DAVE KING is pleased to update shareholders following the completion of last week’s court proceedings.
Time has now been provided to allow Mr King to take the steps that will be required for him to arrange for Laird Investments (Pty) Limited to make a code compliant offer for shareholders’ shares in Rangers International Football Club PLC (RIFC).
Making the offer is a legal obligation required of Mr King by the terms of the City Code on Takeovers and Mergers.
RIFC and Mr King will comment on the offer in the Offer Document and the publication of this announcement and the form of the undertaking is for shareholder information only. Please follow this link to the text of the announcement HERE