How are the shares valued?
As it is unlikely that the company will be quoted on the stock exchange, there will be no “readily available” market value. It is usual for private companies for this valuation to be carried out by the auditors. The whole company would be valued first, and then divided by the number of shares issued, to come up with a price per share. This would be agreed with the Inland Revenue (important for tax purposes) and notified to shareholders once a year.
