22 Dec 2014 14:15
22 December 2014
Rangers International Football Club plc
("Rangers", "RIFC" or the "Company")
Result of AGM
The Company announces the results of the voting by poll on the resolutions put to its Annual General Meeting held at 10:30am on Tuesday 22 December 2014 at Ibrox Stadium, 150 Edmiston Drive, Glasgow G51 2XD.
Resolutions 1, 2, and 4-8 were successfully passed. Resolution 3 was not voted upon. Resolution 9 did not achieve sufficient votes to be passed.
The Board is disappointed that Resolution 9 was not passed as it limits its options for future funding.
Resolution | VOTESFOR | % | VOTESAGAINST | % | VOTESTOTAL | % of ISC VOTED | VOTESWITHHELD |
1. To receive and adopt the audited accounts | 54,691,424 | 98.39 | 893,610 | 1.61 | 55,585,034 | 68.22% | 8,189,576 |
2. To re-appoint David Somers | 39,113,381 | 61.41 | 24,580,043 | 38.59 | 63,693,424 | 78.17% | 98,721 |
3. To re-appoint Norman Crighton | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
4. To re-appoint James Easdale | 52,021,620 | 88.93 | 6,476,649 | 11.07 | 58,498,269 | 71.80% | 5,285,622 |
5. To re-appoint Derek Llambias | 52,762,462 | 90.20 | 5,733,503 | 9.80 | 58,495,965 | 71.79% | 5,308,054 |
6. To re-appoint Deloitte LLP as auditors | 62,942,911 | 98.81 | 757,557 | 1.19 | 63,700,468 | 78.18% | 97,838 |
7.To authorise the Directors to determine the remuneration of the auditors | 55,321,511 | 86.87 | 8,362,457 | 13.13 | 63,683,968 | 78.16% | 121,750 |
8.To renew the Directors authority to Allot Securities | 60,435,357 | 96.39 | 2,266,103 | 3.61 | 62,701,460 | 76.95% | 1,102,608 |
9.To enable the Directors' authority for the disapplication of pre-emption rights | 28,573,754 | 44.84 | 35,146,469 | 55.16 | 63,720,223 | 78.21% | 78,628 |
The number of Ordinary Shares of 1p each in issue on 21 December 2014 at 6pm (excluding shares held in Treasury - Nil) was 81,478,201. Shareholders are entitled to one vote per share. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes validly cast.
For further information please contact:
Rangers International Football Club | Tel: 0141 580 8647 |
David Somers / Derek Llambias | |
WH Ireland Limited | Tel: 020 7220 1666 |
Adrian Hadden / Paul Shackleton | |
Newgate Threadneedle | Tel: 020 7148 6143 |
Roddy Watt / John Coles |