The Fishy - Grimsby Town FC

Question of the Week

Where will Grimsby be next season?





 

EGM Called For GTFC Share Issue Bid!

By: Bill Osborne
Date: 17/03/2003

GRIMSBYTown Football Club are to call an extraordinary meeting of shareholders for Thursday, April 10, at 10.30am at the Inn On The Park where the directors will be seeking the authority to issue more shares.

The club has a share capital of 630,000 £1 shares but only 236,900 have been issued because attempts to release the shares have been blocked by the shareholders. A 75% majority is needed for the bid to go through.

The club want to sell the remaining 363,000 unissued shares to raise cash.

The Grimsby Telegraph states that the release of the 363,000 'dormant' shares would inject cash into the business as well as increasing its borrowing capacity and there is some optimism that this time it could go through.




Add To Facebook


This site is by the fans, for the fans, and we will consider articles on any subject relating to the Mariners whether it be related to current news, a nostalgic look back in the past, a story about a player, a game or games in the past, something about Blundell Park or football in general. Click here to submit your article!


Related Stories


Forum Latest
Thread TitlePostsLatest Post
Sad times..7moosey_club14/05 18:04
Torquay United5forza ivano14/05 18:01
Man Utd v Arsenal11promotion plaice14/05 17:46
The Official Summer Transfer Rumour Thread478Alan Buckley14/05 17:08
Leeds Marathon 2024,6Civvy at last14/05 16:03
Ex-GTFC players thread4,345Abdul1914/05 13:56
Football Twit of the Week 🎖10RonMariner14/05 13:45
Seat count. Season ticket style30rancido14/05 12:26
Cartright12Nelly GTFC14/05 12:19
DN35 podcast at 6pm55Mikey_34514/05 10:00