What percentage of shareholders to force an EGM ?

[KeelansGlove 0]

Do those of us that are small shareholders have any rights to force an extrordinary general meeting to get answers ?

[canary cherub 1]

dunno kev, but did you go to the last one?  we wouldn''t get any answers, just slapped down by Munby for being "impertinent".

 

[canary cherub 1]

[quote user="Fat Prophet"]

dunno kev, but did you go to the last one?  we wouldn''t get any answers, just slapped down by Munby for being "impertinent".

[/quote]

I meant to add:  even if we managed it, bet you anything they''d hold it in London.  At the last AGM in his opening remarks Munby told us what a big favour they were doing us by having it at Carrow Road and they could quite easily have it in London.  I kid you not.  That was before anyone on the floor had opened their mouths, and not surprisingly it set the tone by putting people''s backs up.

 

[gazzathegreat 0]

Completely agree Fat Prophet, and of course if it is held in London it will only portray them in the same light. Wasn''t there an EGM during Chase''s last days, wonder if anyone can remember the rules regarding holding one of these?

After reading several threads on the news re the meeting of the SCG - (what sort of PR is this from the masters themselves, Doncaster and Munby) it seems their perception of the general fanbase hasn''t changed much. Surely if they have something worth saying it should be addressed to EVERY fan, be they on this committee (thanks to J Tilson for mentioning this is an unelected position) or season ticket holder or member. WE all support the club.

I understand that the SCG help give opinion and feedback to the club over ticket prices and everyday matters, but surely the possibility of a takeover should not be kept strictly confidential to a chosen few, but the whole issue taken to a general meeting of those who are interested.

Presumably once a deal (if it happens) is sorted out, the remaining shareholders will have to vote on it?

[Inch High aka Inchy.. 417]

An EGM is called by the directors of a company. Shareholders with a stake of over 10% (in combination) may force an EGM.

[Empty Mirror 0]

[quote user="KeelansGlove"]Do those of us that are small shareholders have any rights to force an extrordinary general meeting to get answers ?[/quote]

Generally, 10% of the shareholders whose shares carry voting rights can require a general meeting.

[Mello Yello 2,572]

[quote user="gazzathegreat"]Completely agree Fat Prophet, and of course if it is held in London it will only portray them in the same light. Wasn''t there an EGM during Chase''s last days, wonder if anyone can remember the rules regarding holding one of these? After reading several threads on the news re the meeting of the SCG - (what sort of PR is this from the masters themselves, Doncaster and Munby) it seems their perception of the general fanbase hasn''t changed much. Surely if they have something worth saying it should be addressed to EVERY fan, be they on this committee (thanks to J Tilson for mentioning this is an unelected position) or season ticket holder or member. WE all support the club. I understand that the SCG help give opinion and feedback to the club over ticket prices and everyday matters, but surely the possibility of a takeover should not be kept strictly confidential to a chosen few, but the whole issue taken to a general meeting of those who are interested. Presumably once a deal (if it happens) is sorted out, the remaining shareholders will have to vote on it?[/quote]

Peculiar, how these things are unfolding.....What the hell is actually going on?[:^)]

[nutty nigel 7,902]

[quote user="gazzathegreat"]Completely agree Fat Prophet, and of course if it is held in London it will only portray them in the same light. Wasn''t there an EGM during Chase''s last days, wonder if anyone can remember the rules regarding holding one of these? After reading several threads on the news re the meeting of the SCG - (what sort of PR is this from the masters themselves, Doncaster and Munby) it seems their perception of the general fanbase hasn''t changed much. Surely if they have something worth saying it should be addressed to EVERY fan, be they on this committee (thanks to J Tilson for mentioning this is an unelected position) or season ticket holder or member. WE all support the club. I understand that the SCG help give opinion and feedback to the club over ticket prices and everyday matters, but surely the possibility of a takeover should not be kept strictly confidential to a chosen few, but the whole issue taken to a general meeting of those who are interested. Presumably once a deal (if it happens) is sorted out, the remaining shareholders will have to vote on it?[/quote]

I remember an EGM after Ken Brown was sacked. It was held at St Andrews Hall and I went. A guy called Harry Serruys(sp?) was attempting some sort of takeover. Jimmy Jones was involved somewhere and although I don''t remember all the details I do remember talking to Roy Blower about things. Of course this was long before NCISA was formed. It was at this time I was offered £17.50 each for my shares. Of course in the end Robert Chase won the day and there followed probably the most succesful period of our history. But after that however succesful we were Chase always seemed to be haunted by controversy and protest. Strangely more so than the current board. But Greavesie was right, it''s a funny old game and you never know what''s around the corner.

