flyingrodent Posted March 4, 2015 Share Posted March 4, 2015 London Stock Exchange confirms Rangers NOMAD has resigned and their shares suspended. 30 days to sort it out. Cue further FT articles by astonished business journos. 0 Quote Link to comment Share on other sites More sharing options...
Kyle Posted March 4, 2015 Share Posted March 4, 2015 So...eh... what does that all mean then? Does this move stop the EGM, seeing as the shares aren't being traded?This whole thing is very confusing. 0 Quote Link to comment Share on other sites More sharing options...
flyingrodent Posted March 4, 2015 Share Posted March 4, 2015 So...eh... what does that all mean then? Does this move stop the EGM, seeing as the shares aren't being traded? This whole thing is very confusing. As best I can tell, King taking over would mean they'd need a new NOMAD. On the other hand, I think the old one traditionally stays in place to manage a handover, so I think this is the NewCo once again pursuing a bold and inventive financial strategy. 0 Quote Link to comment Share on other sites More sharing options...
Ken Fitlike Posted March 4, 2015 Share Posted March 4, 2015 (edited) London Stock Exchange confirms Rangers NOMAD has resigned and their shares suspended. 30 days to sort it out. Cue further FT articles by astonished business journos. phew! the day was passing by with no fresh disaster / lunacy / bizarre event appearing to provide the giggles. I was getting withdrawal sympthoms Edited March 4, 2015 by Ken Fitlike 0 Quote Link to comment Share on other sites More sharing options...
MuckleMoo Posted March 4, 2015 Share Posted March 4, 2015 Nomad you say.... Nomad - Devotion - (1991): 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted March 4, 2015 Share Posted March 4, 2015 I think we should stand "shoulder to shoulder" with the NOMAD. 0 Quote Link to comment Share on other sites More sharing options...
perthsaint1977 Posted March 4, 2015 Share Posted March 4, 2015 Interesting news on sky sports there. Rangers insider confirms losing 750k to a million per month and major doubts over Dave kings finances 0 Quote Link to comment Share on other sites More sharing options...
P45 Posted March 4, 2015 Share Posted March 4, 2015 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. 0 Quote Link to comment Share on other sites More sharing options...
beermonkey Posted March 4, 2015 Share Posted March 4, 2015 Interesting news on sky sports there. Rangers insider confirms losing 750k to a million per month and major doubts over Dave kings finances So he'll fit like the proverbial glove then ? 0 Quote Link to comment Share on other sites More sharing options...
Ken Fitlike Posted March 4, 2015 Share Posted March 4, 2015 could they not contact Ticketus? 0 Quote Link to comment Share on other sites More sharing options...
killingfloorman Posted March 4, 2015 Share Posted March 4, 2015 Interesting news on sky sports there. Rangers insider confirms losing 750k to a million per month and major doubts over Dave kings finances but, but, but warchest, saviour, rightful place, etc.. 0 Quote Link to comment Share on other sites More sharing options...
Drew Brees Posted March 4, 2015 Share Posted March 4, 2015 Chris McLaughlin @BBCchrismclaug #Rangers NOMAD resigns and shares are suspended. 0 Quote Link to comment Share on other sites More sharing options...
Drew Brees Posted March 4, 2015 Share Posted March 4, 2015 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. 0 Quote Link to comment Share on other sites More sharing options...
nsr Posted March 4, 2015 Share Posted March 4, 2015 The good guys are still winning though, right? 0 Quote Link to comment Share on other sites More sharing options...
Ken Fitlike Posted March 4, 2015 Share Posted March 4, 2015 The good guys are still winning though, right? Yeah. GIRFU us! 0 Quote Link to comment Share on other sites More sharing options...
Drew Brees Posted March 4, 2015 Share Posted March 4, 2015 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." 0 Quote Link to comment Share on other sites More sharing options...
shull Posted March 4, 2015 Share Posted March 4, 2015 Trying to have a seethe only to have it interrupted once again. Lol 0 Quote Link to comment Share on other sites More sharing options...
Ken Fitlike Posted March 4, 2015 Share Posted March 4, 2015 NOTICE04/03/2015 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. 0 Quote Link to comment Share on other sites More sharing options...
Romeo Posted March 4, 2015 Share Posted March 4, 2015 What the f**k is a nomad anyway? Guy who roams the desert? 0 Quote Link to comment Share on other sites More sharing options...
The Ginger Prince Posted March 4, 2015 Share Posted March 4, 2015 Tedi, No.8, you looking carefully? Spin on this 0 Quote Link to comment Share on other sites More sharing options...
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