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Hello,Yes, you remain with your shares even if you walk away from the company as a director as being a shareholder is a separate function to being a director.The company may issue new shares in the future by passing an ordinary reolution (50% shareholders voting in favour, this can be done without you), unless the Articles provide for a special reolution (75% shareholder vote which cannot be done without you). This will have the effect of diluting your shares.Hope this helps
Thanks for your prompt reply. I assume this means that, in theory, if the company had a mind to, the board could issue new shares and effectively make my current 45% relatively insignificant compared to their share.