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http://www.scotsman.com/sport/football/spfl-lower-divisions/rangers-murray-denies-executive-salaries-claim-1-3123399

http://www.rangers.co.uk/news/headlines/item/5195-rangers-announce-annual-results

In the teeth of fierce fan dissent - and a continued campaign to dislodge existing Rangers directors by a group of investors including the former chairman, Malcolm Murray - the Ibrox chief executive, Craig Mather, mounted a forceful defence of the accounts issued on Tuesday which posted an operating loss of £14 million for the 13 months to June this year. The results were in vivid contrast to those of Celtic, revealed last month, which showed a pre-tax profit of £9.74 million on a group turnover of £75.82 million. Rangers’ turnover to June was £19.1 million, most of which was derived from gate receipts and hospitality income. Playing squad salaries fell during the period but so too did earnings from sponsorship and the media. Throughout the accounting period and also subsequently there has been a persistent concern amongst supporters and some investors that the cash burn at Ibrox has been out of control. Asked why the costs associated with the public share offer last December were as high as £6.1 million, Mather replied: “There are the physical IPO costs, the costs of raising money and what we would deem non-reoccurring costs - for example, exceptional costs in excess of £4 million. “Nobody can shy away from the fact that the IPO cost was high and the cost of raising money was high but if you go into the detail of that – and the devil is in the detail, without fear of contradiction – at the time, when I wasn’t CEO, just for clarity - there was no football security. What I mean by that is the club didn’t know what league they would be playing in. “It was never ever going to be cheap to raise money against that backdrop but Rangers had to be saved. For me, and to five million fans looking at it around the world, it was imperative that this club was saved. “Under normal circumstances, people in the City would take a view of somewhere up to 7.5 per cent is a normal cost of raising funds. This wasn’t normal and I’m not trying to defend the people involved - I wasn’t there, I wasn’t party to it - but it’s obvious that you have to look at what you can offer the investor in return for the investment. “If you can’t tell them if you’re going to be able to kick a football, or if you’re going to be able to play in a certain division or get membership of the SFA it’s not an easy sell.” Another bone of contention is that the directors have set their own remuneration, to which Mather replied: “It was a decision taken by the remunerations committee and the chairman at the time, which was Malcolm Murray. “So Malcolm Murray decided the remunerations for Charles Green and Brian Stockbridge and unfortunately the directors are duty bound to honour those scenarios historically. I can assure you on my watch that won’t be happening. “If you look at my pay, there was talk about £500,000 but the actual amount I agreed to in the end was £300,000. Brian Stockbridge was on £200,000 plus a contractual bonus. Again, quite openly he’s agreed to waive that contractual bonus of his own accord.” The accounts reveal that £6.75 million was used to purchase trade and assets. Some critics have suggested that Charles Green’s consortium did not buy Rangers, but rather that the club itself did. “That’s categorically untrue,” said Mather. “It’s just mischief making. The club was bought by the Green consortium and I wasn’t part of it at that juncture. Monies were paid in good faith for those trading assets, full stop.” As to the Ally McCoist’s wages, Mather said: “I’m not suggesting Alistair become the lowest paid manager but he’s very happy to take a pay cut of his own volition. It’s a substantial pay cut.” http://www.telegraph.co.uk/sport/football/teams/rangers/10348112/Malcolm-Murray-to-blame-for-Rangers-directors-high-wages-claims-Craig-Mather.html

DAVID TEMPLETON and Dean Shiels will be among those featuring for the under-20 team tomorrow in their latest SPFL fixture against Motherwell at Ibrox. Both players have been left frustrated by a lack of game time lately, a result of their limited involvement in the pre-season programme due to injuries. They have each scored in substitute appearances – Templeton most recently at the weekend against Stenhousemuir – but boast just six starts between them in 11 games so far. They’ll each be in the first XI for tomorrow evening’s meeting with the Steelmen, which kicks off at 7pm. Entry is free. It’s a match in which coach Gordon Durie is looking for a positive reaction from his side after its 2-1 defeat to Aberdeen in its most recent outing almost a fortnight ago. Even before that, in a 2-1 win over St Mirren in Paisley, the Light Blues weren’t always at their best. Durie wants a better performance as Gers look to build on other victories against Dunfermline and Ross County, as well as an opening-day point against Hamilton. They currently sit fifth in the table, three points off the summit with a game in hand, ahead of a full card of fixtures this midweek. Durie said: “We’re looking forward to the game after the result a couple of weeks ago against Aberdeen and we want a good reaction from the team. “We’ve played five games so far and we feel there’s a lot more to come from the side so hopefully that’ll come tomorrow. “We’re happy with our points return but we’re looking to win every game we play in and in that respect we’ve not got what we’re looking for up to now. “I’m sure in the coming weeks we’ll get that from the boys and it can be quite hard for them because we’ve got to chop and change the team quite a lot with first-teamers coming in. “That’ll happen again this week and we’ve got Temps and Dean coming in, along with Kyle and Steve. “David and Dean need match time. You can train all you want but you need minutes under your belt in games. Hopefully the two of them will benefit from getting 90 minutes.” http://www.rangers.co.uk/news/academy-news/item/5193-duo-set-for-20s-test

