Malcolm Murray to blame for Rangers directors' high wages, claims Craig Mather

[forlanssister 3,050]

Wasn't that the same reason Green had to transfer shares to Laxley a few weeks ago?

 

Yes it was, it appears Laxey were smart enough to extract a personal guarantee from Green in writing.

 

Alan MacKenzie however didn't have Laxey's foresight as the leak of his email by Charlotte Fakes yesterday so ably demonstrated. (can post the content of his email to demonstrate if Frankie permits)

[Zappa 0]

Wasn't that the same reason Green had to transfer shares to Laxley a few weeks ago?

 

Wed, 5th Jun 2013 11:20

 

RNS Number : 3537G

Rangers Int. Football Club PLC

05 June 2013

 

Rangers International Football Club plc

 

("Rangers", the "Company" or "Club")

 

Share Transfer Agreement

 

The Company announces that under an agreement entered into by Charles Green, the former CEO of the Company, with Laxey Partners Ltd ("Laxey") on 19 October 2012, Mr Green has agreed to transfer 714,285 shares owned by him to Laxey, once free to effect a transfer. Under the terms of the lock-in agreement entered into by Mr Green with the Company on 7 December 2012, Mr Green is prevented from transferring shares before 7 December 2013, without the consent of Cenkos Securities plc other than in limited circumstances such as to connected persons, a family trust or in the event of a takeover of the Company.

 

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RFC&ArticleCode=0syltv93&ArticleHeadline=Share_Transfer_Agreement

[the gunslinger 3,366]

mather must be feeling the pressure because he has gone utterly nuts.

[Calgacus 8]

mather must be feeling the pressure because he has gone utterly nuts.

 

I'm just in from work - what have I missed?

[the gunslinger 3,366]

I'm just in from work - what have I missed?

 

blaming murray for the directors wages.

 

blaming protestors for falling crowds.

 

refusing to answer the question about ipo costs.

 

he's lost his mind.

[simplythebest 0]

Murray was chairman and the head of the remuneration committee. Is this untrue?

[the gunslinger 3,366]

green ahmed and stockbridge were in place before malcolm murray.

[simplythebest 0]

They were appointed on the same day IIRC.

[the gunslinger 3,366]

before the remuneration committee started then.

 

but let's be sensible. green forced mm off the board. we know who was making the decisions.

[simplythebest 0]

Murray also forced Green out.