chilledbear 16 Posted November 22, 2013 Share Posted November 22, 2013 #Rangers confirm to stock exchange the appointment of David Somers as permanent non-executive Chairman. 0 Quote Link to post Share on other sites More sharing options...
crucible 0 Posted November 22, 2013 Share Posted November 22, 2013 Regulatory Story Company Rangers Int. Football Club PLC TIDM RFC Headline Appointment of Chairman Released 12:30 22-Nov-2013 Number 7493T12 RNS Number : 7493T Rangers Int. Football Club PLC 22 November 2013 22 November 2013 Rangers International Football Club plc ("Rangers" or the "Company") Appointment of Chairman The Board of Rangers has appointed David Somers as permanent non-executive Chairman, having previously been independent non-executive director and acting chairman In accordance with Rangers' Articles of Association Mr Somers will remain subject to re-appointment by an ordinary resolution at the upcoming Annual General Meeting of the Company on Thursday 19 December 2013. For further information please contact: Rangers International Football Club plc Graham Wallace Brian Stockbridge Tel: 0141 580 8647 Daniel Stewart & Company plc Tel: 020 7776 6550 Paul Shackleton / James Thomas Newgate Threadneedle Tel: 020 7148 6143 Graham Herring / Roddy Watt / John Coles Media House International Ltd Tel: 020 7710 0020 Jack Irvine This information is provided by RNS The company news service from the London Stock Exchange END 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted November 22, 2013 Share Posted November 22, 2013 Does this possibly show the Boards confidence for the AGM, in light of Laxey's recent acquisition & comments??? 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,255 Posted November 22, 2013 Share Posted November 22, 2013 Does this possibly show the Boards confidence for the AGM, in light of Laxey's recent acquisition & comments??? Well, he's still subject to re-election, but I would assume that - acting according to AIM guidelines aside - the current board was apparently very sure of their votes when recruiting Wallace and Somers. 0 Quote Link to post Share on other sites More sharing options...
Anchorman 0 Posted November 22, 2013 Share Posted November 22, 2013 Does this possibly show the Boards confidence for the AGM, in light of Laxey's recent acquisition & comments??? Can anyone explain to the uneducated in these matters - (1) why has the acquisition of the extra shares by Laxey been deemed as an unexpected twist in the potential outcome? (2) Is it the perception that they have come from 'investors' that it was hoped would otherwise be persuaded by McColl etc? (3) Is it safe to assume that they haven't come from any camp that was already on the 'incumbents' side, or would that be visible if it were the case? It's genuine curiosity as I get lost sometimes. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,153 Posted November 22, 2013 Share Posted November 22, 2013 Laxey claim they bought them from the open market which effectively reduces the shares available for McCollco. The fact there has been no further notifications to the market in that regard perhaps suggests this is true. However, some say, for example, Mather has sold his shares. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted November 22, 2013 Share Posted November 22, 2013 Does this possibly show the Boards confidence for the AGM, in light of Laxey's recent acquisition & comments??? Looks like they've tried to strengthen both their actual position and their perceived position ahead of the AGM. There's been a lot of maneuvering and spin involved and those aspects are only going to escalate as the AGM draws nearer. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 22, 2013 Share Posted November 22, 2013 i said yesterday they were spinning things. nothing has changed re the agm. 0 Quote Link to post Share on other sites More sharing options...
plgsarmy 111 Posted November 22, 2013 Share Posted November 22, 2013 So when he said that he would wait until the shareholders voted for him he was lying. 0 Quote Link to post Share on other sites More sharing options...
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