| Trust EGM update 11:50 - Apr 16 with 33607 views | electricblue |
We'd just like to provide an update to Trust members following our announcement earlier in the week that we intended to call for an EGM. We have delivered a letter to the club this morning where we have formally called for that EGM.
In the past 48 hours, we have been in contact with a number of shareholders, and we were delighted that we had a total of 54 unique shareholders backing our call for an EGM which equated to around 25% of the total shareholding.
A massive thank you to all supporters for their backing over this. We will update you once we have a date for the meeting.
I wonder that out of the other 75% of shareholders with also vote for an EGM..
With what the yanks said about the club i think they just might..
[Post edited 16 Apr 2021 11:59]
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| My all time favourite Dale player Mr Lyndon Symmonds |
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| Trust EGM update on 22:49 - Apr 16 with 2503 views | D_Alien |
| Trust EGM update on 22:30 - Apr 16 by 49thseason |
I think they would appoint a representative who would vote per the instructions of the committee which is tasked with looking after the interests of the members . I guess if they had time, they could hold some sort of members vote to reach a conclusion on the intended EGM proposal so that they could be sure they had the backing of their membership prior to the EGM. But the EGM is a shareholders meeting and only people holding shares in their own name or on behalf of a shareholder can vote. So I guess effectively the representative is a proxy voter for the Trust. The other shareholders who have backed the trusts proposal can vote in their own right or can proxy their shares to the Trust.
Remember their is only the single proposal on the EGM agenda so the person selected to be the proxy voter doesn't have any wriggle room to do anything other than vote (in the cast of the Trust) for the proposal. Proxy voters also need to inform the club who will be representing them at the meeting I think. |
Thanks for this
So effectively, it's simply a case of a Trust representative casting a vote (as determined by its members) rather than having to advance any points or make any decisions on behalf of the membership during the course of the meeting
If the Trust's EGM proposal is carried, how would matters proceed from there? Is it up to the current Dale board to fall on their swords with immediate effect, and who would be providing leadership of the club in the interim until a new board can be appointed?
If the Trust's proposal fails, is that the end of the matter; at least for the foreseeable?
As others have said, having some clarity around these matters for us laymen is very helpful, so any further insights are appreciated
Edit: that might include "it depends on..."
[Post edited 16 Apr 2021 22:52]
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| Trust EGM update on 12:05 - Apr 17 with 2193 views | 442Dale |
Bottomley is on Radio Mcr in the next half hour. |  |
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| Trust EGM update on 12:16 - Apr 17 with 2151 views | EllDale |
Live from Grimsby v Bolton? |  | | |
| Trust EGM update on 12:20 - Apr 17 with 2133 views | funkkk |
| Trust EGM update on 12:05 - Apr 17 by 442Dale |
Bottomley is on Radio Mcr in the next half hour. |
He’s assuming the Americans issues relate to the ‘confusion’ over BBM’s contract. |  | | |
| Trust EGM update on 12:24 - Apr 17 with 2119 views | James1980 |
| Trust EGM update on 12:20 - Apr 17 by funkkk |
He’s assuming the Americans issues relate to the ‘confusion’ over BBM’s contract. |
Be good if Dan and Emre could make a further comment and explain what the issues are we can all guess but only they can tell us what they actually are. | |
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| Trust EGM update on 12:25 - Apr 17 with 2116 views | IOMDale |
| Trust EGM update on 12:20 - Apr 17 by funkkk |
He’s assuming the Americans issues relate to the ‘confusion’ over BBM’s contract. |
‘Assuming’? Dialogue between the Americans and the board was obviously brilliant then. |  | | |
| Trust EGM update on 12:29 - Apr 17 with 2093 views | judd |
| Trust EGM update on 12:20 - Apr 17 by funkkk |
He’s assuming the Americans issues relate to the ‘confusion’ over BBM’s contract. |
How could the Americans know if the required serious internal issues have been addressed if they did not make the board know what these issues are?
Why were the concerns of a couple of significant share holders not identified ?
So the Speakmans are not potential investors. Why not speak to them during normal hours about what it is they are "offering"?
Didn't acknowledge specifically the Trust EGM request, rather seemed to focus on the delayed AGM from 25th April last year.
Wonderful spirit in the squad - you won't get better anywhere else. |  |
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| Trust EGM update on 12:31 - Apr 17 with 2070 views | 442Dale |
Steve Parkin was not Rochdale manager in 1996. | |
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| Trust EGM update on 12:35 - Apr 17 with 2038 views | TVOS1907 |
| Trust EGM update on 12:29 - Apr 17 by judd |
How could the Americans know if the required serious internal issues have been addressed if they did not make the board know what these issues are?
Why were the concerns of a couple of significant share holders not identified ?
So the Speakmans are not potential investors. Why not speak to them during normal hours about what it is they are "offering"?
Didn't acknowledge specifically the Trust EGM request, rather seemed to focus on the delayed AGM from 25th April last year.