 

[National express super guard 0]

don''t the fans have a 32% share of the club,could we not therefore have the right to call and EGM. but I guess we need the SCG to ask and why do I get the feeling that''ll never happen. or I can email doncaster asking him, I''m sure he''d accept my requests for any EGM!!!

[WilliamG 0]

Sadly ''The Fans'' cant be grouped as a one. They are all individual share holders, and would need a petition style effort requiring a third of them to sign.

[Faded Jaded Semi Plastic SOB 1,221]

NESG - Only those with voting shares can force an EGM (apparently). Up until today I thought I was a NCFC PLC shareholder, and had a say, but apparently not, I seem to have the "wrong sort of shares" (I suppose it makes a change from the "wrong type of snow"[:D]!!)

[canary cherub 1]

I understand people''s anxiety about the situation but that''s not a good enough reason in itself to call an EGM.  We''ll only get one side of the story after all.  They''ll only tell us what they want us to know, and if it comes to voting on anything the majority shareholders always carry the day. 

And it''s liable to increase disunity among the fans.  At the last AGM there was an opportunity to vote against D&M''s re-election to the board, and those few who put their hands up got booed for their trouble.  This could be ten times worse, and the board would just love it if we ended up fighting amongst ourselves. 

I can''t see what useful purpose it would serve.  It''s better to let them stew in their own juice for a bit imo.

 

[A Load of Squit 6,260]

[quote user="Fat Prophet"][quote user="Fat Prophet"]

dunno kev, but did you go to the last one?  we wouldn''t get any answers, just slapped down by Munby for being "impertinent".

[/quote]

I meant to add:  even if we managed it, bet you anything they''d hold it in London.  At the last AGM in his opening remarks Munby told us what a big favour they were doing us by having it at Carrow Road and they could quite easily have it in London.  I kid you not.  That was before anyone on the floor had opened their mouths, and not surprisingly it set the tone by putting people''s backs up.

 

[/quote]

No, they hold it as far away from Peter Cullums Kent home as possible, anything to upset him.

 

[Mello Yello 2,572]

[quote user="Fat Prophet"]

I understand people''s anxiety about the situation but that''s not a good enough reason in itself to call an EGM.  We''ll only get one side of the story after all.  They''ll only tell us what they want us to know, and if it comes to voting on anything the majority shareholders always carry the day. 

And it''s liable to increase disunity among the fans.  At the last AGM there was an opportunity to vote against D&M''s re-election to the board, and those few who put their hands up got booed for their trouble.  This could be ten times worse, and the board would just love it if we ended up fighting amongst ourselves. 

I can''t see what useful purpose it would serve.  It''s better to let them stew in their own juice for a bit imo.

[/quote]

I suppose the current board are most likely doing what they normally do when discontent rears its head. They close ranks, go missing, keep sch-tum, ride the storm, and wait till the heat dies down.....Chuck a little positiveness to the hungry masses, then out comes the Donkster, who says his usual "Click whirr clunk....Boing!" Then, we all meander down to Carra again.......and watch the season unfold. I mean, why no statement of intent from the figurehead Chairman? Whether we accept the reason behind the club Directionless decision or not, they should be a communication process between the hierarchy through the club media and local press. The Chief Exec has been noticeable by his absence, this chap is paid a healthy salary in his position at the club. Where''s the ''transparent one'' - at this moment in time 

I also think you state a relevant point FP, maybe the board are hoping a bit of reverse psychology in getting the support to fight amongst themselves.....Hoping that it may suppress those that want change, and say that the anti-club (not just anti-board) alleged claptrap by those rebel rousing rabble - who clearly aren''t all pulling in the same direction as the glorious board; are the real cause behind the unrest and most unwelcome disquiet that is seen to be unsettling the club and the squad. Once again, the board will attempt to blame everything and everyone.....apart from themselves. Shunning their responsibility, accountability, culpability and any other "bility''s" that I can''t be hearsed to type.

Incidentally, the vote on the on-line EDP site is more than 60% in favour of Mr Cullum. 

[Carrow89 182]

An EGM might force Cullum''s hand. At the moment, like the anti club rabble on here, he can spout off anything he wishes without any responsibility or recourse to justification.Nothing more has been heard than some outlandish figure attached to a wish to ''help the club''.Sadly there are those who, I suggest live to close too suffolk (backed by those who regard it as their spiritual home) who can see no further than the reflection of the moon in the bucket of water held beneath their noses.mattersMr Cullum knows the correct way to approach these matters. Those with an IQ above single figures are asking what''s he got gto hide. Why avoid the issue ? Why not make an official bid for the club ?Why is the truth only now slowly emerging ? Why hasn''t he been open and upfront from the beginning ? Again what has he to hide ?The ball is in your court Mr Cullum. The club has no more obligation to talk to you than it does to me.

