This morning saw two announcements from the Board of RIFC PLC to the Stock Exchange.
The first reads:-
Rangers announces that it was notified on 19 August 2013 that Imran Ahmad no longer has a notifiable interest in the Company’s issued share capital.
So Mr Ahmad has sold his shareholding (or at least a significant part of it). These shares were purchased by Laxey Partners – who are building a significant stake in the PLC. Continue reading