By Ian Fraser http://www.business7.co.uk/business-news/scottish-business-news/2013/10/01/charles-green-paid-933-000-106408-24012498/

Chris McLaughlin ‏@BBCchrismclaug 1m #RFC investors have written to club with proposal for change. They want Malcolm Murray, Paul Murray, Scott Murdoch, Alex Wilson appointed.

Lifted from FF: I have been hearing from various sources that we as a group are being met with mixed reviews from forums etc so decided to come on and let everyone know a bit about us and our aims to allow each to make their own mind up We have been accused of being many people from tims to M Dingwall to D Leggat and even malcolm murray. We are none of these we are only normal concerned fans and if you read attachment below it will give you a better idea of who we are and how we came about. We only have 3 aims and I would question any fan who didnt want these things from their club regardless of who they are and which team they follow 1) Keep the stadium in clubs name to avoid Coventry situation 2) clear accounts which prove proper running of the club 3) a board that keep the club off the front pages and are above reproach We do not have any aims that can divide a support and only actually which to unite fans from all groups against a clear and present danger The following is a post from our facebook page that was first posted 2 weeks ago when we first started. Please take the few minutes to read and DONT BELIEVE THE HYPE surrounding The Sons of Struth https://www.facebook.com/SonsOfStruth Here we go I will try and explain in as short a post a possible who is involved to date with the Sons of Struth and how this page came about. One of our main points of agenda and a main Struthism is openness. Some of you may be aware of the Rangers Rumours website and a regular poster named George or George protester number 1. I picked up on his postings only 1 week ago and was intrigued to know what his feelings and understanding of our clubs current plight was. George arranged to travel from London on Friday and meet anyone interested in what he had to say at Ibrox. Due to my own worries about our club I felt I had nothing to lose other than 10 minutes of my time and a whole lot to gain if he had any information that could fill my appetite to fully understand the situation at our club. The fact that only 10 people turned up confirmed my general feeling that our fans are very apathetic towards the current situation and George was very disappointed also. He did, as many have since held against him, arrive minus the promised leaflets and did introduce himself as a representative of George. Both these points seem to have angered some but I understand why he done both when as he could have possibly been faced with a far greater number of fans who he didn’t know who they where and he was let down by a local printer which was a point later proven to me. To the 10 who were at the first meeting and others who visit the Rangers Rumours site, I was the guy with the red jacket who some believed was Georges minder and I post on the site as Craig protester number 2 BFH. To set the record straight I had never met George before Friday and purely turned up as a disgruntled fan searching for some knowledge. I appeared to pick up on what George was saying very quickly but so did others around me, however George seemed to like the questions I asked him and what I had to say so he asked me after the meeting if I would like to talk further on a one to one basis. This “private” meeting consisted more of us talking like true fans and swapping stories of our favourite experiences following our club than it did about revelations which weren’t disclosed at the full meeting. We did prove our love for our club and our concerns for the future just as many discussions would go between Rangers fans all over the world when two strangers meet and they find they both support Rangers. We decided we would talk again during his stay in Glasgow and exchanged numbers. During the course of last weekend we talked several times over the telephone and agreed to meet on Monday and I would introduce him to my friend Sandy who was also interested to hear what George had to say. During the course of the weekend George had put his leaflet online as he promised. George, Sandy and I met on Monday and again the discussion was no different to hundreds of chats between Rangers fans many times over. We discussed our favourite games, best goals,most manic away trips and the like but most importantly we shared a huge concern over the current state of our dearly held club and a desire to do something about. We all agreed that doing something and failing was more acceptable than doing nothing but with the hope we could make a difference even if it was just to give the proper fans some information that may put some fire in the belly and arouse some passion from within the fan base. We then involved the man power from a well known body of fans, who if they wish to disclose their important and welcome involvement is matter for them, who helped along with hastily recruited normal fans like Paisley Gary to help with the distribution of Georges leaflets prior to Tuesdays game. The leaflets went out and received a mixture of reactions. On Tuesday not long before I left for the game I started the Sons of Struth facebook page. The reasons for this is to give the normal fan who wants our club to return to a stewardship of which we would expect from Rangers. You pick up a paper on Monday going to work and you are faced with another scandal about our club. You discuss it and try to make sense of it but before you have a chance to get your head round it a few days later you’re faced with another earth shaking scandal. This is not what we expect from the custodians of our club. The mere inclusion of the Struth name in the page harks back to an era when our custodians conducted themselves with dignity, honesty and respect. We must install this again from our boardroom. Who am I? I am a nobody. Not attached to any fan group or organisation. I am you. A fan and season ticket holder since the age of 8 years old. What do I want? I want to talk about my favourite memories of Rangers and idols and goals again, not have to discuss and deal with on a daily basis another boardroom scandal and just get back to the football. I want a board that won’t embarrass me and treat me like a fan without hiding facts from me. I want to be assured that the stadium where I have had many happy memories will be in the ownership of my club and not sold off and rented back to us by some spiv. The stadium holds the spirit of not one but three disasters and has to remain ours to honour those who did not return. It has to remain for the thousands who have the names of lost loved ones chiselled on the very bricks in their memory. It is not the crown jewels it is far more important to the very soul of every fan who has ever walked through the turnstiles. Who are the Sons of Struth? We all are and can be ordinary fans or members from any other fan body. If you are a Union Bear or a Supporters Trust member, as long as your principles and desires are the same as ours then we welcome your input and support. We are not affiliated to any other fan body but welcome their involvement and discuss common aims. Our biggest and most immediate threat is the possible sale of our stadium and let me explain why. The ground swell of opinion is the current board may not have 51% of the shareholder support in the near future and as such leaves them in a position of one last heist. Let me explain in simple terms and use your house as an example. You require cash due to your ailing financial position and own a home with a market value of £200k. I agree to give you £100k cash today to solve your short term financial problems and I will rent you the house back for £2k per month. I will also agree to allow you to buy it back anytime in the next 10 years for £300k. I cant lose. I either 1) have you in the home and draw £24k a year of you in rental 2) Get £2k a month off you until your able to give me £300k to get it back 3) You leave the house and I have a building costing me half market value. Now turn this story to Ibrox and what a spiv could do. Sell the stadium to a carefully selected company that a trusted friend owns and the spiv has a vested interest in and do it soon before he loses the majority of shareholders. Couldnt happen? Think of the Monday morning paper stories we have all had to deal with in the last couple of years. SONS OF STRUTH DEMAND THE TRUTH SHOW YOU CARE AND SHARE WITH A BEAR Craig

