Rangers announce £6,750,000 share offer to fans - Rangers shares have been issued

Valley Bluenose

RTV? Completed it mate!
Looking for opinions

Is anybody planning on taking their shares outwith the tifosy platform and into their own name fully (where you need to pay £25 admin fee to get them in your name)

Im tempted to go down this route but unsure if would cause more hassle than it’s worth in the future?
I didn’t buy through Tifosy but do have shares in my own name (‘certificated’ being the term used I think). All correspondence relating to them comes through the Registrar, Link Asset Services, and I was able to register on their site and I can vote at the AGM electronically or attend in person if I choose. Works fine fir me and I have the certificate showing me as the shares owner.
 

Valley Bluenose

RTV? Completed it mate!
Does anyone know how to change address for existing shares?
Need to write or phone the Registrar, Link Group. From their FAQ:


If you have moved please let us know so we can update your personal details and keep you informed about your shareholding.

For security reasons, we cannot accept your request by email or through the 'contact us' form.

If you hold your shares in CREST you will need to contact your provider to make the changes.

Online

If you have already registered, you can login to change your address. Once logged in, click on ‘Manage your account’ at the top of the screen and then select ‘My details’ to change your address.

If you haven’t registered you can do so and update your address immediately. Go to the home screen and follow the link to ‘register an account’. You’ll need to enter your investor code, surname and postcode - enter the post code we have registered for you rather than your new details.

Phone

Call our Helpline on 0371 664 0300 and select the option to change your personal information.

To locate and help you, our Customer Service team will need to complete a security check – have your personal details ready.

Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate.

We are open Monday – Friday, 8:30am – 17:30pm excluding bank holidays in England and Wales.

Post

Write to us at the address below:

Link Group, 10th Floor, Central Square, 29 Wellington Street, Leeds LS1 4DL

Make sure that your letter includes:

· The name of the company(ies) that you hold shares in

· The name of the shareholder

· The signature of the shareholder or legal representative

· The previous and new address

You do not need to send any documentation such as the share certificate with this request. The change will be processed within 5 days.

Next steps

Once your address has been changed, you will receive an acknowledgement through the post
 

murdoch5

Active Member
I didn’t buy through Tifosy but do have shares in my own name (‘certificated’ being the term used I think). All correspondence relating to them comes through the Registrar, Link Asset Services, and I was able to register on their site and I can vote at the AGM electronically or attend in person if I choose. Works fine fir me and I have the certificate showing me as the shares owner.
Perfect , yeah certificated was the route I was thinking of going for , I’ll certainly have a look at that once tifosy have issued everything cheers!
 

Japandroid

Well-Known Member
Isn’t there a process required to actually have our share certificate sent to us? I seem to remember a post saying Tifosy hold the documents unless I request different? Never having been a shareholder ( doesn’t that sound good!) before, I definitely want my certificate in my name. :)

This is from their website:

Once you have made your investment you will be issued a Certificate of Investment and Declaration of Trust to evidence the shares you hold.

That reads to me that you get your certificate in your own name.

 

TheGaffer

Well-Known Member
Mine says.

Payment Status
Funds Received.

Due diligence status
Additional information requested

Offer Status
Application under review.

I have now uploaded a utility bill and my driving licence in addition to the original passport I uploaded.

Strange thing is under "Dashboard" it says 100% complete.

That was the exact same as mine mate and I think it’s all ok, haven’t heard otherwise
 

KGR98

Well-Known Member
Can someone more financially literate than myself care to pass comment on this snippet from the latest issue of Private Eye?

Nothing to worry about they are just wondering why we aren't on the stock exchange but Celtic are it's because we are limited company and they are a PLC
 

The Moon on Mars is Blue

Well-Known Member
Can someone more financially literate than myself care to pass comment on this snippet from the latest issue of Private Eye?

It would make the buying and selling of shares easier and the share price clearer if we were on one of the markets. There are stricter finance and reporting requirements to be on these markets which is more costly for the club to conform to. Dave King did not seem keen to be on one of these markets. From my own view while it is more costly I feel it would be better for the club long term to be on one of these markets
 

Govanx

Cool Story Bro
Does anyone know when we are informed if we have been allocated shares or not. I asked them via email and got SFA?
 

