Existing shareholders have been offered 282 new shares for each existing share they currently hold.
They have about three weeks to take the club up on the offer to retain their existing percentage of the shares in issue, with each existing share qualifying for £70.50 of new shares - all of which have to be paid for with no multiplier in effect.
After October 21st, when the offer expires, the remaining shares will become open for anyone to buy at any level. It has been suggested that £500 of shares will enable someone to receive copies of the accounts and attend shareholders meetings like the AGM, but this has not yet been confirmed.