harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,412
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Post by harrybuckle on Feb 17, 2020 17:19:28 GMT
I have shares in my own right, I think I obtained them in around about 2002, I am not sure what Mrs Pirate Eye has done with the certificate, but it is somewhere in the house. I am guessing, but I think there are between 60-100 small share holders like myself who are entitled to attend the AGM whose shares were unaffected by the last takeover, we are always notified of the annual meeting. Of course our shares were dilluted in 2006.......My son stands to inherit my shares whether he wants them or not, it would be a matter of regret if he were not able to have them. Regards John Malyckyj I too bought my ten shares in 1983 when Gordon Bennett was CEO and like John can attend AG meetings and did till recent years when the minor shareholders voice was rather lost for words as the new owners held all the cards so to speak.
I am open to offers to sale mine but the price would be in three figures at least 100 pence !
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Feb 17, 2020 18:34:15 GMT
The shares being discussed by Gasheadpirate are Preference shares which were issued to finance, along with a Barclays Mortgage, the Memorial Stadium. He is not discussing ordinary shares which we all know only have sentimental value.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Feb 17, 2020 18:40:12 GMT
Philton.
This is the internet , they aren't interested in the truth
That is so true.
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Post by a more piratey game on Feb 17, 2020 23:42:47 GMT
Can I ask why you wouldn't trust it? Because I have spoken to WAQ who appears not to know the difference between the various shares. Ta for explaining It does seem very odd for a banker
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
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Post by kingswood Polak on Feb 18, 2020 10:10:27 GMT
It’s a strange one isn’t it. Playing devils advocate here, the SC have provided for a roof over the north stand and have been giving money to the club and, whether anyone likes them or not, they have backed the club with the money their volunteers have collected. I think many need to ask themselves, what have I done ? I think it’s vital to maintain a totally independent SC and that it’s been proved that our current owners just aren’t very good with using funds that will directly help the club. I would not like the idea, not one bit, of the club buying the SC out and for obvious reasons. I am not a member but I do see a valid reason why any SC should be independent. My response was entirely tongue in cheek KP. I'll not expand the Supporters Club debate on here as it is being well debated on the Ken Masters thread. I understood that but felt I just wanted to say something about it, myself. I think it makes an easy target but of its own doing but the SC have done more good, as an organisation, than most of us do ourselves. I would absolutely hate seeing everything under the current owners stewardship.
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
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Post by kingswood Polak on Feb 18, 2020 10:16:00 GMT
Philton.
This is the internet , they aren't interested in the truth
Speak for yourself.
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Post by warwickgas on Feb 18, 2020 17:23:41 GMT
The shares being discussed by Gasheadpirate are Preference shares which were issued to finance, along with a Barclays Mortgage, the Memorial Stadium. He is not discussing ordinary shares which we all know only have sentimental value. I subscribed to£2,000 worth of pref shares years ago. I got paid dividends for a short while, not that I was looking to take anything out of the club. I then received an annual letter from Nick Higgs saying they were suspending payment of dividends. I wasn’t too bothered! Following the Al Qadi takeover I wrote to the club asking for my prefs to be purchased but never received a response. I’ve mentally written the money off! I know pref shares have no voting rights so I was never expecting an invitation to the AGM but a set of accounts every year would have been nice instead of having to rely on the forum to communicate the state of the club finances. my only consolation is one which I hope never comes to pass - in the event of the club being wound up through insolvency the pref shareholders get paid out before the unsecured creditors If anyone can shed any light on this for me I would be most obliged !
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harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,412
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Post by harrybuckle on Feb 18, 2020 17:43:35 GMT
The shares being discussed by Gasheadpirate are Preference shares which were issued to finance, along with a Barclays Mortgage, the Memorial Stadium. He is not discussing ordinary shares which we all know only have sentimental value. I subscribed to£2,000 worth of pref shares years ago. I got paid dividends for a short while, not that I was looking to take anything out of the club. I then received an annual letter from Nick Higgs saying they were suspending payment of dividends. I wasn’t too bothered! Following the Al Qadi takeover I wrote to the club asking for my prefs to be purchased but never received a response. I’ve mentally written the money off! I know pref shares have no voting rights so I was never expecting an invitation to the AGM but a set of accounts every year would have been nice instead of having to rely on the forum to communicate the state of the club finances. my only consolation is one which I hope never comes to pass - in the event of the club being wound up through insolvency the pref shareholders get paid out before the unsecured creditors If anyone can shed any light on this for me I would be most obliged ! The shareholders list was lost when a new IT system was introduced have you informed the BRISTOL ROVERS 1883 Company of your full name, address and have you a share certificate to prove ownership ?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Feb 18, 2020 17:56:13 GMT
The shareholders list was lost when a new IT system was introduced... You have got to be kidding me.
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Post by warwickgas on Feb 18, 2020 18:18:30 GMT
Harrybuckle, thank you for that astounding information. I shall try again enclosing a copy of the share certificate.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Feb 18, 2020 18:30:39 GMT
that astounding information Isn't it though? Barmy.
