Ok you are being pedantic. The Swanns have had CONTROL of everything since 2013 regardless of what a piece of paper says.
You are correct – I am being pedantic, but this is because I would prefer people to be basing opinions on fact. If I am the sole shareholder of a PLC (even if I set up the PLC in the first place) and in order to do my work, I use PLC funds to buy me a laptop for example, that laptop belongs to the PLC and not me. Should I then want to sell all of my shares in the PLC, the laptop will be used as an asset when assessing the value of those shares. The new “owner” will own the PLC – the assets continue to be owned by the PLC. If my company goes in to liquidation, those assets will be considered when it comes to selling assets off to pay debt. If those assets have already been transferred, my company is much less valuable to either a prospective purchaser or a liquidator. Those are facts.
