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George Letham holds 19 appointments at 19 active companies, has resigned from 2 companies and held 10 appointments at 10 dissolved companies. George began their first appointment at the age of 46 and their longest current appointment spans 10 years and 2 months at WOOLAMAI ACQUISITION LIMITED.

 

The combined cash at bank value for all businesses where George holds a current appointment equals £82,460,001, with a combined assets value of £290,107,001 and liabilities of £149,000,000. Roles associated with George Letham within the recorded businesses include: Director, Company Secretary

 

http://companycheck.co.uk/director/909595776

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who is he?

 

See posts above in conjunction with link below.

 

On 24 February 2014, the Company announced that it had entered into two secured short term credit facilities for an aggregate amount of up to £1.5 million. These credit facilities were provided by Laxey Partners Ltd ("Laxey") to the amount of £1 million (the "Laxey Facility") and Alexander Easdale to the amount of £500,000 (the "Easdale Facility").

 

Laxey has, pursuant to an agreement entered into today, transferred all rights and obligations in relation to the Laxey Facility to Mr George Letham including all its rights in relation to the standard security granted as security for the Laxey Facility. Mr Letham is a shareholder in the Company and a lifelong Rangers fan.

 

The Laxey Facility, now transferred by Laxey to Mr George Letham, remains subject to the same terms and conditions with the exception that the premium payment has been reduced to £45,000 and remains payable in shares or cash.

 

http://rangers.g3dhosting.com/regulatory_news_article/374

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