27.2 The share capital of Romans Ltd consists of 5,000 ordinary shares, held as follows: Number of...

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27.2 The share capital of Romans Ltd consists of 5,000 ordinary shares, held as follows:

Number of shares Sejanus (a manager) 900 Claudius (a director) 400 Agrippa (a director) 300 Cleopatra (a director) 300 Tiberius (a director) 200 Gaius (a director) 200 Ptolemy 190 Livia (the grandmother of Claudius) 190 Apicata (the wife of Sejanus) 120 Others (all non-directors owning 10 shares or less) 2,200 ——

Total 5,000 ——

Is the company a close company?

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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