Today’s post is written by Andrew Strickland of Scrutton Bland, Chartered Accountants. Andrew holds the positions of Head of the BVIUK Board and Head Tutor for the BVIUK Credentialing Programme. Additionally, he serves as Chair of iiBV’s Educational Committee. With a specialisation in corporate finance and business valuation, Andrew brings extensive expertise to his roles. He is a member of the Valuation Committee of the ICAEW and is recognised as a subject matter expert. Andrew has completed numerous business valuation assignments, particularly in shareholder disputes and divorce cases. He also conducts fiscal valuations for various tax purposes.
Introduction
Companies frequently issue shares of varying classes: there may be different economic rights such as preferential dividends or no dividends; there may be enhanced or reduced rights in a winding up or in the proceeds of sale. The varieties of share classes are endless.
Differential voting rights are relatively frequent in compa..