Zappa 0 Posted December 10, 2013 Share Posted December 10, 2013 So what percentage of votes do the current incumbents actually have for the AGM at the moment then? I see Sandy Easdale is now up to 26.62% voting rights due to the large number of proxy votes he now holds, but what's the latest approximation as to the board's total percentage? Anyone got a breakdown? 0 Quote Link to post Share on other sites More sharing options...
Stimpy 0 Posted December 10, 2013 Share Posted December 10, 2013 I see Stockbridge commands an overwhelming 3% support on the RST online vote so far. Are you listening to the fans as you said you would Laxey? I doubt they give a flying F about supporters. Union of Fans Meet with Rangers Shareholders Representatives of the Rangers Union of Fans have been in London for the past two days, meeting with a number of significant shareholders in Rangers. We put across the overwhelming wish of supporters for change in the boardroom. During the meeting with Colin Kingsnorth of Laxey, kindly organised by the London Rangers Supporters Club, we explained the severe trust issues which Rangers fans have with some of the current board, most specifically Brian Stockbridge. These issues were articulated clearly at the weekend via the large scale protest at Ibrox. We also impressed upon him the need for the appointment of trusted directors. Mr Kingsnorth is now fully briefed on the fans feelings and appeared to share the majority of our concerns on Mr Stockbridge. He also revealed that he had insisted that Mr Stockbridge repay his £200k bonus from last year or that Laxey may not support his re-election. He believes that in response to this possible loss of significant shareholder support, Mr Stockbridge had returned, or would return, this money prior to the AGM. He also acknowledged that this was far from the only issue with Mr Stockbridge. Despite broad agreement on fans' concerns, Mr Kingsnorth indicated that Laxey were unlikely to change their already submitted and publicly stated vote. We remain unclear on the reasoning behind this, particularly given these shared concerns. Following this round of meetings, it would appear that the AGM result will be particularly close as there are numerous different claims of support. It is clear that the 12% of voting rights held by the Rangers support can be absolutely crucial to the result at the AGM. We urge all fans to make sure your vote counts by attending the AGM in person or, if you cannot attend, proxying your vote to someone who can. 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted December 10, 2013 Share Posted December 10, 2013 Money is their driving force. They couldn't care less about the fans. Supporters vote crucial. 0 Quote Link to post Share on other sites More sharing options...
Mountain Bear 0 Posted December 10, 2013 Share Posted December 10, 2013 I doubt they give a flying F about supporters. Perhaps not, but if the owners of a business ignore their customers, then it's unlikely to end well for them in the long run. 0 Quote Link to post Share on other sites More sharing options...
Mountain Bear 0 Posted December 10, 2013 Share Posted December 10, 2013 Union of Fans Meet with Rangers Shareholders Representatives of the Rangers Union of Fans have been in London for the past two days, meeting with a number of significant shareholders in Rangers. We put across the overwhelming wish of supporters for change in the boardroom. During the meeting with Colin Kingsnorth of Laxey, kindly organised by the London Rangers Supporters Club, we explained the severe trust issues which Rangers fans have with some of the current board, most specifically Brian Stockbridge. These issues were articulated clearly at the weekend via the large scale protest at Ibrox. We also impressed upon him the need for the appointment of trusted directors. Mr Kingsnorth is now fully briefed on the fans feelings and appeared to share the majority of our concerns on Mr Stockbridge. He also revealed that he had insisted that Mr Stockbridge repay his £200k bonus from last year or that Laxey may not support his re-election. He believes that in response to this possible loss of significant shareholder support, Mr Stockbridge had returned, or would return, this money prior to the AGM. He also acknowledged that this was far from the only issue with Mr Stockbridge. Despite broad agreement on fans' concerns, Mr Kingsnorth indicated that Laxey were unlikely to change their already submitted and publicly stated vote. We remain unclear on the reasoning behind this, particularly given these shared concerns. Following this round of meetings, it would appear that the AGM result will be particularly close as there are numerous different claims of support. It is clear that the 12% of voting rights held by the Rangers support can be absolutely crucial to the result at the AGM. We urge all fans to make sure your vote counts by attending the AGM in person or, if you cannot attend, proxying your vote to someone who can. Did Laxey rule out voting for one or more requisitioners as well as the existing directors they have pledged to support? 0 Quote Link to post Share on other sites More sharing options...
Stimpy 0 Posted December 10, 2013 Share Posted December 10, 2013 Did Laxey rule out voting for one or more requisitioners as well as the existing directors they have pledged to support? Laxey have voted against the requisitioners and for the current board. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted December 10, 2013 Share Posted December 10, 2013 Laxey have voted against the requisitioners and for the current board. So what are the overall numbers looking like? Sandy Easdale's 26.62% + Laxey's 12% gives them 38.62% straight away, but is there any more to add to that which we know of? 0 Quote Link to post Share on other sites More sharing options...
Stimpy 0 Posted December 10, 2013 Share Posted December 10, 2013 So what are the overall numbers looking like? Sandy Easdale's 26.62% + Laxey's 12% gives them 38.62% straight away, but is there any more to add to that which we know of? If my info is correct then nothing has changed in terms of percentage votes. Both parties have around 40%+, maybe a wee bit more favoring the board, with fans votes being crucial. Top 50 shareholders own about 90% of the shares. Other made up of supporters. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted December 10, 2013 Share Posted December 10, 2013 If my info is correct then nothing has changed in terms of percentage votes. Both parties have around 40%+, maybe a wee bit more favoring the board, with fans votes being crucial. Top 50 shareholders own about 90% of the shares. Other made up of supporters. Who's counting the votes and will they be publishing a full breakdown of the results? 0 Quote Link to post Share on other sites More sharing options...
Stimpy 0 Posted December 10, 2013 Share Posted December 10, 2013 Who's counting the votes and will they be publishing a full breakdown of the results? Think Capita count them but no idea if we get a breakdown. 0 Quote Link to post Share on other sites More sharing options...
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