Rangers launch bid to relist on Stock Exchange
Rangers today have announced the
appointment of a new corporate officer in their pursuit of being relisted back
onto the Stock Exchange.
As previously mooted, the ISDX (ICAP
Securities & Derivatives Exchange) is being targeted as a location for
trading, and comes with credibility attached given London giants Arsenal are already listed
there.
Today Rangers have brought on
board Peterhouse Corporate Finance as their intermediary and it is the first
step towards putting the Ibrox Club back into trading privileges.
Chairman Dave King said:
“We have always said that these steps would
be taken at the appropriate time and supporters can be assured that their Club
and Company are progressing along the correct lines and as planned.”
And Peterhouse’s corporate
website espouses the following about their company:
“Peterhouse Corporate Finance Limited
is an independent corporate advisor and broker, dedicated to the needs of
growth-orientated and entrepreneurial companies. Peterhouse is ranked Number 1
independent small cap broker for AIM companies by the Advisor Rankings 2014, in
addition Peterhouse Corporate Finance is the largest ISDX Growth Market
Corporate Adviser. Peterhouse is also the owner of JP Jenkins, Europe’s longest- established matched bargain facility.
With this unique array of complementary businesses, the Company provides a full
range of advisory and broking services to Main Market, AIM and ISDX Growth
Market companies and to companies looking to join these, or similar,
markets.”
Many supporters were concerned
Rangers had no intention of relisting, but this step indicates that the ball is
rolling, even if it has rolled a little slower than originally envisioned.