It has been suggested a few times by some Celtic-minded media that BBC Scotland may decide to challenge the BBC Trust's ruling on whether or not Rangers should be referred to as a new club. Occasional blogger @Gri64 (mainly posts on twitter) contacted the Trust and asked some questions and today got the answers so here they are. Q. Can a trust decision be challenged by a BBC department? A. The Trust is the final arbiter in the BBC complaints process and their decision is final. Q. Can a trust decision be challenged by a judicial review? A. Yes. Q. Can I ask how many times the Trust have had a decision subjected to a judicial review if this is the case? A. The SNP asked for a judicial review of a complaint about the televised Prime Ministerial debate in 2010, however, the challenge was withdrawn after an initial hearing. Q. Can I ask if a BBC department has ever "appealed" a Trust ruling or went down the judicial review route? A. No. The BBC are obliged to accept the Trust’s findings. A BBC department has never sought a judicial review of a Trust decision.

Hey folks, Just a heads up that Jon Ritchie (aka nacho_nacho_man) on the RangersMedia forum is running a poll for a silk scarf design. He'll be getting the winning design manufactured in limited quantity (two or three hundred I think) and selling them for a great price. There's 5 designs to choose from, so if you're interested in this sort of thing, then check them out and place a vote on your favourite design! The thread is here - http://forum.rangersmedia.co.uk/index.php?showtopic=258550

I know it isn't that much in the scheme of things, but strange selling these amounts. http://www.lse.co.uk/ShareTrades.asp?shareprice=RFC&share=rangers_int

Scroll down, near bottom http://www.scotcourts.gov.uk/rolls/supreme/lists/r130926_024.htm

I'd say we need to move on other players first but interesting news nonetheless... http://www.rangers.co.uk/news/headlines/item/4983-zaliukas-trains-with-gers

I would like to ask fellow fans their feelings on the quality of football kits from Puma as opposed to the kits from Nike and Adidas , me i think the Puma kit is pretty dire and how long are we tied to this company .

