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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Follow up
But Sir can’t Ho gain access to the premium paid on the shares in Jet plc in form of Bonus shares?
Yes, but that’s at the company’s discretion
He has no automatic inherent right which is what your question suggested
He could also be repaid his capital if the company went into a solvent liquidation …
… but that liquidation step is not Ho’s choice
In answer to the implicit question in your original post, no, he has no right of access to recover the premium paid on the acquisition of those shares
OK?