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Everything posted by forlanssister
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match thread (image) Celtic v Rangers: Becoming the real deal...
forlanssister replied to Frankie's topic in Rangers Chat
They didn't keep cool a group of ignorant idiots rushed to the front where the wheelchair platform pushing, knocking and hitting the wheelchair fans resulting in two severely disabled fans being injured and badly shaken up. -
24k for European games. Which means we'll get circa 1200. I expect a ballot for Travel Club members which means if you haven't some points in the bag you're unlikely to get a ticket from Rangers (there's over 4k Travel Club members). There will be a certain amount of home end tickets kicking about (there always are) but they usually come at a hefty premium (you can pick up on viagogo just now for 199 euros). Going to be a lot of Bears watching it in Viennese bars.
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UEFA Europa League Draw: Villarreal, Rapid Vienna, Spartak Moscow
forlanssister replied to Gaffer's topic in Rangers Chat
A bird in the hand and all that.... -
UEFA Europa League Draw: Villarreal, Rapid Vienna, Spartak Moscow
forlanssister replied to Gaffer's topic in Rangers Chat
Go on to viagogo and get one there's a few @ 199 euros. -
Every single shareholder received notification, literally thousands upon thousands of them. Your ignorance of the facts wasn't confusion.
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Has it sunk in yet or are you still battling reality in a parallel universe?
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All the shares in this issue (placing would be a more accurate description) have been taken either by the "concert party" or their allies.
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For the avoidance of doubt the allocation of new shares can be seen on the Rangers webite. https://media.rangers.co.uk/uploads/2018/08/Notice-and-Notes-31st-Aug19522722_1.pdf
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I know fine well as do thousands of others who've seen the notice but it appears your clueless.
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I've said umpteen times in this thread already that they remain the same but your superior wisdom states that cannot possibly the case. Continue making a fool of yourself you have it down to a fine art.
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Yes, it's a matter of public record.
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Ok, what are the current % shareholdings of the "concert party" members and what will their % shareholdings change to post August 31st ?
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Definitely missing something. The whole point of the exercise is that members of the "concert party" DON'T increase the stakes (yet!) but DO maintain their current stake. By doing that and ensuring the new shares are in friendly hands they effectively castrate the Takeover Panel ruling as there can't be enough acceptances to force a mandatory offer. The loans were made as it simply wasn't possible to invest via equity at the time, the loans will never be repaid but they will over a period of time be converted to equity.
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That's in regards to the offer that the Takeover Panel said King must make, this issue however has the effect of eliminating the possibility of King having to proceed with a mandatory offer. This is a very clever move by King and the Board and is undoubtedly to the benefit of RFC.
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They really aren't increasing their stake at all and that's a fact. They aren't investing a penny more all they are doing is exchanging a proportion of their loans for equity. If they were to increase their stake then they would fall foul of the law, the main point of this exercise is not to fall foul of any law or rules. No member of the "concert party" will be increasing their percentage holdings in this issue not by any valid definition.
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FC Ufa given visas for their tie with Gers…
forlanssister replied to ian1964's topic in Rangers Chat
I'll stuff some jerky or biltong into by backpack that should suffice! -
FC Ufa given visas for their tie with Gers…
forlanssister replied to ian1964's topic in Rangers Chat
Alas today's fare was a KFC in Dundee on the way back -
FC Ufa given visas for their tie with Gers…
forlanssister replied to ian1964's topic in Rangers Chat
Aye, I couldn't do it without the unselfish assistance of others! -
FC Ufa given visas for their tie with Gers…
forlanssister replied to ian1964's topic in Rangers Chat
Flew fae Dyce, had a ham & cheese toasty fae Costa not quite the same bonhomie as is found in the Leith waterfront -
They are not increasing their "stake" at all they're simply maintaining it which is the point of the exercise.
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Funny where was all this journalistic solidarity when Jackson and Keevins were banned from Parkhead and what stance did PQ (or even QMD) take when Spence was banned from Dens Park and from Tannadice? Oh that's right they sent other reporters.
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In this round that appears to be the case, though you could argue that converting loans is buying if you want..
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Yes. Check the existing holdings then work out the post issue holdings.