Thursday, November 29, 2018

HUST Resolutions At Club AGM

This From HUST:

Following the HUST member ballot in July HUST have submitted a  number of resolutions to the HFC AGM to be held on 6th December.

The resolutions requested by HUST members are as follows:

1. to increase the number of HUST nominated directors to the club board to 4 if and when HUST hold 289,000 shares in Hereford Football Club

2. to require a special resolution (ie a resolution agreed by the >75% of shareholders) in order to change the club colours, the club's name or to move the club from Edgar Street.

In addition to these resolutions requested by members, HUST have proposed an additional change to the club rules, which seeks to ensure that the club board cannot act without the input or presence of at least one HUST Nominated Director and similarly without the presence of at least one director appointed by the ordinary shareholders.

HUST has provided a supporting statement which has been included with the HFC AGM information sent to all HFC shareholders.  For your information, as a HUST member, the AGM documents including the Trust's supporting statement can be viewed here: https://tinyurl.com/y7ts8k8n   Please be aware that the HFC accounts included with the AGM documents are audited, but not yet approved by Shareholders at the AGM.

We intend to hold a Special General Meeting after the club AGM to discuss the results of our resolutions and potential next steps.

Richard Tomkins
Chairman, Hereford Utd Supporters' Trust