Companies House is to contact Rangers' subsidiary Sevco Scotland Ltd after it filed an incomplete annual return. The document submitted on 12 September contained no details of shareholding during the return period from the company's date of incorporation. Annual returns usually provide details of the identities of shareholders. Sevco Scotland Ltd was the company that acquired the assets of Rangers Football Club PLC last summer after it formally entered liquidation proceedings. Sevco Scotland Ltd changed its name to the Rangers Football Club Limited in July 2012. Companies House told BBC Scotland that it would raise the issue with Sevco Scotland Ltd and confirm if a second annual return was to be filed by the company.

According to Leggo, RFC are being investigated by the Procurator Fiscal after allegations of fraud. It's getting nastier... #agm http://davidleggat-leggoland.blogspot.co.uk/2013/09/procurator-fiscal-launches-fraud-probe.html

I was wondering if any Gersnetters knew the name of Jum Spence's 'zine? He founded and Edited it for several years and his current designation at BBC Scotland is as a direct result of this particular publication. It was a case of BBC Scotland wanting to be seen to embrace the new media. I would like to peruse a copy/copies to how Jum referred to Rangers and Rangers supporters? Further, as Editor; what content was approved?

Rangers FC Official ‏@RFC_Official 25m PRESS: We'll have some live updates from this morning's pre-match press conference with the manager Ally McCoist coming soon. #FAFCvRFC Rangers FC Official ‏@RFC_Official 13m Ally McCoist on facing Forfar again - We're looking forward to going back up there, it was our biggest disappointment this season Rangers FC Official ‏@RFC_Official 13m AMcC - We want to go back up there on Sunday and continue what we feel has been a good start to the season. Rangers FC Official ‏@RFC_Official 12m AMcC - We feel we're stronger with the new faces that we've brought in. Forfar are a big side & they have the potential to make it difficult Rangers FC Official ‏@RFC_Official 11m AMcC on Dick Campbell's comments that #Rangers will win the league by Christmas - I think he's probably playing a bit of mind games there. Rangers FC Official ‏@RFC_Official 10m AMcC - We understand the situation with clubs having plastic pitches, they are a fact of life in lower divisions & we have to get on with it Rangers FC Official ‏@RFC_Official 10m AMcC on Zaliuskas - We have put an offer to him and he's at home considering it. We are very hopeful on that. Rangers FC Official ‏@RFC_Official 9m AMcC - We are also still speaking to Boris Pandza's agent too. Rangers FC Official ‏@RFC_Official 8m AMcC on where a Ramsdens Cup Final would be played - I'd be far happier having that conversation when we get to the Final. Rangers FC Official ‏@RFC_Official 7m Thanks for following this morning's press conference. Stay tuned for more on http://www.rangers.co.uk throughout the day today.

You look at yesterday's game and see the result and think everything is rosy but the result doesn't, for me, tell the story of the game. While travelling to Ibrox, you find out the starting 11 and I couldn't believe that Ally has switched the back line around so much just to ensure that our captain could be played. Last game we played, Jig score a hat-trick, his first if his entire career and for that he deserved to start but never at CH but as a striker. Because of Ally's apparent loyalty to Jig, he put a player (Faure) who's only solid position is at CH and moved him to RB & then dropped (not even on the bench) McAusland who has been outstanding. He then forced out a striker (Little) to play on the left wing, a position he excelled in in one half of one game previously. I believe that those tactical mistakes were to blame for our very poor 1st half performance. We had lost our width down the right as Faure would hardly cross the halfway live as that's not his style, although Peralta was excellent at right mid. The Arbroath team were very good for much of the game, played football & only lost it as the game wore on the the fitness did tell. So, to sum up ... Yes, we scored 5 goals but as I said, that doesn't tell the whole story.

