Nicika Jelavic 7 Posted February 4, 2011 Share Posted February 4, 2011 http://news.bbc.co.uk/sport1/hi/football/teams/r/rangers/9388150.stm Here's the article btw, no one seems to have posted it yet. Link to post Share on other sites More sharing options...
JM1872 3,694 Posted February 4, 2011 Share Posted February 4, 2011 According to the London Stock Exchange MIH (SDM ) has sold 85% of his shares some 93 million shares with voting rights. The purchaser is Metlika Trading owned by Dave King. There is nothing on the RFC website as yet, but there will be if such a significant amount of shares have been sold. I think in short we have been sold, just exactly to I'm not sure. are 100% certain that that amount of shares have been sold ? Link to post Share on other sites More sharing options...
JM1872 3,694 Posted February 4, 2011 Share Posted February 4, 2011 http://news.bbc.co.u...ers/9388150.stm Here's the article btw, no one seems to have posted it yet. Its in about 4 different threads mate Link to post Share on other sites More sharing options...
bluenose48 950 Posted February 4, 2011 Share Posted February 4, 2011 are 100% certain that that amount of shares have been sold ? on the London Stock Exchange website, has the forms and all filled in quoting number of shares sold by MIH. Link to post Share on other sites More sharing options...
JM1872 3,694 Posted February 4, 2011 Share Posted February 4, 2011 on the London Stock Exchange website, has the forms and all filled in quoting number of shares sold by MIH.Well, that is extremely interesting! Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted February 4, 2011 Share Posted February 4, 2011 on the London Stock Exchange website, has the forms and all filled in quoting number of shares sold by MIH.You may want to reconsider your extravagant claims, mate. Link to post Share on other sites More sharing options...
JM1872 3,694 Posted February 4, 2011 Share Posted February 4, 2011 You may want to reconsider your extravagant claims, mate. I was thinking that myself..Class of relevant security: Ordinary shares of GBP0.10 each Interests Short positions ------------------------ ------------------ Number % Number % ------------- --------- ------------- --- (1) Relevant securities owned and/or controlled: 93,134,454 85.6082 N/A ------------- --------- ------------- --- (2) Derivatives (other than options): N/A N/A ------------- --------- ------------- --- (3) Options and agreements to purchase/sell: N/A N/A ------------- --------- ------------- --- TOTAL: 93,134,454 85.6082 N/A ------------- --------- ------------- --- There are no options to sell or purchase any shares, no mention of Dave King's business anywhere Link to post Share on other sites More sharing options...
Gerwelly 115 Posted February 4, 2011 Share Posted February 4, 2011 OMFG HERE WE GO AGAIN BUT AGAIN HERE'S HOPING Link to post Share on other sites More sharing options...
markybear 136 Posted February 4, 2011 Share Posted February 4, 2011 http://news.bbc.co.uk/sport1/hi/football/teams/r/rangers/9388150.stm Here's the article btw, no one seems to have posted it yet. That's quite interesting.Is it cheaper for someone to buy a business bit by bit or in one swoop. IF (and its a big IF) king is wanting to buy RFC completely over a period of time then he must have some angle for doing soWho knows Link to post Share on other sites More sharing options...
bluegecko 306 Posted February 4, 2011 Share Posted February 4, 2011 on the London Stock Exchange website, has the forms and all filled in quoting number of shares sold by MIH.You had my hopes up there Link to post Share on other sites More sharing options...
BLUEDIGNITY 33,610 Posted February 4, 2011 Share Posted February 4, 2011 World War II plane found on moon. Link to post Share on other sites More sharing options...
ELNick 0 Posted February 4, 2011 Share Posted February 4, 2011 All will become clear in 48 hours Link to post Share on other sites More sharing options...
JM1872 3,694 Posted February 4, 2011 Share Posted February 4, 2011 So to conclude, SDM has sold the majority of his shares to MIH, who have then sold £6m+ to Dave King's company.. Maybe Dave King and Craig Whyte are fronting an ownership similar to Liverpools last one with Hicks and Gillet Link to post Share on other sites More sharing options...
bluenose48 950 Posted February 4, 2011 Share Posted February 4, 2011 I don't know how to cut and paste from the stock exchange site but it states on form 8.3 Metlika trading - Rangers football club purchase of shares.However on another post on this subject BOSS who appears to have a better understanding of these transactions says there has been a movement of shares from MIH into another part of that group. Also Metlika have been involved in share movement. This may only be a first move in the sale of the club and the buyer is as yet unknown and Dave King AKA Metlika Trading may only have been formalising his shares in consequence of an impending sale. Link to post Share on other sites More sharing options...
