Current Shareholding of club 1872

[Gio#56]

Are we still the 2nd biggest shareholder.

Conflicting information on the site.

Shares - Club 1872Club 1872

One of the central aims of Club 1872 is to ensure that we hold a large enough shareholding in Rangers to guarantee that any major decisions about Rangers have to be approved by supporters. Club 1872 already holds over 5% of the shares in RIFC PLC making us the 8th largest shareholder. We now aim...

club1872.co.uk

Can anyone confirm?

 

[Porto Loyal]

I think the text needs updated since the cash for equity conversions

 

[Valley Bluenose]

I think the text needs updated since the cash for equity conversions

This. It’s the text that is incorrect. Their % holding had dropped considerably in the last 6 months due to share issues/debt for equity swaps and could drop even further. Is there not another share issue this month?

I didn’t think it had dropped as low as 5% though.

 

[Gio#56]

This. It’s the text that is incorrect. Their % holding had dropped considerably in the last 6 months due to share issues/debt for equity swaps and could drop even further. Is there not another share issue this month?

I didn’t think it had dropped as low as 5% though.

We were once at 10% I'm sure which was a significant milestone.

 

[Porto Loyal]

We were once at 10% I'm sure which was a significant milestone.

It prevents a compulsory purchase of all shares