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harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,412
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Post by harrybuckle on Feb 18, 2020 19:24:36 GMT
The shareholders list was lost when a new IT system was introduced... You have got to be kidding me. You only after look out your window recently floods, fires and office moves over the decades has taken its toll on rovers office administration. In 2014 I was given loads of rovers documents shareholders/season ticket holders ledgers which were thrown out by the club it had shareholders from the 1920s I still have it in a garden shed. Did you know W G Grace was a season ticket holder? A guy retrieved it from skip in 1990s and kept it in Wootton Under Edgei went up there and collected it as I have an interest in the clubs history
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Post by alloutofgas on Feb 18, 2020 20:59:00 GMT
I believe these ‘hypothetical shares’ are the proper ones, not the share scheme sham.
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Post by Portishead Pirate on Feb 19, 2020 7:53:52 GMT
I subscribed to£2,000 worth of pref shares years ago. I got paid dividends for a short while, not that I was looking to take anything out of the club. I then received an annual letter from Nick Higgs saying they were suspending payment of dividends. I wasn’t too bothered! Following the Al Qadi takeover I wrote to the club asking for my prefs to be purchased but never received a response. I’ve mentally written the money off! I know pref shares have no voting rights so I was never expecting an invitation to the AGM but a set of accounts every year would have been nice instead of having to rely on the forum to communicate the state of the club finances. my only consolation is one which I hope never comes to pass - in the event of the club being wound up through insolvency the pref shareholders get paid out before the unsecured creditors If anyone can shed any light on this for me I would be most obliged ! The shareholders list was lost when a new IT system was introduced have you informed the BRISTOL ROVERS 1883 Company of your full name, address and have you a share certificate to prove ownership ? Unlikely it was lost, more likely that its upkeep has fallen into disrepute since the change in Company Secretary. Not difficult to resurrect in any case as a full listing is publicly available ref position at Aug 2015. Prior to new regime but straightforward to refresh - link here (doc entry date 15.08.16): Full list
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Post by johnmalyckyj on Feb 19, 2020 22:48:43 GMT
To be serious for a moment, when I signed up to that scheme, I wasn't interested in the politics of the thing, all it was was a way to directly help the FC during a difficult time, when the Directors were real people who you could stand at a bar, have a drink and a normal chat with. It pains me to say it, but that Rovers, for the moment, is gone. Bamber, that was the club that I was to be a proud member of. I naively believed that most of those around me felt the same with regards putting the club above all else. Sadly I was mistaken and only the loyalty of those who shared the same views as I ensured that financially I escaped unscathed.(Apart from the £1100 I threw at the share scheme) That was what drove me at the time, I really thought that we were all on it together, some of you guys had the financial clout whilst I could offer a bit of political nous and an ability to talk people into submission.....I saw no difference between Colin, Mike, Kim and you we all wanted the same thing. We all brought different things to the party but never thought that we were not working together to take the club forward until those fatal few weeks. There were plenty of other people who were involved, many sadly casualties of what unfolded......
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Feb 20, 2020 8:58:09 GMT
Bamber, that was the club that I was to be a proud member of. I naively believed that most of those around me felt the same with regards putting the club above all else. Sadly I was mistaken and only the loyalty of those who shared the same views as I ensured that financially I escaped unscathed.(Apart from the £1100 I threw at the share scheme) That was what drove me at the time, I really thought that we were all on it together, some of you guys had the financial clout whilst I could offer a bit of political nous and an ability to talk people into submission.....I saw no difference between Colin, Mike, Kim and you we all wanted the same thing. We all brought different things to the party but never thought that we were not working together to take the club forward until those fatal few weeks. There were plenty of other people who were involved, many sadly casualties of what unfolded...... And Sometimes, to win, you have to take decisions and act in a way that offends some.
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Post by a more piratey game on Feb 20, 2020 9:04:02 GMT
That was what drove me at the time, I really thought that we were all on it together, some of you guys had the financial clout whilst I could offer a bit of political nous and an ability to talk people into submission.....I saw no difference between Colin, Mike, Kim and you we all wanted the same thing. We all brought different things to the party but never thought that we were not working together to take the club forward until those fatal few weeks. There were plenty of other people who were involved, many sadly casualties of what unfolded...... And Sometimes, to win, you have to take decisions and act in a way that offends some. Thus spake GD?
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Cheshiregas
Global Moderator
Joined: May 2014
Posts: 2,149
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Post by Cheshiregas on Feb 20, 2020 9:28:26 GMT
I gave copies of my shares to Steve Hamer by email soon after the takeover. I contacted the Club last night. Good luck, I hope you get your cash back soon. Just out of interest (I've forgotten with time) what would happen in the unlikely event that the current or future owners offered to buy the Share Scheme shares? Would the money be held in trust by the SC or would the individuals receive their cash back.... Asking for a friend (yes, I do have one or two!)
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Feb 20, 2020 10:49:10 GMT
And Sometimes, to win, you have to take decisions and act in a way that offends some. Thus spake GD? That's true but only to discover that you've actually lost.
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