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They didn't hold a " golden share ", they held one share to ensure proper information flows, etc. It was held in the name of T-C Sports Co.Inc. and has been sold to MM.

Thank you for the explanation.
 
Ooooh, this will please people!


"All Directors have agreed to step down immediately upon Completion save for
Malcolm Stewart-Smith, who will remain as a Non-Executive Director and
representative of T-C Sports

For T-C Sports read Teachers' Pension Fund.
 
:icon_conf

:icon_wink :icon_bigg

mavis-16_thumb.jpg
 
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harles Street Buildings (Leicester) Ltd 100,000 1.57
Karen and Peter Swann 100,000 1.57
J M McCahill Ltd 50,000 0.78
C J Upton & Sons Ltd 20,000 0.31
Timothy Bevan Davies 100,000 1.57
Pukka Pies Limited 500,000 7.84
Roger William Paltney 85,000 1.33
Anthony James Carpendale Wheeler 100,000 1.57
Martin Francis George 50,000 0.78
Alison Jenny Nettleton 25,000 0.39
Kerby & West 250,000 3.92
Clive Richard Sharpe 100,000 1.57
Peter John Lennon 35,000 0.55
Brian Raymond Maddison 110,000 1.72
Kenneth Raymond Brigstock 25,000 0.39
James Columba McCahill 200,000 3.14
Thomas Ellison Bloor 25,000 0.39
Anthony Wayne Lander 25,000 0.39
Walker McRobie 50,000 0.78
Stephen John Spencer Lee 200,000 3.14
Teresa Ann Lander 25,000 0.39
Peter William Freer 50,000 0.78
Robert Comrie Burns Craig 100,000 1.57
Vanda Alicia Craig 25,000 0.39
Martin John Page 60,000 0.94
Alan James Upton 100,000 1.57
Nicholas Charles Wilkinson 100,000 1.57
A M Widdowson & Son Ltd 250,000 3.92
Peter Eugene Hockenhull 125,000 1.96
David Wilson 150,000 2.35
Michael John Edwards 250,000 3.92
Donald Kendall 100,000 1.57
Roger Thomas Page 60,000 0.94
Hammond Grange Ltd 500,000 7.84
Leicester City Supporters Society Ltd 151,000 2.37
The Executors of Trevor Bennett 350,000 5.49
Jonathan Ray Holmes 100,000 1.57
David Peter John Ross 165,476 2.59
H W Coates Ltd 300,000 4.70
Emile Williams Heskey 50,000 0.78
Gary Lineker 100,000 1.57
Andrew Taylor 250,000 3.92
Gregory Alison Clarke 413,000 6.47
Dominic Shorthouse 100,000 1.57
6,024,476 94.44

Who didnt Sell?
 
Ooooh, this will please people!


"All Directors have agreed to step down immediately upon Completion save for
Malcolm Stewart-Smith, who will remain as a Non-Executive Director and
representative of T-C Sports, and Tony Lander. Milan Mandaric will assume the
position of Executive Chairman. Whilst Tim Davies will resign as a Director, he
will continue his role as Chief Executive Officer of the Company. The Investor
may exercise its right under the New Articles to appoint a majority of the board
of Directors as it deems appropriate for the successful running of the Company."



TD stays, in a non-exec role.

I would have thought that CEO was an exec role. The clue may be in the job title.
 
47p per share. As i have said before 10p my arse. with another 40p if promoted in next three years. 10p if we are not.

The way I read it the shareholders are only guaranteed 10p per share - and they might not even get that for a few years. But if we get promoted they could get additional money.
The 47p is what MM is putting into the club as investment in new shares, not money that's going to shareholders.
 
The way I read it the shareholders are only guaranteed 10p per share - and they might not even get that for a few years. But if we get promoted they could get additional money.
The 47p is what MM is putting into the club as investment in new shares, not money that's going to shareholders.

But surely that was what was important, not what the shareholders recieve but what MM is prepared to invest directly into the club.
 
But surely that was what was important, not what the shareholders recieve but what MM is prepared to invest directly into the club.

You are right. Some of us who were among the sceptics early on were making that point - looking at how he has apparently operated in the past I for one was very concerned that he would not make any direct equity investment. Having seen the terms of the deal I am happy to have been proved wrong on that point.
 
You are right. Some of us who were among the sceptics early on were making that point - looking at how he has apparently operated in the past I for one was very concerned that he would not make any direct equity investment. Having seen the terms of the deal I am happy to have been proved wrong on that point.
:038:
 
You are right. Some of us who were among the sceptics early on were making that point - looking at how he has apparently operated in the past I for one was very concerned that he would not make any direct equity investment. Having seen the terms of the deal I am happy to have been proved wrong on that point.

Spot on OG, top post :038:
 
You are right. Some of us who were among the sceptics early on were making that point - looking at how he has apparently operated in the past I for one was very concerned that he would not make any direct equity investment. Having seen the terms of the deal I am happy to have been proved wrong on that point.

Moi aussi - however, to correct the Mercury once again, it's a total of £9 million, not the sodding £25 million they keep harping on about - however they are probably not capable of reading the bid document.
 
Moi aussi - however, to correct the Mercury once again, it's a total of £9 million, not the sodding £25 million they keep harping on about - however they are probably not capable of reading the bid document.

£9m was my forecast some weeks back (it was pretty obvious to most I would guess). Similar to OG I am pleasantly surprised that it is his own money and not a loan - good on him.

I am excited about the future again now.
 
£9m was my forecast some weeks back (it was pretty obvious to most I would guess). Similar to OG I am pleasantly surprised that it is his own money and not a loan - good on him.

I am excited about the future again now.

Me too to a certain extent - I just hope people don't get carried away, £9 million will not guarantee success, but hopfully MM's contacts and football nouse that have been a big plus for those who support him will come in to play.
 
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