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New Information Released About Share Issue


TheFarmer

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Yeah but half of those are just sad tarriers signing up.

You never know they are so stupid they may follow it through.

Of course not all pledges will result in a purchase of shares; but still good to know we have £20M in institutional investors and £20M in pledges from our fans.

£30M would be a great result IMO.

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Thought Charlie wouldn't have any shares until after the issue, which still could be the case, the holding company maybe set up to protect the club, as in protect the history assets etc as has been done with others.

The potential investment looks to be good news, wonder if we'll have a club statement shortly then.

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Looking at the figures provided, I have collated the current shareholdings as follows

Charles Green 5,000,200 14.96% £3,500,140.00

Blue Pitch Holding 4,000,000 11.97% £2,800,000.00

Mike Ashley 3,000,000 8.98% £2,100,000.00

Margarita Funds Holding Trust 2,600,000 7.78% £1,820,000.00

Richard Hughes 2,200,000 6.58% £1,540,000.00

Imran Ahmad 2,200,000 6.58% £1,540,000.00

Craig Mather 1,800,000 5.39% £1,260,000.00

Norne Anstalt 1,200,000 3.59% £840,000.00

Not Declared 11,423,597 34.18% £7,996,517.75

Total 33,423,797 100.00% £23,396,657.75

5

What is interesting to me is that 34% of all shares have not been specified as being owned by any particular person in the AIM release.

The shareholding after the AIM listing (presuming no public offering is as follows)

Charles Green 5,000,200 8.67% £3,500,140.00

Hargreave Hale Limited 4,949,000 8.58% £3,464,300.00

Artemis Investment Management LLP 4,286,000 7.43% £3,000,200.00

Blue Pitch Holding 4,000,000 6.94% £2,800,000.00

Mike Ashley 3,000,000 5.20% £2,100,000.00

Margarita Funds Holding Trust 2,600,000 4.51% £1,820,000.00

Cazenove Capital Management Limited 2,450,000 4.25% £1,715,000.00

Richard Hughes 2,200,000 3.81% £1,540,000.00

Imran Ahmad 2,200,000 3.81% £1,540,000.00

Legal & General Investment Management Limited 2,000,000 3.47% £1,400,000.00

Insight Investment Management (Global) Limited 1,900,000 3.29% £1,330,000.00

Craig Mather 1,800,000 1,800,000 3.12% £1,260,000.00

Not Declared 21,287,234 36.91% £14,901,063.58

Total 57,672,434 100.00% £40,370,703.58

The undeclared percentage has now increased to 37%, and it appears Norne Anstalt has sold his/her shareholding.

So it looks as though so far £17m has been raised from institutional investors before any public offering is made to the fans. So really good news

If fans take up £10m in shares then rangers will be valued at £50m.

On a side note, I think these figures just go to show the the RST fan ownership scheme is unlikely to ever get a sizeable shareholding % of the club

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Basically the shares are not actually a direct part of the club but shares in thee company running rangers. Im I reading that right.

If that's the case my £1000 is staying in my bank.

Also if Ashley gets his way they can say goodbye to my £300 season ticket too.

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It's pennies compared to some remuneration packages

hes also getting a wage that he said himself was less than martin bain was receiving when at the club. Altogether with his shares a very tidy sum for his time, lets hope he continues to be worth the money and takes the club as high as he can.

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Excuse my ignorance but what exactly is an 'Institutional Investor'?

Institutional investors are organizations which pool large sums of money and invest those sums in investment assets. They can also include operating companies which decide to invest their profits to some degree in these types of assets.

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