Saturday, July 13, 2013

Board To Answer Shareholders Questions


The Hereford United board have received plenty of questions about the proposed share issue and related matters during the past week.

Shareholders are concerned about who can purchase the shares, what the money raised can be used for and the cost of the issue.

Some have sent questions directly to the club or to Stuart Blake who has been heavily involved in drawing up the details of the share issue and also the recent debenture offer.

Blake has been contacted by BN with a list of questions and this morning has given us a short statement.

'The Board are preparing answers to questions from shareholders and shall be releasing them officially on Tuesday,' he told BN.  

It is assumed the Board will write to shareholders with their answers.