

Anyway - this is where I need your help. Although the above is all a bit vague (we won't know the situation until the meeting) are there any questions that you feel should be answered - no matter how obvious.

For example :

if we are to buy into shares will there be a yearly premuim/stipend paid to us (I get a cheque twice a year from barclays as I'm a shareholder)

What will happen if I leave the comapny?

You know - those sort of things.

As I've said - doesn't matter how obvious it seems to you, what knowledge should I come away from the meeting with

Appreciate your help

xx

[chairobyx16]

If a share purchasing plan is offered who are the Trustees to be is a very important point also the market price at time of take-up.

[annie0000]

Are there tax implications

will it affect your salary

is there a minimum/maximum purchase

how long to you have to keep them