| EGM 18:05 - Oct 6 with 3694 views | UpTheDaleNotForSale |
Good Luck tonight to the new board, the trust, & everybody else connected with the club.
Hopefully the trust ballot is a good indicator of how all shareholders (who are actually fans) feel, & we get the right result to take a huge step forward from this whole situation.
#UpTheDaleNotForSale |  |
| Twitter : @DaleNotForSale
Facebook : facebook.com/upthedalenotforsale |
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| EGM on 18:12 - Oct 6 with 3633 views | boromat |
Here's hoping! Feels like a big moment for the club. |  |
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| EGM on 18:33 - Oct 6 with 3551 views | wozzrafc |
Ditto! Good luck to all involved | | | |
| EGM on 18:36 - Oct 6 with 3530 views | off2div1 |
Will there be a stream for the meeting anywhere |  | | |
| EGM on 18:38 - Oct 6 with 3514 views | ncfc_chalky |
Is it just the share allocation that will be discussed?
Fingers crossed for a straight forward meeting but nothing has been straight forward lately |  |
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| EGM on 18:56 - Oct 6 with 3417 views | 49thseason |
| EGM on 18:38 - Oct 6 by ncfc_chalky |
Is it just the share allocation that will be discussed?
Fingers crossed for a straight forward meeting but nothing has been straight forward lately |
They can discuss, but they can only vote on the single issue in front of them which required an EGM. |  | | |
| EGM on 18:58 - Oct 6 with 3390 views | TomRAFC |
| EGM on 18:36 - Oct 6 by off2div1 |
Will there be a stream for the meeting anywhere |
It's private to shareholders. I'm sure someone will report back.
Hopefully no one will be giving confidential details away this time. | |
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| EGM on 18:59 - Oct 6 with 3383 views | DorkingDale |
I'm wondering whether Andrew Kelly will be there as his shares are still in dispute & so hopefully still allowed to vote?! | | | |
| EGM on 19:05 - Oct 6 with 3317 views | 49thseason |
If his name in on the shareholders register he should be able to vote. If he has sold his share the register has to be updated with the name of the new owner of his shares. It doesn't seem that there have been any requests to update the register. | | | |
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| EGM on 19:13 - Oct 6 with 3235 views | kel |
| EGM on 18:58 - Oct 6 by TomRAFC |
It's private to shareholders. I'm sure someone will report back.
Hopefully no one will be giving confidential details away this time. |
You mean like someone on here who claimed he wasn’t a shareholder but then gave us a full report of the shareholders only meeting and admitting to being present?
I don’t know who you mean, sorry. |  | | |
| EGM on 19:24 - Oct 6 with 3134 views | TomRAFC |
| EGM on 19:13 - Oct 6 by kel |
You mean like someone on here who claimed he wasn’t a shareholder but then gave us a full report of the shareholders only meeting and admitting to being present?
I don’t know who you mean, sorry. |
With the issue of shares almost resolved, it may be time to look at other people holding influence too. | |
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| EGM on 20:21 - Oct 6 with 2866 views | kel |
| EGM on 19:24 - Oct 6 by TomRAFC |
With the issue of shares almost resolved, it may be time to look at other people holding influence too. |
Couldn’t agree more. It will only be the club it once was again when Bottomley’s bitches are booted right up the backside and told never to return. Even now they can’t resist opening their fat gobs to anybody that will listen. They know who they are. | | | |
| EGM on 20:36 - Oct 6 with 2744 views | mightydale |
| EGM on 20:21 - Oct 6 by kel |
Couldn’t agree more. It will only be the club it once was again when Bottomley’s bitches are booted right up the backside and told never to return. Even now they can’t resist opening their fat gobs to anybody that will listen. They know who they are. |
A Woman by any chance (if you can call her that) |  |
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| EGM on 22:31 - Oct 6 with 2257 views | seasidedale |
Great to hear the resolution has been passed, what’s to stop Matt Southall buy a chunk, surely there is a way to prevent this (sorry to be pessimistic) | | | |
| EGM on 00:10 - Oct 7 with 2055 views | Sandyman |
| EGM on 22:31 - Oct 6 by seasidedale |
Great to hear the resolution has been passed, what’s to stop Matt Southall buy a chunk, surely there is a way to prevent this (sorry to be pessimistic) |
Item 47 of the RAFC articles of association will prevent that. Safe. |  | | |
| EGM on 07:59 - Oct 7 with 1784 views | pioneer |
| EGM on 00:10 - Oct 7 by Sandyman |
Item 47 of the RAFC articles of association will prevent that. Safe. |
And what does item 47 say? | | | |
| EGM on 08:14 - Oct 7 with 1744 views | tony_roch975 |
| EGM on 07:59 - Oct 7 by pioneer |
And what does item 47 say? |
Clause 47 of The Articles uses the wording "may direct" in relation to applying pre-emption rights but without such direction "the Directors may dispose of the same in such manner as they think most beneficial to the company". Thus they are not obligated to apply these rights and (as a private company) can choose to sell shares to whomever they choose (and not to those they don't want to own shares). | |
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| EGM on 08:17 - Oct 7 with 1734 views | rafc1977 |
| EGM on 07:59 - Oct 7 by pioneer |
And what does item 47 say? |
From my very limited understanding, so I am open to be told I am wrong but I think the jist of it is the Directors can sell to who they see fit, their discretion. A couple of questions were about pre-emptive and why not, the undercurrent is clearly because that way all existing shareholders of which we know there are shysters/non Dale friendly amongst them could buy or even those who we may have thought never willing could if a stupid price per share was offered. This way the board could buy what they want themselves then handpick from the fan base those who are known dale through and through.
Simon also said that he would welcome supporters applications for shares and they will be reviewed. |  | | |
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