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Share Transfer Agreement

5 Jun 2013 11:20

RNS Number : 3537G
Rangers Int. Football Club PLC
05 June 2013
 



Rangers International Football Club plc

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

 

Share Transfer Agreement

 

The Company announces that under an agreement entered into by Charles Green, the former CEO of the Company, with Laxey Partners Ltd ("Laxey") on 19 October 2012, Mr Green has agreed to transfer 714,285 shares owned by him to Laxey, once free to effect a transfer. Under the terms of the lock-in agreement entered into by Mr Green with the Company on 7 December 2012, Mr Green is prevented from transferring shares before 7 December 2013, without the consent of Cenkos Securities plc other than in limited circumstances such as to connected persons, a family trust or in the event of a takeover of the Company.

 

Further to the announcement on 19 April 2013, Mr Green left the Company on 31 May 2013.

 

For further information please contact:

 

Rangers International Football Club plc

Craig Mather, CEO

Brian Stockbridge, FD

Tel: 0141 580 8647

 

Cenkos Securities plc

Tel: 020 7397 8900

Stephen Keys, Adrian Hargrave, Max Hartley (Corporate Finance)

Russell Kerr (Corporate Broking)

 

Newgate Threadneedle

Tel: 020 7148 6143

Graham Herring / John Coles / Roddy Watt / Fiona Conroy

 

 

About Rangers Football Club

 

Rangers Football Club, formed in Scotland in 1872, is one of the world's most successful clubs, having won 54 League titles, 33 Scottish Cups, 27 League Cups and the European Cup Winners' Cup in 1972. The Club's loyal and sizeable supporter base, both in Scotland and around the world, enables the Club to boast one of the highest percentages of season ticket holders in the UK, with over 38,000 having been sold for the current season. Playing at the 51,082 seater Ibrox Stadium and benefitting from the world class 37 acre Murray Park training facility, the Club has been a dominant force in Scottish football for decades. This world class stadium, training infrastructure and a loyal and passionate global fanbase provide an excellent foundation for the Rangers Group.

 

Currently the Club is competing in Division 3 of the SFL, though it is the intention of the Directors and the manager for the Club to return to top level football as soon as possible. The history, facilities and ambition of the Club are such that the Club remains a desirable destination for foreign and domestic players alike. The first team squad is managed by Ally McCoist, the former Rangers forward, who remains the Club's all-time leading goal scorer.

 

For more information please visit the website: www.rangers.co.uk

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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