Page 41 - Fisherman's Friend Teaching Note
P. 41
Control of the company through the Ordinary A shares
remained in the hands of the Lofthouse family but the
Lofthouse Foundation and therefore the community,
received one third ownership of the company and its
profits.
The question, given the ages of Doreen and Duncan, is
what happens to their shares (given that Duncan has no
immediate heir) when they die?
Share Capital at: 07 02 2019
Table 2
