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Vale to poll shareholders

Twitters

By Twitters
in Port Vale present

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Howjy04 Mentor

Howjy04

Posted
Posted
Alternatively it could mean substantially less than 100 poeple.

 

Indeed, Williams could do it on his own if he were ever inclined to do so.

 

Therefore in the absence of RW coming forward it would be better to request to people with substantial shareholding to come forward to make sure there is enough to call an EGM .I think I've made myself clear.one things for sure we'll be all up on company law after this farce is over.:yes:

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Timothius Newbie

Timothius

Posted
Posted
Therefore in the absence of RW coming forward it would be better to request to people with substantial shareholding to come forward to make sure there is enough to call an EGM .I think I've made myself clear.one things for sure we'll be all up on company law after this farce is over.:yes:

 

When we held the SC meeting that voted to call an egm, we had done a quick calculation of peoples shares we could count on and we could have got the 10% quite easily. The problem isn't getting the 10% it's getting the 50% and 75% needed to agree to change, that still will be an issue. Getting the 10% now should be a peace of p*** given that since the SC meeting, 3 directors have stood down and 2 of them have voiced their support to Mo and the other may yet do the same.

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Howjy04 Mentor

Howjy04

Posted
Posted
When we held the SC meeting that voted to call an egm, we had done a quick calculation of peoples shares we could count on and we could have got the 10% quite easily. The problem isn't getting the 10% it's getting the 50% and 75% needed to agree to change, that still will be an issue. Getting the 10% now should be a peace of p*** given that since the SC meeting, 3 directors have stood down and 2 of them have voiced their support to Mo and the other may yet do the same.

 

I think the 75% is a big ask but thanks for the info .

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