A message to our members
You may have seen in the press that the Club has filed at Companies House the issue of a further 1.9 bn shares at a nominal value of 0.01p. Total value £19m.
The Club has not, as yet, published a reason for this issue. It could be a conversion of debt to equity in line with previous issues or it could be for further investment by other parties.
As soon as I receive confirmation I will let members know.
Keith Morgan, Chair