The Trust are launching a fund raising programme to help out with the club's funding
The page to express an interest, https://www.protectourrobins.com/" onclick="window.open(this.href);return false;
Protect Our Robins
Moderators: Admin, Ralph, asl, Robin
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Hubert Parry
- Posts: 2443
- Joined: 22 Jul 2011, 09:09
A great initiative and a very enjoyable forum.
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RegencyCheltenhamSpa
- Posts: 29851
- Joined: 21 Nov 2009, 03:27
Great stuff. Well done Trust.
One question, as more shares are purchased by the Trust, are other shareholders diluted?
One question, as more shares are purchased by the Trust, are other shareholders diluted?
RCS - that depends on your definitions.
1) There are a limited number (I am not sure exactly how many) shares in the club. Of these, 1,885,952 had been issued at the date of the last confirmatation statement. When the trust buys new shares, they come from the bundle of unissued shares.
2) When the trust, or anyone else buys one of these shares, the value of the company on the books is increased by the amount of money put in, so the value of each individual share is unchanged.
The trust holds (as of the confirmation statement), 183,881 shares. 9.75%.
Other shareholders hold 90.25% between them
As the trust increases their shareholding, the trust percentage increases, and all other holdings as a percentage decreases. These numbers are marginal
Paul Baker holds 379,852 shares
CTFC Investments Limited holds 437,680 shares
Simon Keswick holds 494,257 shares
- a total of 69.56% between them
The remainder just over 20% of the club are divided unequally between 74 other entries. Figures correct on last confirmation to companies house. All this is a matter of public record.
1) There are a limited number (I am not sure exactly how many) shares in the club. Of these, 1,885,952 had been issued at the date of the last confirmatation statement. When the trust buys new shares, they come from the bundle of unissued shares.
2) When the trust, or anyone else buys one of these shares, the value of the company on the books is increased by the amount of money put in, so the value of each individual share is unchanged.
The trust holds (as of the confirmation statement), 183,881 shares. 9.75%.
Other shareholders hold 90.25% between them
As the trust increases their shareholding, the trust percentage increases, and all other holdings as a percentage decreases. These numbers are marginal
Paul Baker holds 379,852 shares
CTFC Investments Limited holds 437,680 shares
Simon Keswick holds 494,257 shares
- a total of 69.56% between them
The remainder just over 20% of the club are divided unequally between 74 other entries. Figures correct on last confirmation to companies house. All this is a matter of public record.
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RegencyCheltenhamSpa
- Posts: 29851
- Joined: 21 Nov 2009, 03:27
Thanks Leo. I wasn’t familiar with the process of unissued shares used by CTFC so that clears it up.
Just wanted to allay any fears amongst the 74 monitory shareholders who may have thought that if the Trust buys another 5% of the shares that this doesn’t impact on the value or share of other shareholders; as you state it does not as the purchased shares are unissued and the value of the club increases as these shares are purchased. Good stuff.
Just wanted to allay any fears amongst the 74 monitory shareholders who may have thought that if the Trust buys another 5% of the shares that this doesn’t impact on the value or share of other shareholders; as you state it does not as the purchased shares are unissued and the value of the club increases as these shares are purchased. Good stuff.
Quick bump for this, go to the link, register your interest.
Protect our Robins
Protect our Robins
FYI, the numbers for trust shares are currently 189,214 shares 10.03 per cent.
This reflects some shares not shown on the confirmation statement
This reflects some shares not shown on the confirmation statement
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RegencyCheltenhamSpa
- Posts: 29851
- Joined: 21 Nov 2009, 03:27
Thanks the update Leo. Let’s see what it gets up to with the POR initiative.
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hookyrobin
- Posts: 125
- Joined: 30 Jan 2014, 20:09
With the news of the EFL bailout being agreed, I thought it would be worth bumping this up and encouraging anyone who hasn't signed up yet to register their interest.
https://www.protectourrobins.com/
The £250,000 from the Premier League is helpful, but as has already been discussed, there are choppy times ahead...
Protect our Robins.
https://www.protectourrobins.com/
The £250,000 from the Premier League is helpful, but as has already been discussed, there are choppy times ahead...
Protect our Robins.