Extraordinary General Meeting Voting

RNS Number : 4515G

Rangers Int. Football Club PLC

03 March 2015

 



03 March 2015

Rangers International Football Club plc

("Rangers" the "Club" or the "Company")

Extraordinary General Meeting Voting

The Board of Rangers notes the Press Release from David King issued today.  Proxy voting closes tomorrow morning at 10am, and at the current time a significant number of shares have not yet voted; the outcome cannot therefore be determined with certainty. The position of the proxy voting will not be announced ahead of the meeting for regulatory reasons, and in any event shareholders have the right to revoke their proxy vote by attendance in person at the general meeting.

The Directors believe that they have at all times sought to act in the best interests of Rangers for the benefit of its shareholders as a whole and refute in the strongest possible terms any suggestion that this is not the case and in particular any suggestion that they have given their personal interests priority over those of the Company.

By remaining in post the directors wish to give the Company and possible incoming directors (should the Board change) the best possible chance of complying with the AIM rules and of avoiding the risk highlighted in the circular of 06 February 2015 of the Company's shares being suspended. There can be no guarantee of avoiding suspension.

The Board have reached out to David King in recent days to seek a resolution in the best interests of the Club but regrettably this has not yet proved possible. If control of the board of directors of the Company changes as a result of the general meeting the directors pledge that they will do their utmost to work with the new board in the interests of Rangers Football Club, as they have done and continue to do.

For further information please contact:

Rangers International Football Club plc	Tel: [phone]
Derek Llambias
WH Ireland Limited	Tel: [phone]
Adrian Hadden / Paul Shackleton
Newgate	Tel: [phone]
Roddy Watt / Ed Treadwell

 

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