RangersWestside 0 Posted October 26, 2009 Share Posted October 26, 2009 THE Board of Directors of The Rangers Football Club plc ("Club") is aware of the recent speculation and various comments in the media over the weekend. The Club's board has been advised by its principal shareholder, Murray International Holdings Limited ("MIH"), that it is considering options regarding its shareholding in the Club and this may or may not lead to MIH disposing of some or all of its stake in the Club to a third party. These considerations are still at an early stage and may or may not lead to any offer for the issued shares of the Club. The directors of the Club will keep shareholders advised of key developments. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the Club announces that, as at the close of business on 26 October 2009, it has issued share capital of £10,879,150. The share capital is represented by 108,791,499 fully paid-up ordinary shares of 10 pence each. The ISIN reference of the Club ordinary shares is GB0007237380. Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any person is, or becomes, "interested" (directly or indirectly) in 1% or more of any class of "relevant securities" of the Club, all "dealings" in any "relevant securities" of that company (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant securities" of the Club, they will be deemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant securities" of the Club by any potential offeree company or by the Club, or by any of their respective "associates", must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction. A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk. "Interests in securities" arise, in summary, when a person has long economic exposure, whether condition or absolute, to changes in the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control or securities, or by virtue of any option in respect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a "dealing" under Rule 8, you should consult the Panel. The directors of The Rangers Football Club plc accept responsibility for this Link to post Share on other sites More sharing options...
tommy2212 151 Posted October 26, 2009 Share Posted October 26, 2009 Is this the london stock exchange? Link to post Share on other sites More sharing options...
AdzKyle 8,097 Posted October 26, 2009 Share Posted October 26, 2009 Is this the london stock exchange? Yes Link to post Share on other sites More sharing options...
NOLUWDC 1 Posted October 26, 2009 Share Posted October 26, 2009 I wish I knew what this meant. Link to post Share on other sites More sharing options...
Craigy 0 Posted October 26, 2009 Share Posted October 26, 2009 http://www.rangers.premiumtv.co.uk/page/He...1838236,00.html Something is happening... Link to post Share on other sites More sharing options...
CF5LOYAL 0 Posted October 26, 2009 Share Posted October 26, 2009 Is this the london stock exchange? Real Radio just said that a takeover is in advanced stages. Roughy not letting on. "A figurehead will be coming in with rangers men from Glasgow working round about him" Link to post Share on other sites More sharing options...
dee9 3,997 Posted October 26, 2009 Share Posted October 26, 2009 I wish I knew what this meant. Me too! Link to post Share on other sites More sharing options...
wearethepeople1 3,897 Posted October 26, 2009 Share Posted October 26, 2009 THE Board of Directors of The Rangers Football Club plc ("Club") is aware of the recent speculation and various comments in the media over the weekend. The Club's board has been advised by its principal shareholder, Murray International Holdings Limited ("MIH"), that it is considering options regarding its shareholding in the Club and this may or may not lead to MIH disposing of some or all of its stake in the Club to a third party. These considerations are still at an early stage and may or may not lead to any offer for the issued shares of the Club. The directors of the Club will keep shareholders advised of key developments. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the Club announces that, as at the close of business on 26 October 2009, it has issued share capital of £10,879,150. The share capital is represented by 108,791,499 fully paid-up ordinary shares of 10 pence each. The ISIN reference of the Club ordinary shares is GB0007237380. Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any person is, or becomes, "interested" (directly or indirectly) in 1% or more of any class of "relevant securities" of the Club, all "dealings" in any "relevant securities" of that company (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant securities" of the Club, they will be deemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant securities" of the Club by any potential offeree company or by the Club, or by any of their respective "associates", must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction. A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk. "Interests in securities" arise, in summary, when a person has long economic exposure, whether condition or absolute, to changes in the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control or securities, or by virtue of any option in respect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a "dealing" under Rule 8, you should consult the Panel. The directors of The Rangers Football Club plc accept responsibility for this in english.......does that mean someones put a bid in and they are thinking about it??? Link to post Share on other sites More sharing options...
gennaro 0 Posted October 26, 2009 Share Posted October 26, 2009 The board of directors of The Rangers Football Club plc ("Club") is aware of the recent speculation and various comments in the media over the weekend. The Club's board has been advised by its principal shareholder, Murray International Holdings Limited ("MIH"), that it is considering options regarding its shareholding in the Club and this may or may not lead to MIH disposing of some or all of its stake in the Club to a third party. These considerations are still at an early stage and may or may not lead to any offer for the issued shares of the Club. The directors of the Club will keep shareholders advised of key developments. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the Club announces that, as at the close of business on 26 October 2009, it has issued share capital of £10,879,150. The share capital is represented by 108,791,499 fully paid-up ordinary shares of 10 pence each. The ISIN reference of the Club ordinary shares is GB0007237380. Contact: Donald McIntyre Rangers Football Club 0141 580 8500 Link to post Share on other sites More sharing options...
MrHudson 0 Posted October 26, 2009 Share Posted October 26, 2009 Just heard it there. We are now definitely on the path for a takeover Link to post Share on other sites More sharing options...
GeneralCartmanLee 313 Posted October 26, 2009 Share Posted October 26, 2009 so someone is trying to buy us then....this is interesting.... Link to post Share on other sites More sharing options...
Emerson 2 Posted October 26, 2009 Share Posted October 26, 2009 So does this mean McCulloch is fit or not? Link to post Share on other sites More sharing options...
DinViesel 399 Posted October 26, 2009 Share Posted October 26, 2009 So does this mean McCulloch is fit or not? Link to post Share on other sites More sharing options...
Rambo1873 0 Posted October 26, 2009 Share Posted October 26, 2009 I told use roghy new something? Link to post Share on other sites More sharing options...
TexasGers 96 Posted October 26, 2009 Share Posted October 26, 2009 So does this mean McCulloch is fit or not? Link to post Share on other sites More sharing options...
Allzo 91 Posted October 26, 2009 Share Posted October 26, 2009 Mcculloch is trying to buy us! Link to post Share on other sites More sharing options...
BR_54 15 Posted October 26, 2009 Share Posted October 26, 2009 So does this mean McCulloch is fit or not? Link to post Share on other sites More sharing options...
FieldMarshall85 16 Posted October 26, 2009 Share Posted October 26, 2009 I wonder if it is Dave King or somebody else? Link to post Share on other sites More sharing options...
Otis 1 Posted October 26, 2009 Share Posted October 26, 2009 Looks like we're being sold, atleast i think it does. Link to post Share on other sites More sharing options...
MikeSpilligan 0 Posted October 26, 2009 Share Posted October 26, 2009 Probably the first thing that can be believed 100% today! Let's hope this happens quickly. Link to post Share on other sites More sharing options...
TheBedlam 0 Posted October 26, 2009 Share Posted October 26, 2009 http://www.londonstockexchange.com/exchang...mentId=10247145 Fingers crossed. Link to post Share on other sites More sharing options...
dancinbear 0 Posted October 26, 2009 Share Posted October 26, 2009 Souness.........!!!! Link to post Share on other sites More sharing options...
MrHudson 0 Posted October 26, 2009 Share Posted October 26, 2009 So does this mean McCulloch is fit or not? Link to post Share on other sites More sharing options...
GOAT 30,449 Posted October 26, 2009 Share Posted October 26, 2009 so we might not a wimbledon then? Link to post Share on other sites More sharing options...
thebooler 4,509 Posted October 26, 2009 Share Posted October 26, 2009 Fuck Me! 20 posts in7 minutes!!!!!! Somethings definately going down. Link to post Share on other sites More sharing options...
Recommended Posts