Following the Special General Meeting of the Wrexham Supporters Trust held last night (Tuesday September 22), we can now reveal the result of the vote on the resolution.
In total, 1,254 members cast votes and we would like to thank everyone who took the time to engage with the process, as well as those who attended the Zoom meeting.
RESOLUTION
1 – Notwithstanding the Previous Resolutions, the board of WST or sub-groups of the board (and advisers) be authorised to discuss the Offer with the investors in order to negotiate a detailed heads of terms for a potential transaction with the intention that once a detailed heads of terms is negotiated, the board of the WST will call a further SGM for members to accept or reject the Offer. Acceptance of the offer would be by an extraordinary resolution.
2 – At an SGM called for approval of the Offer, WST board will provide all appropriate information regarding any offers to members. The Investors will be permitted to present their vision for Wrexham AFC Limited to the members in writing or by audio visual means.
3 – The board of WST be authorised to engage appropriate professional advisers, subject to controlling any exposure as to costs.
RESULT
Votes For: 1,223
Votes Against: 31
Abstained: 0
Votes cast: 1,254
PASSED – 97.5% voted in favour
The WST Board will now proceed with talks, and will update members on the next steps as soon as possible.