..................... who they trust to put the club back on track KEITH reckons that while Rangers held on to their history, trophies and titles - the club lost its heart and soul after Craig Whyte plunged it under. 16 Sep 2013 00:01 Rangers interim chief executive Craig MatherRangers interim chief executive Craig Mather Graham Stuart/Action Images LET me start with a couple of confessions. First, I don’t know Craig Mather. I have neither met the man nor talked to him. I do happen to know that, in private, he tends not to speak too fondly of me and that’s fine. As someone who has gone to some lengths to expose and condemn the dysfunctionality of the board over which he presides in his highly-paid role as the Rangers chief executive, I would expect nothing else. Mather has made it perfectly clear how badly he wishes to survive in his lucrative position. In fact, both he and financial director Brian Stockbridge have been actively attempting to make themselves bomb-proof from next month’s agm, which is shaping up as a general election to decide the future for Rangers. Perhaps even a defining moment which will determine if this club has much of a future at all. Mather and Stockbridge would prefer not to have to go to the polls. In fact, they wanted desperately to strike a deal with Jim McColl and his group of rebellious shareholders which would have guaranteed their jobs on a new-look board. Perhaps they are worried their credentials will not withstand such a thorough democratic examination and given the mess they have created in their time in charge of the coffers, who could blame them? By Stockbridge’s own recent admission, somewhere between £40million and £50m has gone from the bank vault over the last year or so. This has been an extraordinary cash burn. A £12m injection of funds last summer, followed by £22m from an IPO in December, two lots of £8m from season-ticket sales and various other amounts from commercial deals and hospitality matchday sales. And Stockbridge says only £10m remains. So these men then have already lost a lot. Now though, they stand to lose their own bulging pay packets too and clearly that just won’t do. No wonder they’re prepared to fight in whichever way they can to cling on. And I write this, not only as someone who has personally experienced some dark intimidatory tactics over the past few months, but who has been approached by Rangers employees at both extremities of the club’s pay scale who tell of similar tales. Truly, this club has become toxic beyond belief. After all, for those in charge, it’s all about the pounds, shillings and pence. It’s what brought Mather and Stockbridge to Ibrox in the first instance. It’s what drives them. Mather can hardly sign off on a press release these days without mentioning that he has sunk his own money into this basket case. He did, and in so doing became one of Charles Green’s original backers and trusted allies. Mather handed Green his money and now he wants his pound of flesh. It’s the same with the Easdale Brothers, who were sold a seat on the board by Green, shortly before the Yorkshireman packed up and took his monorail sales pitch to Springfield. All of these characters are hanging around demanding they take what is their due from this club. As is their right. They do not take kindly to being criticised or in some cases even scrutinised. Business is business after all. And Rangers is their business. So, no, I won’t be expecting a Christmas card from Mather. The honest truth of the matter is, for the good of this ravaged and stricken sporting institution, it is my sincere hope that Mather is gone long before then in any case. And that he takes most if not all of the club’s current directors with him. Which moves us along to confession No.2. I DO know Paul Murray. In fact, over the last three years, pretty much since the original Bull**** Billionaire Craig Whyte first appeared on the radar, I have got to know Murray very well indeed. During this time, I have grown to admire the man for his honesty, integrity and sincerity – all qualities which have been in desperately scarce supply around the Rangers trauma. Most of all though I have been struck by his unflinching determination to do the right thing for a football club which has been systematically abused ever since Whyte took it over and forced him off the old board. He is motivated purely by a sense of duty and devotion. In other words Murray is “Aye Ready” to Mather’s “My Readies”. If Mather doesn’t understand what that means he can always ask one of his many spin doctors to explain. They too have to earn their vast Rangers pay checks. And, if nothing else, it’ll keep them off Twitter for a while. That’s where Jack Irvine of Media House, recently reappointed by Mather to fight this dirty war, popped up on Friday full of foul-mouthed, late night insults. Irvine – the man who told the world Craig Whyte was good for Rangers – called McColl a Bull**** Billionaire. And all of this just a few hours after Mather had attempted to humiliate Murray in public with the release of a statement questioning the credentials of this lifelong Rangers fan and former Deutsche Bank high flyer. It was another classless, mean-spirited attack from the club’s own Politburo, in which Murray was made out to be a troublemaker on some sort of vanity project to force his way into a blazer and brogues. Murray responded on Saturday evening when he appeared on BBC Radio to slap Mather back down. And yet, throughout, he maintained a sense of decorum and good manners which seem beyond those currently in charge of the club. Few who listened could have failed to be impressed by the way in which Murray handled himself, or the strength of the message he delivered. He spoke well, his words from the heart and with honesty. Murray stressed that he’d walk away from it all tomorrow so long as he was able to rest at night knowing his club is back in safe hands. Despite the recent smear tactics, I remain convinced that peace of mind is all Murray wishes to gain from this sorry and increasingly spiteful saga. In the end it will all boil down to a matter of trust. The Ibrox fans and the club’s investors will have to decide next month if they trust McColl and Murray. Or if they would rather place their faith in those who continue to recklessly damage Rangers’ reputation. At a time when so much is made about the current status of Rangers, about whether the club died last year or whether it survived the liquidation of the company which owned it, a far more important debate is being ignored among these petty attention seeking squabbles. The truth is, when Green picked this club up for a pittance after Whyte had plunged it under, Rangers held on to its history, its trophies and its titles. Trouble is, it lost its heart and soul somewhere along the way. Perhaps it’ll take men of Murray’s calibre to wipe the ugly snarl from its face and make Rangers recognisable once more.

