Frankie 8,684 Posted August 22, 2013 Share Posted August 22, 2013 As expected: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11686782 Further to the announcement on 21 August 2013, the Board has been in continual discussions with representatives of the group who requisitioned (together the "Requisitioners") a general meeting to consider the proposed resolutions as detailed in the announcement on 2 August 2013 ("General Meeting"). One of the aims of these discussions has been to avoid the need for a General Meeting, at this time, and the associated unnecessary cost and disruption to the Company of convening two meetings, a General Meeting and then the Company's Annual General Meeting, which is expected to be held in October 2013, in short succession. The Board has secured the written commitment from the Requisitioners that they accept the validity and logic of this view and the Company and the Requisitioners are now exploring the mechanics of rolling the business of the General Meeting into the business of the Annual General Meeting, on the understanding that an agreement will be reached on the terms upon which this will be done, by the close of business on 27 August 2013. Failing such agreement being reached by this time, the Board will be required to send notice to shareholders to convene the General Meeting by no later than 30 August 2013. Further announcements will be made as appropriate. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted August 22, 2013 Share Posted August 22, 2013 Does have a certain logic to it right enough. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,684 Posted August 22, 2013 Author Share Posted August 22, 2013 Does have a certain logic to it right enough. Green may be gone by then enabling anticipated board changes. 0 Quote Link to post Share on other sites More sharing options...
rbr 1,276 Posted August 22, 2013 Share Posted August 22, 2013 The current incumbents on the board must realise they are on a hiding to nothing , as well as the Easdales who are looking mighty stupid after their" McColl will lose "statement 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted August 22, 2013 Share Posted August 22, 2013 As I said earlier McColl's statement was VERY carefully worded; using "pursuing" rather than "convening". I have also been advised that Blin is not prepared to meet anyone "at the moment"; this is directly from him on an email to a mutual acquaintance. For the avoidance of doubt, I have not seen Blin's email. Note also One of the aims of these discussions which does not preclude a change in the motions to be discussed i.e. there could still be changes to who they want removed and who they want in. I would suggest that there is some fairly heated horse trading going on behind the scenes as Mather and Stockbridge struggle to keep their places on the Board/jobs and McCollCo continue to push P Murray and/or AN Other. Blin is a shoe in. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted August 22, 2013 Share Posted August 22, 2013 blin is the prize certainly. the kind of guy we should always have on our board. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted August 22, 2013 Share Posted August 22, 2013 blin is the prize certainly. the kind of guy we should always have on our board. I'd like to see Blin join, and Stockbridge go. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted August 22, 2013 Share Posted August 22, 2013 I'd like to see Blin join, and Stockbridge go. That woukd be my top 2 choices. But its not enough. We have lost smith and murray and they gained easdale. One on one off doesnt even rectify that never mind make a proper change. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted August 22, 2013 Share Posted August 22, 2013 That woukd be my top 2 choices. But its not enough. We have lost smith and murray and they gained easdale. One on one off doesnt even rectify that never mind make a proper change. It's a bit difficult to conclude what 'side' Mather is when Smith and McCoist have backed him. As for Bryan Smart, I know pretty much nothing about him. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted August 22, 2013 Share Posted August 22, 2013 It's a bit difficult to conclude what 'side' Mather is when Smith and McCoist have backed him. As for Bryan Smart, I know pretty much nothing about him. mccoll is going after smart for a reason. no idea why mind you. 0 Quote Link to post Share on other sites More sharing options...
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