After further planned investment into Lincoln City Holdings Ltd, natural dilution has occurred, which means Clive Nates now holds less than 25% of the shares issued. He has therefore been removed as a person of control at Companies House. This is procedural only.
For the avoidance of doubt, Clive Nates remains chairman of Lincoln City Holdings and Lincoln City FC, and the current ownership model and decision-making structure remains the same.
Following the issuing of the new shares our ownership structure is as follows:
Lincoln City Holdings Ltd owns 91.74% of the issued share capital of the club.
HJ-LCFC Holdings LLC, Clive Nates and Liquid Investments, Inc own 31.12%, 24.53% and 15.26% of Lincoln City Holdings Ltd respectively.
HJ-LCFC Holdings LLC is owned by Harvey, Missy, Jaxon and Jensen Jabara.
Liquid Investments, Inc is owned by Ron Fowler.
Clive also holds 0.05% of the club.
Fans’ shareholding in the club
Lincoln City’s supporters own just over 8% of the shares issued in Lincoln City Football Club Company Limited, the company through which the club operates and carries out its activities. In addition the Red Imps Community Trust holds one million shares in Lincoln City Holdings and 351,548 shares directly in the football club and is represented on both boards.
The club has more than 5,400 individual shareholders. You can play your part in the future of Lincoln City Football Club by purchasing shares and owning a piece of the club.
A copy of the share application form can be found HERE.
Alternatively, please phone 01522 880011 or email companysecretary@theredimps.com.