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Exclusive | Glentoran call Extraordinary General Meeting as proposed Ali Shams Pour ownership change faces vote
Glentoran owner Ali Shams Pour has invested a substantial amount of money into the east Belfast side
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The Glentoran board have called an Extraordinary General Meeting (EGM) of its shareholders for May 15 when a vote will be taken which could lead to Ali Shams Pour increasing his ownership of the club from 85 per cent to 95 per cent.
The Belfast Telegraph can reveal that shareholders have been informed the EGM will take place at the Harland & Wolff staff club in east Belfast later this month, with 75 per cent of shareholder approval required for the East (No.1) Limited company, of which Pour is a director, to add a further ten per cent to the shares they already have in the club.