CLUB 1872 will vote in favour of all eight Resolutions at the Rangers AGM on Tuesday.
The Ibrox board will stage a virtual meeting at noon tomorrow as Douglas Park chairs the shareholder gathering for the first time since succeeding Dave King.
Club 1872 have agreed a deal with King that will see them purchase his major shareholding in RIFC plc if members can raise the £13million asking price over the next three years.
The fan organisation are currently the sixth largest shareholders at Ibrox and they will vote to pass each Resolution following a member poll in recent days.
A statement read: “All the shares held by Club 1872 Shares CIC and Club 1872 Projects CIC will now be voted in accordance with members' wishes.
"We would like to take this opportunity to thank all our members for their ongoing support."
Club 1872 members poll votes:
1. That the Company’s audited Financial Statements, the Directors’ Report and the Strategic Report for the financial year ended 30 June 2020 together with the Auditor’s Report be received and adopted.
For – 97%
Against – 0.08%
Abstain – 2.92%
2. To reappoint Douglas Park as a Director of the Company.
For – 99%
Against – 0.31%
Abstain – 0.69%
3. To reappoint Julian Wolhardt as a Director of the Company.
For – 94.92%
Against – 1.31%
Abstain – 3.77%
4. To reappoint Barry Scott as a Director of the Company.
For – 95.31%
Against – 1.08%
Abstain – 3.62%
5. To reappoint Azets Audit Services as the Auditors of the Company to hold office until the conclusion of the next AGM.
For – 92.31%
Against – 0.85%
Abstain – 6.85%
6. To authorise the Directors to determine the remuneration of its Auditors.
For – 95.23%
Against – 0.46%
Abstain – 4.31%
7. To authorise the Directors to allot equity securities on the basis set out in the Notice.
For – 94.15%
Against – 0.92%
Abstain – 4.92%
8. To authorise the Directors to dis-apply pre-emption rights in respect of relevant securities allotted pursuant to Resolution 7 on the basis set out in the Notice.
For – 90.15%
Against – 0.77%
Abstain – 9.08
Why are you making commenting on The National only available to subscribers?
We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. We’ve got the most informed readers in Scotland, asking each other the big questions about the future of our country.
Unfortunately, though, these important debates are being spoiled by a vocal minority of trolls who aren’t really interested in the issues, try to derail the conversations, register under fake names, and post vile abuse.
So that’s why we’ve decided to make the ability to comment only available to our paying subscribers. That way, all the trolls who post abuse on our website will have to pay if they want to join the debate – and risk a permanent ban from the account that they subscribe with.
The conversation will go back to what it should be about – people who care passionately about the issues, but disagree constructively on what we should do about them. Let’s get that debate started!
Callum Baird, Editor of The National
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel