The Board would like to update our supporters and the wider Scottish football community after tonight’s General Meeting of the Company.
Regarding the Special Resolution presented by the Requisitioning Members, namely Greenock Cronus Capital Partners – Phoenix Limited, Members voted against the Special Resolution following a Poll Vote.
Our ambition is unwavering. We will continue as a Board to proudly promote what Albion Rovers stands for:
A Club that is proud of its immense history and Cliftonhill roots.
A Club that is proud to be synonymous with Scottish football for its name and its vibrant, memorable colour scheme.
A Club that is proud to call The Reigart Stadium its home – and has no intention of retiring one of Scottish football’s historic venues, which is part of the fabric of Coatbridge’s Main Street.
A Club that is proud to be a member Club of the Scottish Lowland Football League and aspires to return to the Scottish Professional Football League as a sustainable, community-focused Club.
A Club for all.
Special Resolution
Special resolution (increase of capital – Article 33; sections 21 and 28 CA 2006) – THAT, pursuant to Article 33 of the Company’s Articles of Association and section 21 of the Companies Act 2006, the Company hereby sanctions the increase of its share capital by the creation of 8,000,000 new Ordinary Shares of £0.125 each, ranking pari passu in all respects with the existing Ordinary Shares; and that any provision of, or treated by virtue of section 28 of the Companies Act 2006 as forming part of, the Articles of Association (including any limited on the number or aggregate nominal amount of shares that may be allotted arising from the Company’s former memorandum of association) be and is hereby revoked, amended and/or increase so far as necessary to give full effect to this resolution.
