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King announces 12.6m share issue

Hot off the press...

https://www.thescottishsun.co.uk/sport/football/3068015/rangers-share-issue-dave-king-august-31/

posted on 14/8/18

Probably but at least the share issue is happening - seemed for a while it was unlikely.

comment by Silver (U6112)

posted on 14/8/18

Comment Deleted by Site Moderator

posted on 14/8/18

comment by Laudrup:I heard It was all Dave King's fa... (U12366)
posted 31 minutes ago
comment by The Duke (U10059)
posted about an hour ago
Was the no takers s at 20p not in relation to the offer king must make for the existing shares

A number do think this
----------------------------------------------------------------------
Rangers also noted if the resolution was passed, it would spare King having to meet the Takeover Panel requirements of proving he could fund an offer to buy up the rest of the remaining two-thirds of the club's current equity at a cost of some £10.75m.
----------------------------------------------------------------------

What?

😂

How on earth does more coffers into Rangers and the repayment of loans to equity again into Rangers demonstrate that King doesn’t need to privately as an individual (there’s the key), meet the requirements of the TOP and then place the funds himself?

If they said that they’ve got it totally wrong.

The club aren’t the ones who broke the rules of the TOP.

posted on 14/8/18

comment by Gingernuts (U2992)
posted 15 minutes ago
comment by Laudrup:I heard It was all Dave King's fa... (U12366)
posted 31 minutes ago
comment by The Duke (U10059)
posted about an hour ago
Was the no takers s at 20p not in relation to the offer king must make for the existing shares

A number do think this
----------------------------------------------------------------------
Rangers also noted if the resolution was passed, it would spare King having to meet the Takeover Panel requirements of proving he could fund an offer to buy up the rest of the remaining two-thirds of the club's current equity at a cost of some £10.75m.
----------------------------------------------------------------------

What?

😂

How on earth does more coffers into Rangers and the repayment of loans to equity again into Rangers demonstrate that King doesn’t need to privately as an individual (there’s the key), meet the requirements of the TOP and then place the funds himself?

If they said that they’ve got it totally wrong.

The club aren’t the ones who broke the rules of the TOP.
----------------------------------------------------------------------
🤷🏽‍♂️

posted on 14/8/18

We usually get an article from Celtic fans boasting about a 20m windfall from being in the CL this year....

comment by Timmy (U14278)

posted on 14/8/18

Who cares?

Why ask the fans to make up the shortfall?

posted on 14/8/18

comment by timmy (U14278)
posted 17 minutes ago
Who cares?

Why ask the fans to make up the shortfall?
----------------------------------------------------------------------
Think it was always the plan

posted on 14/8/18

I know nothing about shares,have a question tho,can joe public buy shares at 20p each? I`d like to get some as a birthday gift.

posted on 14/8/18

comment by Bluebell (U7064)
posted 6 minutes ago
I know nothing about shares,have a question tho,can joe public buy shares at 20p each? I`d like to get some as a birthday gift.
----------------------------------------------------------------------
Go to the investment centre on the web site
You can make contact with the brokering agency and see
Last I saw they were changing at 29p
You will pay more in fees but if a gift that hardly matters

posted on 14/8/18

Cheers Duke

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