colinstein 294 Posted November 22, 2017 Share Posted November 22, 2017 (edited) http://www.heraldscotland.com/sport/15677494.Club_1872_vote_to_pass_all_eleven_Resolutions_at_Rangers_AGM/?action=success#comments-feedback-anchor CLUB 1872 will vote in favour of a new share issue at the Rangers Annual General Meeting next week following a poll of members. The Ibrox board are seeking permission to allocate shares without offering them to all investors as part of a move to convert a portion of the soft loans from the likes of Dave King and the Three Bears. let's get those loans converted to shares and be debt free https://www.rangersobserver.com/news/2017/11/22/rangers-agm-2017-preview Edited November 22, 2017 by colinstein 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted November 22, 2017 Share Posted November 22, 2017 Lot of money put into the club by these guys. 0 Quote Link to post Share on other sites More sharing options...
Tannochsidebear 2,405 Posted November 22, 2017 Share Posted November 22, 2017 Forgot to vote but clearly the vast majority were all in favour. I would like to see votes cast rather than just the bare percentage of votes cast. It would be interesting to know how many of the 7500 paying members actually bothered their arse to vote, or as I suspect, the majority of fans involved are happy to contribute but don't want to get involved. Hope I'm wrong, and I'm part of the problem this time around although I think I have voted on everything else under C1872 to date. 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted November 22, 2017 Author Share Posted November 22, 2017 hey Ally...do what you know is right ! 0 Quote Link to post Share on other sites More sharing options...
rbr 1,256 Posted November 22, 2017 Share Posted November 22, 2017 Have asked what the voting turnout was in this , as usually it's very very low 0 Quote Link to post Share on other sites More sharing options...
Bill 13,717 Posted November 22, 2017 Share Posted November 22, 2017 (edited) Out of interest, if the board gets its way, does anyone know what the new share distribution will be and who will suffer most from dilution? Edited November 22, 2017 by Bill 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted November 22, 2017 Share Posted November 22, 2017 Out of interest, if the board gets its way, does anyone know what the new share distribution will be and who will suffer most from dilution? I would imagine the Easdale block will be the biggest losers. 0 Quote Link to post Share on other sites More sharing options...
Bill 13,717 Posted November 23, 2017 Share Posted November 23, 2017 (edited) I would imagine the Easdale block will be the biggest losers. Or Club1872? I imagine the value of its shareholding will be considerably reduced. Edited November 23, 2017 by Bill 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted November 23, 2017 Author Share Posted November 23, 2017 I think club 1872 will buy enough shares to maintain or increase their percentage 0 Quote Link to post Share on other sites More sharing options...
Bill 13,717 Posted November 23, 2017 Share Posted November 23, 2017 I think club 1872 will buy enough shares to maintain or increase their percentage Surely Club1872 can only buy share that are made available to it. I understood the proposal was to offer any share issue to creditor shareholders as return on their loans. Since this doesn't include Club1872, I can't see how it can prevent dilution of its shareholding. Or am I wrong? 0 Quote Link to post Share on other sites More sharing options...
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