STATEMENT on behalf of Rangers International Football Club PLC (RIFC)
RIFC is pleased to advise that it has now proceeded with the share issue approved by members at the General Meeting on 31 August 2018.
RIFC discussed the placing with the Takeover Panel before completing the issue and can confirm that the Panel did not at the time of the placing regard any of the ‘new’ placees as acting in concert with those previously deemed concert parties by the Panel.
The undernoted allotments of shares have been made and updated information on RIFC’s major shareholders has been posted HERE.
The allotments of shares have increased the issued share capital of RIFC to 144,625,338 shares of 1p each.
https://rangers.co.uk/news/headlines/statement-on-behalf-of-rifc/
Statement.
posted on 30/9/18
Boring utter boring.
Has to be in the top five worst statements ever
posted on 30/9/18
comment by timmy (U14278)
posted 1 hour, 10 minutes ago
Boring utter boring.
Has to be in the top five worst statements ever
You're right
This is.
posted on 30/9/18
1,450,000,000 penny shares, ot thereabouts.
That's less than £1.5M raised.
Wat chest or covering existing debts?
posted on 3/10/18
Good that it’s now proceeded, I know a lot of the bhoys doubting it would.
posted on 3/10/18
comment by Ibrox Elite - Let’s go (U5255)
posted 25 minutes ago
Good that it’s now proceeded, I know a lot of the bhoys doubting it would.
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Yep.
Although the original idea of course was as a huge income stream as opposed to it now being a loan converter.
So no, the purpose of it has changed so dramatically that it’s not the same at all 👍
posted on 3/10/18
It was always the plan I’m afraid. Nice try tho
posted on 3/10/18
comment by Ibrox Elite - Let’s go (U5255)
posted 11 seconds ago
It was always the plan I’m afraid. Nice try tho
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Nope. Not in the slightest. It was proposed to bring in new investors with preference given to existing ones whilst also converting the soft loans into equity which at the time of the first notion were a lot lower.
Let’s not rewrite history shall we? 😎
posted on 3/10/18
That’s what’s happened
posted on 3/10/18
comment by Ibrox Elite - Let’s go (U5255)
posted 47 minutes ago
That’s what’s happened
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I know.
Thanks for your tacit agreement. Albeit a little late but we got there 👍
posted on 3/10/18
I think youve misunderstood