STV - 12 September 2013 00:01 BST Rangers midfielder Ian Black will go before a Scottish Football Association committee on Thursday to answer accusations of betting against his own club on three occasions. The former Inverness CT and Hearts player is accused of putting money on his team to not win matches between March 4, 2006 and July 28, 2013. Black is also accused of betting on a further ten games in which the club he was playing for were involved in, as well as betting on a further 147 games not involving his team. It is not known which specific fixtures he is accused of placing bets on which involved the clubs he was registered with. The Scottish FA have stated that there is no evidence to suggest the player acted in a manner or influenced proceedings during a game which led to him making money. STV understands the most recent match Black bet upon was Rangers' tie with Albion Rovers in the Ramsdens Cup on July 28, 2013. Rangers won the game 4-0. It is also understood that the player's actions came to light through his use of a Ladbrokes phone account. Footballers registered in Scotland are prohibited by the Scottish FA from betting on any football match. If found guilty, players can be fined from £500 to £1,000,000 and can be either suspended or expelled from playing professional football. They are also not allowed to "behave in a manner, during or in connection with a match in which the party has participated or has any influence, either direct or indirect, which could give rise to an event in which they or any third party benefits financially through betting". The Scottish FA however have made clear there is "no evidence" to suggest Black has breached the second rule. When the allegations were first made, a Rangers spokesperson said: "The club is aware of the SFA's notice of complaint and are currently investigating the matter." http://news.stv.tv/west-central/239202-rangers-ian-black-to-go-before-sfa-committee-over-betting-claims/

Taken from another forum from yesterday; Jim McColl and Paul Murray invited various fans groups to meet with them, to discuss the ongoing situation with our Club. This meeting took place today, and Jim McColl confirmed that he and the requisitionists have not walked away, and that they remain committed to board room change. Mr McColl said: “If the board think this has gone away, they are delusional. The issue has merely moved to the AGM. The requisitionists still want change, and have not wavered from this final objective” The fans groups remain committed to liaising with Mr McColl and shareholders in the run up to the AGM. http://www.twitlonge.../show/n_1rme0vu

Deal till the end of the season apparently... @RFC_Official: #Rangers can confirm tonight they have signed 34-year old goalkeeper Steve Simonsen until the end of the season: http://t.co/FFOrJANCaM @RFC_Official: .@andymitch8 has also gone out on loan to @AnnanAthleticFC & Scott Gallacher has joined @AirdrieoniansFC on loan: http://t.co/FFOrJANCaM

http://t.co/ihyf9Q9S3L WATP.

Further to the announcement on 10 September 2013, the Company confirms that the Board's discussions have been continuing with representatives of the group who requisitioned (together the "Requisitioners") a general meeting to consider the proposed resolutions ("Requisition") detailed in the announcement on 2 August 2013 ("General Meeting"). The Company can confirm that the Requisitioners have withdrawn the Requisition which put forward resolutions for the removal of Craig Mather, Brian Stockbridge and Bryan Smart as Directors of the Company and for the appointment Frank Blin and Paul Murray as Non-Executive Directors of the Company on the condition that the Company convenes its Annual General Meeting to be held no later than 31 October 2013. The Company confirms that all of the current Directors remain in office and that it is not appointing any additional Directors save that as previously announced, the Company confirms that it continues to actively seek to appoint a new Chairman. Further announcements will be made as appropriate. http://www.londonstockexchange.com/e...entId=11707849