Japandroid

Well-Known Member
Nothing to worry about they are just wondering why we aren't on the stock exchange but Celtic are it's because we are limited company and they are a PLC

We are a PLC as well.

More accurate to say we have a PLC and a Limited Company, but this share issue is in the PLC.


The shares will be issued by Rangers International Football Club plc (the “Company”) and provide subscribers with the same rights as the current owners, including voting rights on a one-vote-per-share basis and the right to attend the AGM.
 

Prod Wallace

Well-Known Member
Can someone more financially literate than myself care to pass comment on this snippet from the latest issue of Private Eye?


If we have circa 4500 applications we are likely to meet our funding target in my opinion.

4500 applications at the minimum would reach circa 2.25 million.

I would be surprised if there wasn't a reasonable percentage of subscribers above the minimum.
 

RFC417

Well-Known Member
I think it will be fully subscribed, it is not in the interests of anyone involved with the club for it to fall short.

I would not be surprised if there are some familiar surnames at the £100k top limit though.
 

murdoch5

Active Member
Cheers mate. On another issue. I’m having major problems with RTV on my smart TVs. One a Panasonic the other a Samsung. I have to use silk browser as I’m on Amazon prime. RTV is great on my computer or iPhone since the whole “upgrade” but obviously I’d like to watch on tv but it buffers like crazy. Mate in Glasgow has one of those dodgy fire sticks and he said the stream was flawless, which of course pissed me off as he ain’t paying jack. Any ideas before I contact RTV?
If you have an Xbox that works also for Rangers TV quite well for me just on its browser
 

Arkanoid

Well-Known Member
It would make the buying and selling of shares easier and the share price clearer if we were on one of the markets. There are stricter finance and reporting requirements to be on these markets which is more costly for the club to conform to. Dave King did not seem keen to be on one of these markets. From my own view while it is more costly I feel it would be better for the club long term to be on one of these markets
Not when we have amazingly generous fans with ST sales and amazingly generous board members supplying favourable loans. This isn't C1872, the transparency is there with our club and our finances, and who is buying shares to sell them anyway? Not Rangers fans that's for sure. Being a PLC isn't a can of worms we need right now
 

boracay ranger

Well-Known Member
I think it will be fully subscribed, it is not in the interests of anyone involved with the club for it to fall short.

I would not be surprised if there are some familiar surnames at the £100k top limit though.
I don’t think it is a case of falling short.
The £6,75m figure was a limit not a target.
We are not allowed to offer more than €8million value of shares to the public without a full prospectus.
Most fans will have opted for £500 so if there were 5000 applicants I would expect the average to be c £1000 and the total raised to be closer to £5m which is a great result. Any fans who wanted to own a wee piece of our club were able to become shareholders.
 

baselbear

Well-Known Member
Official Ticketer
If we have circa 4500 applications we are likely to meet our funding target in my opinion.

4500 applications at the minimum would reach circa 2.25 million.

I would be surprised if there wasn't a reasonable percentage of subscribers above the minimum.
I don't share your confidence. The vast majority of those will be £500 applications. Whilst I bought multiples as would many others , I don't see the average investment rising above £750-1000 which would leave us short of the target ,even if they had more applicants in that last week. I think we will only raise 2/3rds of what we targeted.
 

rossgers

Well-Known Member
Official Ticketer
I don't share your confidence. The vast majority of those will be £500 applications. Whilst I bought multiples as would many others , I don't see the average investment rising above £750-1000 which would leave us short of the target ,even if they had more applicants in that last week. I think we will only raise 2/3rds of what we targeted.

I think a share issue in a football club raising £5m at this point in time would be an incredible achievement.
 

Wolfie

Well-Known Member
This is from their website:

Once you have made your investment you will be issued a Certificate of Investment and Declaration of Trust to evidence the shares you hold.

That reads to me that you get your certificate in your own name.

Don’t think that’s the actual share certificate. I believe Tifosi control and hold those unless you specifically ask for the share certificate to be sent to you taking them out of their umbrella control? :confused:
 
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