1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148 
Staff buy 90% of NFC stock
2nd March 1989, Page 7
2nd March 1989
Page 7
Page 7, 2nd March 1989
— Staff buy 90% of NFC stock
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.
If you've noticed an error in this article please click here to report it so we can fix it.
• Nearly 90% of the new variable voting rights ordinary shares issued by NFC have been snapped up by company employees and their families. The remainder (4,715,788 out of 39,909,037) have been sold on the open market this week. The net premium after expenses is about 123p per share and this will be distributed to shareholders who have not taken up their rights.
"We are delighted at the level of take up," says NFC chairman Peter Thompson. "The small size of the rump indicates that our shareholders took an active role. Our impression is that significantly more employee and family shareholders took up their rights than we had expected."
Tags
People:
Peter Thompson