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Breaking News: Sports Direct will now pay for advertising at Newcastle United

ian1964

By ian1964
in Rangers Chat

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craig

craig 5,199

Posted
Posted
There were 2 separate resolutions at the AGM. One was to block Ashley from voting, the other was to have a new share issue where new investors could buy in. Neither achieved the 75% necessary because Ashley/Easdales and others voted against both resolutions. That's the way I remember it

ps I also think you can have a new rights issue (where existing shareholders can buy shares) but not a new share issue any time you want.

 

I should have clarified that you can have a rights issue anytime you want.

 

My bad :thup:

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