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Hello, I don't know how many shares were issued by this company, but I guess that £27 is the nominal value of the shares.
The nominal value of the shares is also known as "face value" and is the value assigned to the shares when they are issued.
The actual value of the shares can of course be different, as it may reflect the "value" of the company, which means that, no matter the nominal value of the share is, let's say, £1, the share may be worth more than that (the difference to be paid to buy that share is called "share premium").
As the company has not been trading, where does the money in the bank come from?
And what about tax
That does not mean there is no tax to pay.
Did you ask your accountant for an assessment of the value of the shares you own?
I can't tell you what your shares are worth.
The calculation you made is way from accurate.
An assessment must be made by an accountant after examination of the books and accounts, which must be up to date.
Then, of course, if you may find an agreement with the other shareholder it's ok, but it doesn't seem you are on the same path.
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