Wonderful spirit in the squad - you won't get better anywhere else. |
Apart from the 22 teams above Swindon! |  |
| When I was your age, I used to enjoy the odd game of tennis. Or was it golf? |
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| Trust EGM update on 12:40 - Apr 17 with 2010 views | 442Dale |
If the Speakmans were at Tuesday’s game as being invited, can someone clarify why they are not able to invite supporters to make up the ten allowed? | |
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| Trust EGM update on 12:46 - Apr 17 with 1991 views | judd |
| Trust EGM update on 12:40 - Apr 17 by 442Dale |
If the Speakmans were at Tuesday’s game as being invited, can someone clarify why they are not able to invite supporters to make up the ten allowed? |
Because we don't have any other z list celebrities to fawn over.
Just what - exactly - have they "offered" the club? | |
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| Trust EGM update on 12:55 - Apr 17 with 1958 views | IOMDale |
| Trust EGM update on 12:46 - Apr 17 by judd |
Because we don't have any other z list celebrities to fawn over.
Just what - exactly - have they "offered" the club? |
An especially pertinent question when the squad already work with a professional psychologist. | | | |
| Trust EGM update on 12:58 - Apr 17 with 1946 views | judd |
| Trust EGM update on 12:55 - Apr 17 by IOMDale |
An especially pertinent question when the squad already work with a professional psychologist. |
Do they?
Like the professional HR manager? | |
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| Trust EGM update on 13:05 - Apr 17 with 1916 views | IOMDale |
| Trust EGM update on 12:58 - Apr 17 by judd |
Do they?
Like the professional HR manager? |
In terms of it being outsourced?
He’s not permanently based at Spotland, if that’s what you mean. | | | |
| Trust EGM update on 13:11 - Apr 17 with 1883 views | judd |
| Trust EGM update on 13:05 - Apr 17 by IOMDale |
In terms of it being outsourced?
He’s not permanently based at Spotland, if that’s what you mean. |
I don't think either of them are, in any shape or form | |
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| Trust EGM update on 13:13 - Apr 17 with 1876 views | IOMDale |
| Trust EGM update on 13:11 - Apr 17 by judd |
I don't think either of them are, in any shape or form |
Still, we’re keeping up appearances.
That’s what counts, right? | | | |
| Trust EGM update on 13:16 - Apr 17 with 1866 views | judd |
| Trust EGM update on 13:13 - Apr 17 by IOMDale |
Still, we’re keeping up appearances.
That’s what counts, right? |
Exactly | |
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| Trust EGM update on 13:22 - Apr 17 with 1845 views | 442Dale |
Couldn’t believe so much time was spent talking about a training ground which is an issue that has existed for years, and one which has had little or no impact on our progression as a club.
It is almost irrelevant when we are focusing on the here and now. | |
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| Trust EGM update on 13:28 - Apr 17 with 1828 views | D_Alien |
| Trust EGM update on 13:22 - Apr 17 by 442Dale |
Couldn’t believe so much time was spent talking about a training ground which is an issue that has existed for years, and one which has had little or no impact on our progression as a club.
It is almost irrelevant when we are focusing on the here and now. |
When there's trouble at home, poor leaders try to distract with talk about foreign fields | |
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| Trust EGM update on 13:29 - Apr 17 with 1818 views | judd |
| Trust EGM update on 13:22 - Apr 17 by 442Dale |
Couldn’t believe so much time was spent talking about a training ground which is an issue that has existed for years, and one which has had little or no impact on our progression as a club.
It is almost irrelevant when we are focusing on the here and now. |
Absolutely. | |
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| Trust EGM update on 13:33 - Apr 17 with 1783 views | 442Dale |
| Trust EGM update on 13:28 - Apr 17 by D_Alien |
When there's trouble at home, poor leaders try to distract with talk about foreign fields |
The nation has spent the last year listening to press conferences, interviews and statements which are full of such tactics to the point that it’s not even hard to pick out those which are used to distract or not address the obvious.
Do those doing it really think they’re being clever? | |
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| Trust EGM update on 13:36 - Apr 17 with 1763 views | judd |
| Trust EGM update on 13:33 - Apr 17 by 442Dale |
The nation has spent the last year listening to press conferences, interviews and statements which are full of such tactics to the point that it’s not even hard to pick out those which are used to distract or not address the obvious.
Do those doing it really think they’re being clever? |
Yes, and that you are thick.
They may have a point | |
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| Trust EGM update on 13:37 - Apr 17 with 1759 views | DaleiLama |
| Trust EGM update on 13:33 - Apr 17 by 442Dale |
The nation has spent the last year listening to press conferences, interviews and statements which are full of such tactics to the point that it’s not even hard to pick out those which are used to distract or not address the obvious.
Do those doing it really think they’re being clever? |
No, they are usually fresh out of ideas and hope that if they throw up enough smoke, eventually the questions and those asking will go away. Doesn't stop them looking like idiots though |  |
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| Trust EGM update on 13:38 - Apr 17 with 1750 views | 442Dale |
| Trust EGM update on 13:36 - Apr 17 by judd |
Yes, and that you are thick.
They may have a point |
I most certainly am. | |
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