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One shareholder has 44% and the other 36%, whilst I have 20%. they work within the business, but failed to tell me that the company had been approached by someone wanting to buy it, and in fact put in a firm offer in excess of £ 12 million. They did not tell me about the offer. Instead they approached me to try and buy my shares at a minority discount.
the point being as directors and Shareholders do they have a responsibility to tell me . Since they did not tell me what action can I take ? Have they committed a criminal offence ?
thanks for your help
Yes we have a shareholders agreement. It only refers to the fact all three of us have to make a decision wether to sell. They did not inform me of the offer
Yes sorry they rejected the offer, without even informing me of the offer. tThey were more focused of then trying to bu my shares with a 60% minority discount.
I would like to know what action I could take. Furthermore is it a criminal offence so i can scare them with reporting them to the authorities