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Donald Muir - Shareholders, send the bank a message


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Donald Muir, Lloyds TSB's man on the Rangers board, has to be re-elected at the AGM.

 

This is a chance for the bears to show the bank our feelings on their interference if they were to vote against Muir's re-election. Murray's block votes will ensure that he will be re-elected, but it will be more poor PR for Lloyds if Muir has to rely on that.

 

Use your votes wisely, shareholders.

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Donald Muir, Lloyds TSB's man on the Rangers board, has to be re-elected at the AGM.

 

This is a chance for the bears to show the bank our feelings on their interference if they were to vote against Muir's re-election. Murray's block votes will ensure that he will be re-elected, but it will be more poor PR for Lloyds if Muir has to rely on that.

 

Use your votes wisely, shareholders.

 

Sage advice.

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  • 4 weeks later...

Thanks to the shareholders for taking this on board and sending a message.

 

I thought that the club's handling of this wasn't too clever. McClelland's first attempt at claiming the vote was too close to call was laughable, which the second vote undoubtably proved.

 

Why have a physical poll for this vote only? Why not every one? Perhaps they would argue that they take into account proxy votes before making that decision but it isn't clear to the shareholders. There seems to be an implication that our votes don't matter (which perhaps they don't but they could at least be up front about it).

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Exactly what message was being sent, I thought that the Chairman's statement was quite clear as to his view of the banks role and conduct, to invite shareholders to spit in the eye of that appraisal is and was intemperate to say the least, why try to cast the bank as the enemy, if a debt is owed it is owed, simple equation.

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"Therefore pursuant to David himself and Donald Wilson

resigning from the Board, we voted the two replacement Murray nominees, Mike

McGill and Donald Muir, on as new Directors. While the selection of Donald Muir

may have been somewhat controversial, given the fact that he had been an active

liaison between Murray Group and Lloyds Bank with respect to other elements of

the conglomerates business, it was not out of context that he became a

designated non-executive Director of Rangers."

 

You are clearly at odds with the chairman's statement, you continue to spin Muir's appointment as a bank placement, something you have no evidence for, only spin.

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