Glentoran call Extraordinary General Meeting as proposed Ali Shams Pour ownership change faces vote | BelfastTelegraph.co.uk
Glentoran's EGM
Glentoran football club will hold an Extraordinary General Meeting (EGM) on May 15th to decide on a proposal to increase Ali Shams Pour's ownership.
Proposed Ownership Increase
Currently, Pour owns 85% of the club. The proposal aims to raise his ownership to 95%.
Meeting Details
The EGM will take place at the Harland & Wolff staff club in east Belfast. 75% shareholder approval is needed for the proposal to pass.
Key Points
- Shareholders have been informed of the EGM.
- Ali Shams Pour's increased investment in the club is noted.
- The outcome of the vote will determine the future ownership structure of Glentoran.
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.
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