1878 Partners stake in the club

The confirmation statement was sent to Companies House a couple of weeks ago and it shows how much of the club 1878 Partners have acquired...

Total Shares Issued in Company - £2,379,900
1878 Partners - £1,501,834 (63.1%)
Mariners Trust - £321,050 (13.5%)
Michael Parker - £250,000 (10.5%)
Other Shareholders - £307,016 (12.9%)

The statement also shows who have offloaded their shares. Which tells us 1878 Partners acquired shares from the following...

John Shelton Fenty - £975,000
Michael Parker - £250,000
Lee Mullen - £130,000
John Elsom - £75,500
Andrew Newman - £25,000
Terence Clive Aspinall - £15,500
David Andrew Carr - £11,077
Terence Aspinall - £10,002
Stephen Marley - £3,000
Helen Marley - £2,000
Stanley Shreeve - £2,000
Steve Ewels - £1,400
Arthur Ernest Spalding - £700
Other Minor Shareholders - £650

Philip Day still owns £2,950 of shares. Given the statement is dated nearly 6 months after he departed from the board it would appear he's turned down the chance to sell to 1878.

Holloway still clinging onto his £500 worth too

Old shut up put less money in than most of the people he told to shut up for a place on a board that he did nothing with…flipping outrageous…

late filing of the confirmation statement applies and an automatic fine imposed. Tut tut.

Interesting to see the share movements and wonder if bringing the company private means less transparency going forward.

I ask this because the AGM was voted by shareholders to be held annually on the last Thursday of November of each year, but one was not held last November, and nor was that notified to shareholders. Tut tut.

The accounts were always publicised and circulated well in advance of the AGM for ratification. This always followed substantive scrutiny. Tut tut not happened, and to my knowledge they have still not been filed, but are overdue.

Accepting now 1878 have taken GTFC private, one thinks they still have a duty of care to its shareholders.

I’m delighted we have new ownership but do think the silence on these matters are of real concern and wiff ‘lack of transparency’.

Quoted from GibMariner

late filing of the confirmation statement applies and an automatic fine imposed. Tut tut.

This is untrue. No fine / penalty.

The accounts are not overdue either.

Quoted from GibMariner

late filing of the confirmation statement applies and an automatic fine imposed. Tut tut.

Interesting to see the share movements and wonder if bringing the company private means less transparency going forward.

I ask this because the AGM was voted by shareholders to be held annually on the last Thursday of November of each year, but one was not held last November, and nor was that notified to shareholders. Tut tut.

The accounts were always publicised and circulated well in advance of the AGM for ratification. This always followed substantive scrutiny. Tut tut not happened, and to my knowledge they have still not been filed, but are overdue.

Accepting now 1878 have taken GTFC private, one thinks they still have a duty of care to its shareholders.

I’m delighted we have new ownership but do think the silence on these matters are of real concern and wiff ‘lack of transparency’.

You really are f#cking fun soinge aren't you?...Fenty ain't coming back, get it over it!..and snap that stick you constantly try to hit the new owners with, the barbs are getting blunt!..🤡

Quoted from GibMariner

late filing of the confirmation statement applies and an automatic fine imposed. Tut tut.

Interesting to see the share movements and wonder if bringing the company private means less transparency going forward.

I ask this because the AGM was voted by shareholders to be held annually on the last Thursday of November of each year, but one was not held last November, and nor was that notified to shareholders. Tut tut.

The accounts were always publicised and circulated well in advance of the AGM for ratification. This always followed substantive scrutiny. Tut tut not happened, and to my knowledge they have still not been filed, but are overdue.

Accepting now 1878 have taken GTFC private, one thinks they still have a duty of care to its shareholders.

I’m delighted we have new ownership but do think the silence on these matters are of real concern and wiff ‘lack of transparency’.

If you’re going to try and have a dig you probably need to get your facts right…

Quoted from Northbank Mariner

You really are f#cking fun soinge aren't you?...Fenty ain't coming back, get it over it!..and snap that stick you constantly try to hit the new owners with, the barbs are getting blunt!..🤡

The tone is a tad to say the least unfair.

These are facts found on co house and picked up as a shareholder.

All I want is my club to conform to regulation and be no less transparent than it was.

Have another go by all means, but to repeat I hold no candle for the past regime. OK

Quoted from GibMariner

The tone is a tad to say the least unfair.

These are facts found on co house and picked up as a shareholder.

All I want is my club to conform to regulation and be no less transparent than it was.

Have another go by all means, but to repeat I hold no candle for the past regime. OK

But at least (at the very, very least) two of your ‘facts’ are not true.