[Mello Yello 2,572]

[quote user="Ralph Wright"]An EGM might force Cullum''s hand. At the moment, like the anti club rabble on here, he can spout off anything he wishes without any responsibility or recourse to justification.

Nothing more has been heard than some outlandish figure attached to a wish to ''help the club''.

Sadly there are those who, I suggest live to close too suffolk (backed by those who regard it as their spiritual home) who can see no further than the reflection of the moon in the bucket of water held beneath their noses.matters

Mr Cullum knows the correct way to approach these matters. Those with an IQ above single figures are asking what''s he got gto hide. Why avoid the issue ? Why not make an official bid for the club ?

Why is the truth only now slowly emerging ? Why hasn''t he been open and upfront from the beginning ? Again what has he to hide ?

The ball is in your court Mr Cullum. The club has no more obligation to talk to you than it does to me.


[/quote]

Then again, are the NCFC board hiding anything?.....No, not in your eyes, hey?

 

[Arthur Whittle 0]

[quote user="Ralph Wright"]An EGM might force Cullum''s hand. At the moment, like the anti club rabble on here, he can spout off anything he wishes without any responsibility or recourse to justification.

Nothing more has been heard than some outlandish figure attached to a wish to ''help the club''.

Sadly there are those who, I suggest live to close too suffolk (backed by those who regard it as their spiritual home) who can see no further than the reflection of the moon in the bucket of water held beneath their noses.matters

Mr Cullum knows the correct way to approach these matters. Those with an IQ above single figures are asking what''s he got gto hide. Why avoid the issue ? Why not make an official bid for the club ?

Why is the truth only now slowly emerging ? Why hasn''t he been open and upfront from the beginning ? Again what has he to hide ?

The ball is in your court Mr Cullum. The club has no more obligation to talk to you than it does to me.


[/quote]

Again you are confused poor old Walphy, anti board does not mean anti club. Do you think everyone involved with the chase out protests were anti club or are you going to dodge that question like you did the one about my tickets, photos, B and P, the programme seller, the molly etc?

[Arthur Whittle 0]

Actually i dont think you love the club at all, just delia. Got a nice poster of her on your bedroom ceiling walphy boy? oh and please dont dodge my previous messages about the difference between anti board and anti club because everyone is starting to see through your little games now.

[Arthur Whittle 0]

While im here Walph ill ask you a simple question. Were you in favour of Robert Chase yes or no? Oh and are you working till 9.45pm again?

[Carrow89 182]

" Then again, are the NCFC board hiding anything? "durrrrrrrrrrrrryou aren''t very bright are you ?So in simple language I will spell it out to you and other fellow travellers.Mr Cullum wants to take control of the club yet Mr Cullum has not contacted the major shareholders of the club.Mr Cullum did not contact those same majority shareholders last autumn.Mr Cullum did not contact those same majority shareholders at any time between then and now.

ps I am rather annoyed as well because I want a chinese takeway tonightwhy the hell haven''t they phoned me ?what have they got to hide ?

[Arthur Whittle 0]

Care to answer my questions Ralph or have you got something to hide-like a lack of knowledge and history of the club, apart from Delia and Ipswich you never contribute anything, why is that? Funny you are at home tonight because last week you claimed you worked till 9.45pm on saturdays? Oh the conspiracy theorys I could make of you walph.

[Mello Yello 2,572]

[quote user="Ralph Wright"]" Then again, are the NCFC board hiding anything? "

durrrrrrrrrrrrr

you aren''t very bright are you ?

So in simple language I will spell it out to you and other fellow travellers.

Mr Cullum wants to take control of the club yet Mr Cullum has not contacted the major shareholders of the club.

Mr Cullum did not contact those same majority shareholders last autumn.

Mr Cullum did not contact those same majority shareholders at any time between then and now.





ps I am rather annoyed as well because I want a chinese takeway tonight

why the hell haven''t they phoned me ?

what have they got to hide ?


[/quote]

Delia doesn''t want to lose ''her'' club.

Delia doesn''t really want to sell ''her'' club.

Delia and the board have had their bluff called - and are coughing in their rompers. (For whatever reasons).

I had a Chinese - and with it came a fortune cookie which said, "The deflectors will be defecting after spouting defecation. They are running scared, the truth will soon be out, humiliation will follow"......I''ll let you lick my empty trays if you''re peckish. You''ll need every ounce of sustenance, when your ''Sacred Board'' disappear into oblivion, tails between their legs......with you chasing, and telling them to slow down as you''re little knobbly pins - can''t keep up with their pace.

 

[Arthur Whittle 0]

LOL