Selling your shareholding
The Market for Shares
Unlike Public Limited Companies (Plcs), shareholdings in Private Limited Companies are not readily available to the public.
Just as Joe Public cannot readily buy shares in a Private Limited Company, any shareholder in a Private Limited Company cannot readily sell those shares to Joe Public.
This can lead to situations where shareholders are 'locked in' to a company (often against their will) and, although their shareholding may be very valuable on paper, they are unable to realise that value (by selling the share, for example).
Even if a buyer can be found, shareholders often then face a number of further hurdles before any sale to that buyer can proceed.