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Big Rangers Administration/Liquidation Thread - All chat here!


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Interesting news on sky sports there. Rangers insider confirms losing 750k to a million per month and major doubts over Dave kings finances

Sky would say that. They are one of Rangers's enemies.

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NOTICE

04/03/2015 4:00 pm

TEMPORARY SUSPENSION OF TRADING ON AIM

RANGERS INTERNATIONAL FOOTBALL CLUB PLC

Trading on AIM for the under-mentioned securities has been temporarily suspended from 04/03/2015 4:00pm, pursuant to AIM Rule 1.

Ordinary shares of 1p each, fully paid (B90T9Z7) (GB00B90T9Z75)

If you have any queries relating to the above, please contact Rangers International Football Club plc on 0141 580 8647.

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http://www.bbc.co.uk/sport/0/football/31735778

Rangers share trading suspended as Stock Exchange advisor resigns

Shares in Rangers International Football Club plc have been suspended by the AIM market, the Glasgow outfit have told the Stock Exchange.

It follows the resignation of the club's nominated advisor, WH Ireland, ahead of Friday's extraordinary meeting at the Scottish Championship club.

Shareholder Dave King, who is poised to take control on Friday, had planned to change the nomad on taking control.

RIFC has a month to find a new nomad under Stock Exchange rules.

If it fails to do so, it would be withdrawn from the AIM market.

"The company has been informed that its nominated adviser does not believe that it can satisfy the London Stock Exchange in relation to its nomad obligations in respect of the appropriateness of the company's securities to be admitted to AIM," said the RIFC statement.

"If the company is not able to restore trading within one month, admission of the company's securities to AIM will be cancelled.

"If requested during the suspension period, WH Ireland is willing to assist the company to implement the necessary changes for WH Ireland or another nomad to become satisfied as to the company's appropriateness for AIM.

"If a nominated adviser is appointed, it may apply to the London Stock Exchange on behalf of the company for trading to be restored.

"The directors are disappointed that this event has had to take place despite the considerable efforts they have made over the last few weeks and months against the backdrop of the general meeting requisition and wish also to record their appreciation to their outgoing nomad for all it has done for the club."

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NOTICE

04/03/2015 4:00 pm

TEMPORARY SUSPENSION OF TRADING ON AIM

RANGERS INTERNATIONAL FOOTBALL CLUB PLC

Trading on AIM for the under-mentioned securities has been temporarily suspended from 04/03/2015 4:00pm, pursuant to AIM Rule 1.

Ordinary shares of 1p each, fully paid (B90T9Z7) (GB00B90T9Z75)

If you have any queries relating to the above, please contact Rangers International Football Club plc on 0141 580 8647.

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http://www.bbc.co.uk/sport/0/football/31735778

Rangers share trading suspended as Stock Exchange advisor resigns

Shares in Rangers International Football Club plc have been suspended by the AIM market, the Glasgow outfit have told the Stock Exchange.

It follows the resignation of the club's nominated advisor, WH Ireland, ahead of Friday's extraordinary meeting at the Scottish Championship club.

Shareholder Dave King, who is poised to take control on Friday, had planned to change the nomad on taking control.

RIFC has a month to find a new nomad under Stock Exchange rules.

If it fails to do so, it would be withdrawn from the AIM market.

"The company has been informed that its nominated adviser does not believe that it can satisfy the London Stock Exchange in relation to its nomad obligations in respect of the appropriateness of the company's securities to be admitted to AIM," said the RIFC statement.

"If the company is not able to restore trading within one month, admission of the company's securities to AIM will be cancelled.

"If requested during the suspension period, WH Ireland is willing to assist the company to implement the necessary changes for WH Ireland or another nomad to become satisfied as to the company's appropriateness for AIM.

"If a nominated adviser is appointed, it may apply to the London Stock Exchange on behalf of the company for trading to be restored.

"The directors are disappointed that this event has had to take place despite the considerable efforts they have made over the last few weeks and months against the backdrop of the general meeting requisition and wish also to record their appreciation to their outgoing nomad for all it has done for the club."

Surely that would be the "company" ?

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What the f**k is a nomad anyway?

Guy who roams the desert?

Nominated Adviser

King says he has a replacement ready so it'll be interesting to see which NOMAD is willing to stake their credibilty backing Glib & Shameless.
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What the f**k is a nomad anyway?

Guy who roams the desert?

The warlike peoples led by Attila would be an example. Surprised The Rangers are struggling to find one, tbh.

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