Guest Posted February 4, 2011 Share Posted February 4, 2011 Perhaps king getting more shares will force Whytes hand as he doesnt want to lose out on even more shares. Hopefully he will act quicker. Link to post Share on other sites More sharing options...
BLUEDIGNITY 33,610 Posted February 4, 2011 Share Posted February 4, 2011 I jist hope it come tae fruition because I am gettin mighty pissed aff at the lack of information from anybody at the Club. We deserve better on and off the field. But on the whole WATP Link to post Share on other sites More sharing options...
ELNick 0 Posted February 5, 2011 Share Posted February 5, 2011 I hope it's true but this bears hopes been dashed too many times.Until it's signed sealed nd delivered I'll be keeping my powder dry Link to post Share on other sites More sharing options...
Gerwelly 115 Posted February 5, 2011 Share Posted February 5, 2011 I don't know whether to or Link to post Share on other sites More sharing options...
DarcheVinny 1,003 Posted February 5, 2011 Share Posted February 5, 2011 takeover shmakeover Link to post Share on other sites More sharing options...
RichieKT 0 Posted February 5, 2011 Share Posted February 5, 2011 Finance man's opinion:Dave King didn't own his shareholding directly but via a shareholding in Murray Sports which owned 37m shares. The annual report says this is worth 3m shares.It appears that the Murray Sports holding has been transferred into MIH which has then sold/given 6.6m shares to persons outside the Murray Group taking that holding down to 85%.I've not seen anything official which says who gets those shares but presumably it's the non-Murray holders of Murray Sports. I now see King's company has 5.7m of them.What does it mean? Well it would make a takeover easier, as previously a buyer would need to buy Murray Sports - a company with liabilities to the Murray Group. This transaction separates those shares out. Buying Murray's remaining 85% is now a cleaner exercise, and the holder(s) of the 6.6m shares can do what they wish.A takeover would now be easier, but need not be any closer or more real.took from follow follow Link to post Share on other sites More sharing options...
lancedeangers1 287 Posted February 5, 2011 Share Posted February 5, 2011 I think the silence by those supposedly being linked with the takeover could be the biggest indicator in all of this.Serious interested and respectable businessmen conduct their affairs without the need of a constant spotlight on their every move.Naturally this movement will give rise to a lot of conjecture, however maybe just maybe theres a glimmer of hope that this great club can at last be free of the merciless shackles of SDM and Lloyds Bank. Link to post Share on other sites More sharing options...
H72 265 Posted February 5, 2011 Share Posted February 5, 2011 took from follow followThanks for that. You've been a great help. Link to post Share on other sites More sharing options...
JM1872 3,694 Posted February 5, 2011 Share Posted February 5, 2011 We'll see what the papers make it tomorrow, if they make anything of it. To me, its definietly a step in the right direction. Murray could be clearing things up for sale. If/When it does happen, I sincerely hope he makes the point clear.. "Don't make as much mess as I did". Link to post Share on other sites More sharing options...
PaulRFC1 115 Posted February 5, 2011 Share Posted February 5, 2011 We'll see what the papers make it tomorrow, if they make anything of it. To me, its definietly a step in the right direction. Murray could be clearing things up for sale. If/When it does happen, I sincerely hope he makes the point clear.. "Don't make as much mess as I did".The papers wont make anything of it.Im sure because we have some good news at last we will see an article about our supposed tax bill rising to 300million now. Link to post Share on other sites More sharing options...
JM1872 3,694 Posted February 5, 2011 Share Posted February 5, 2011 The papers wont make anything of it.Im sure because we have some good news at last we will see an article about our supposed tax bill rising to 300million now. Probably of Phil McGobblegiver will come out with its a lot of shite, murrays expecting administration or some shite like he usually does. You can be guaranteed someone will pick up on it Link to post Share on other sites More sharing options...
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