Frankie 8,150 Posted July 2, 2014 Share Posted July 2, 2014 One for you one for me. It's how you divide up loot Probably. I do wonder at the timing though: looking to profit from them or getting in now so he can invest more in share issue? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted July 2, 2014 Share Posted July 2, 2014 Probably. I do wonder at the timing though: looking to profit from them or getting in now so he can invest more in share issue? Getting a firmer control. Before things explode I expect. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted July 2, 2014 Share Posted July 2, 2014 Will these come out the 43 million we need to sell to raise cash. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted July 2, 2014 Share Posted July 2, 2014 Probably. I do wonder at the timing though: looking to profit from them or getting in now so he can invest more in share issue? He took one for the team just short of six months ago. Notice period? 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted July 2, 2014 Share Posted July 2, 2014 "The terms of Mr Stockbridge’s share options entitlement were part of his contract of employment with The Rangers Football Club dated September 2012, as was agreed with the Charles Green consortium following the acquisition of the Rangers assets in June 2012. "In 2012 Mr Stockbridge was awarded an entitlement to shares with a value of £500,000 being 2.5 times his £200,000 annual salary. The number of option shares awarded to Mr Stockbridge was calculated with reference to the 70p per share price for the shares at the time of the IPO and he confirmed this price at the AGM in November 2013. On this basis Mr Stockbridge had a contractual entitlement to acquire 714,285 ordinary shares in the Company. The exercise price of the option shares to which Mr Stockbridge became contractually entitled in September 2012 was 1p per share. He has paid the exercise price to the Company. “The current Board was legally compelled to issue the shares to Mr Stockbridge on these terms as it has no jurisdiction to amend, change or alter the share issue, whatever its opinion of this agreement - a legacy of the previous regime.” Apparently sent from Somers in reply to an email from someone on FF. Club statement to follow shortly. Don't shoot the messenger. 0 Quote Link to post Share on other sites More sharing options...
Little General 80 Posted July 2, 2014 Share Posted July 2, 2014 A big boy done it and ran away:wtf: 0 Quote Link to post Share on other sites More sharing options...
lenzEK 0 Posted July 2, 2014 Share Posted July 2, 2014 Always a legacy of the previous regime. 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,258 Posted July 2, 2014 Share Posted July 2, 2014 Always a legacy of the previous regime. Spot on. It was a legacy of the previous regime 0 Quote Link to post Share on other sites More sharing options...
Dragonfly Trumpeter 50 Posted July 2, 2014 Share Posted July 2, 2014 Spot on. It was a legacy of the previous regime Bollocks. It is the same regime, still looking after their own. Nothing has changed, apart from the placed puppets. 0 Quote Link to post Share on other sites More sharing options...
buster. 4,808 Posted July 2, 2014 Share Posted July 2, 2014 Always a legacy of the previous regime. Standard speak for 'a stage' of an ongoing process with various 'stages'. Problem with this, is that there are too many links to seperate the stages as they would like you to believe. 0 Quote Link to post Share on other sites More sharing options...
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