BBC Reports – Dealing In Rangers Shares Suspended on PLUS Exchange for Failure to lodge Accounts!

http://www.bbc.co.uk/news/uk-scotland-scotland-business-16471831

 

http://www.plus-sx.com/newsItem.html?newsId=1457698

The Rangers Football Club P.L.C.

                  (the “Club”, the “Company” or the “Group”)

                            Statement re suspension

As a result of the delay in publishing its audited accounts to 30 June 2011 the
board announce that the Company’s shares have been suspended from trading on
PLUS pursuant to Rule 51.

The delay has been caused as a result of finalising the audit, which the board
believe will be complete on or around 31 January 2012. The delay in finalising
the audit is principally related to the ongoing HMRC tax tribunal.

The board of the Rangers Football Club plc is currently considering the merit
of maintaining its listing on the PLUS market after 6 May 2012 being the date
12 months following the acquisition of the 85.3 per cent. holding of the
Company by The Rangers FC Group Limited.

The Directors of The Rangers Football Club P.L.C. accept responsibility for
this announcement.

END

(END) Dow Jones Newswires

January 09, 2012 07:46 ET (12:46 GMT)

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2 Comments

Filed under Football, HMRC v Rangers, Rangers

2 responses to “BBC Reports – Dealing In Rangers Shares Suspended on PLUS Exchange for Failure to lodge Accounts!

  1. Compulsive Viewer

    So Craig Whyte is considering removing Rangers from the Plus Exchange.
    This would no doubt be of benefit to Mr Whyte, but could someone explain to me the positives and negatives impacts on the other shareholders of this action.

  2. TheBlackKnight

    The Rangers Football Club P.L.C. (the “Club”, the “Company” or the “Group”)

    Hi Paul,
    Any reason that the PLC has released a statement to the stock exchange from ;the “Club” ; the “Company” or the “Group”, and that the Directors of the PLC take responsibility for the statement?

    Interesting times!

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