How do I find out how much shares are worth?

LilacLillie

An old friend died last year, his solicitor spoke to me on New year's Eve (2017), and said I'd been left some shares for 'Criterion Ltd', something to do with the old Vic theatre.
In January I confirmed everything solicitor asked for and have heard nothing since.
Today I called and he said he thought it had been dealt with?
He asked if I want the shares or the money, yet he hasn't mentioned how many shares or what they are worth.
Said he'd call back mid next week to ask what I want.
Does anyone know if I can check the share price per unit myself.
Never had shares, have googled but really don't know what I'm looking for or where.
Help appreciated please
LL

Trentenders

Well, Companies House show two companies with that name:

CRITERION LTD
Company number 09740616


Directors were three Zimbaweans, however the company was dissolved in January 2017 via compulsory strike-off.


Good luck getting anything out of this, if it's your company.


or




CRITERION LIMITED
Company number 10733350


Company only incorporated in April 2017, with one major shareholder.



Are you sure that it's not another company with a similar name? Ultimately, if it's a Limited company, you might find that you are reliant upon other shareholders being willing and able to buy your shares.


I couldn't find any PLC's named Criterion, whose shares may have been more simple to sell.


You'll need to ask more questions regarding what the company is, how the shares are valued and how they plan to dispose of those shares.

greatkingrat

I suspect the shares are in "Greene Light Stage PLC" which was previously known as "Old Vic Productions PLC", and before that "Criterion Productions PLC".

https://beta.companieshouse.gov.uk/company/02863873

The company does not appear to be listed on any stock exchange, so there is no easy way to find out what they are worth. Whether they are worth £100 or £10000, it is likely to be best to just take the money rather than remain invested in a company you know nothing about.

Tom99

[FONT=Verdana, sans-serif]If they are not listed then its unlikely the solicitor will be able to sell then either so the only option may be to have the shares transferred to you.[/FONT]

LilacLillie

greatkingrat wrote: »

I suspect the shares are in "Greene Light Stage PLC" which was previously known as "Old Vic Productions PLC", and before that "Criterion Productions PLC".

https://beta.companieshouse.gov.uk/company/02863873

The company does not appear to be listed on any stock exchange, so there is no easy way to find out what they are worth. Whether they are worth £100 or £10000, it is likely to be best to just take the money rather than remain invested in a company you know nothing about.

Yes that's the one! Thank you everyone for your help.
LL

AnotherJoe

Sounds more like the shares were bought by your friend either as a very speculative investment or more likely as a way of supporting the theatre. I doubt they will be worth much if anything.

If they are worth very little,which means that no one else can be found to buy them and perhaps an existing shareholder wishes to bump their ownership up and buy them for a song, then I would hang on in the hope that at some point someone else wishes to buy the theatre or gaina controlling share, and you benefit off the back of that because although nominally they may be worth say £100 they may be worth much more than that if they allow someone to gain a controlling interest. So, I would not take a small sum, I'd gamble that at some point they might jump in value. OTOH if worth a substantial amount then take it (IMO that's very unlikely though)

Linton

greatkingrat wrote: »

I suspect the shares are in "Greene Light Stage PLC" which was previously known as "Old Vic Productions PLC", and before that "Criterion Productions PLC".

https://beta.companieshouse.gov.uk/company/02863873

The company does not appear to be listed on any stock exchange, so there is no easy way to find out what they are worth. Whether they are worth £100 or £10000, it is likely to be best to just take the money rather than remain invested in a company you know nothing about.

If you look at the "Filing History" tab in November 2015 you will find a full list of shareholders which may be helpful.

Chargem

A browse of the 2016 accounts, which are the latest available, suggest a very unprofitable company.