bazil85 Posted February 20, 2022 Author Report Share Posted February 20, 2022 39 minutes ago, buddiecat said: Your wee stalker would seem to not be a stalker if he/she is ignoring you. They haven’t ignored me though have they? Just responding on quoted posts. There’s a few on here incapable of ‘ignoring’ me despite often claiming that as an intention… Strange. Quote Link to comment Share on other sites More sharing options...
BuddieinEK Posted February 20, 2022 Report Share Posted February 20, 2022 Your wee stalker would seem to not be a stalker if he/she is ignoring you.Seems he can't ignore me. [emoji23][emoji23][emoji23]Sent from my HD1913 using Tapatalk Quote Link to comment Share on other sites More sharing options...
TediousTom Posted February 21, 2022 Report Share Posted February 21, 2022 On 2/15/2022 at 10:15 AM, SuperSaints1877 said: I don’t like Mondays. TELL ME WHY Quote Link to comment Share on other sites More sharing options...
bazil85 Posted February 21, 2022 Author Report Share Posted February 21, 2022 16 hours ago, BuddieinEK said: Seems he can't ignore me. Sent from my HD1913 using Tapatalk I've never claimed to want to ignore anyone on here, it's always been the other way. I've made it very clear in the past what you or anyone else needs to do & I will happily not respond, mention or quote. It's proven to be impossible for most, including you. Quote Link to comment Share on other sites More sharing options...
Cookie Monster Posted February 21, 2022 Report Share Posted February 21, 2022 Copy and paste. [emoji19] Quote Link to comment Share on other sites More sharing options...
bazil85 Posted February 21, 2022 Author Report Share Posted February 21, 2022 To think this all came from me simply copying a SMISA email and defending someone putting an incorrect day in the text. If there was ever evidence some forum users will argue over absolutely anything. Quote Link to comment Share on other sites More sharing options...
waldorf34 Posted February 21, 2022 Report Share Posted February 21, 2022 Forgive me for asking but how did Kibble end up with Directors on the St Mirren board? They bought shares from an individual ,as has happened with many minority shareholders in the past , but under Gilmour and co no minority shareholders were offered seats on the board. Quote Link to comment Share on other sites More sharing options...
Guest Posted February 21, 2022 Report Share Posted February 21, 2022 (edited) 21 minutes ago, waldorf34 said: Forgive me for asking but how did Kibble end up with Directors on the St Mirren board? They bought shares from an individual ,as has happened with many minority shareholders in the past , but under Gilmour and co no minority shareholders were offered seats on the board. It was all part of the three way agreement. It was possibly one of the worst decisions in the history of St Mirren to relinquish control. Edited February 21, 2022 by SuperSaints1877 Quote Link to comment Share on other sites More sharing options...
waldorf34 Posted February 21, 2022 Report Share Posted February 21, 2022 Why was an individual selling shares allowed to have a 3 way agreement Quote Link to comment Share on other sites More sharing options...
Cookie Monster Posted February 21, 2022 Report Share Posted February 21, 2022 Is using Google that difficult? Quote Link to comment Share on other sites More sharing options...
alanb Posted February 21, 2022 Report Share Posted February 21, 2022 (edited) 2 hours ago, waldorf34 said: Why was an individual selling shares allowed to have a 3 way agreement “Allowed” ? Why not ? Edited February 21, 2022 by alanb Quote Link to comment Share on other sites More sharing options...
bazil85 Posted February 21, 2022 Author Report Share Posted February 21, 2022 2 hours ago, waldorf34 said: Why was an individual selling shares allowed to have a 3 way agreement It was a change in approach from the original buyout involving Gilmour to SMISA, funded by GLS. Voting SMISA members overwhelmingly backed the proposal which included two Kibble elected directors on the St Mirren board. Quote Link to comment Share on other sites More sharing options...
Slarti Posted February 21, 2022 Report Share Posted February 21, 2022 Forgive me for asking but how did Kibble end up with Directors on the St Mirren board? They bought shares from an individual ,as has happened with many minority shareholders in the past , but under Gilmour and co no minority shareholders were offered seats on the board.Everyone on that board was a minority shareholder. Quote Link to comment Share on other sites More sharing options...
waldorf34 Posted February 22, 2022 Report Share Posted February 22, 2022 On 2/21/2022 at 4:14 PM, bazil85 said: It was a change in approach from the original buyout involving Gilmour to SMISA, funded by GLS. Voting SMISA members overwhelmingly backed the proposal which included two Kibble elected directors on the St Mirren board. Still don t get it. GS had an agreement to sell all his shares to Smisa so they have an agreement. Then GS has an offer from Kibble to buy some if his shares ,Smisa agree to that no problem ,a 3 way agreement in place. But how do St Mirren fc end up in that agreement ? St Mirren fc have nothing to do with GL selling his shares. Quote Link to comment Share on other sites More sharing options...
Cookie Monster Posted February 22, 2022 Report Share Posted February 22, 2022 Still don t get it. GS had an agreement to sell all his shares to Smisa so they have an agreement. Then GS has an offer from Kibble to buy some if his shares ,Smisa agree to that no problem ,a 3 way agreement in place. But how do St Mirren fc end up in that agreement ? St Mirren fc have nothing to do with GL selling his shares.[emoji1787] Quote Link to comment Share on other sites More sharing options...
hamlet Posted February 22, 2022 Report Share Posted February 22, 2022 On 2/21/2022 at 11:12 AM, bazil85 said: To think this all came from me simply copying a SMISA email and defending someone putting an incorrect day in the text. If there was ever evidence some forum users will argue over absolutely anything. It has taken a while but glad you have finally got it. The "someone" must be the Secretary since the e-mail carries his name. No argument from me just more attention to detail required.😊 Quote Link to comment Share on other sites More sharing options...
bazil85 Posted February 22, 2022 Author Report Share Posted February 22, 2022 5 hours ago, waldorf34 said: Still don t get it. GS had an agreement to sell all his shares to Smisa so they have an agreement. Then GS has an offer from Kibble to buy some if his shares ,Smisa agree to that no problem ,a 3 way agreement in place. But how do St Mirren fc end up in that agreement ? St Mirren fc have nothing to do with GL selling his shares. It’s ultimately the ownership of SMFC, that’s the principle point. SMISA & the Kibble combined own over 70% of the shares of St Mirren. With that level of control they have full power over the makeup of the boardroom & that’s the point that was put to SMISA members to vote & agree on. The vote was to allow Kibble to buy a portion of shares in the ownership of St Mirren instead of all GLS shares (ones he bought from Gilmour) going to SMISA. If approved by SMISA members, part of that deal on Kibble owning a significant share in SMFC, was to allow them to always elect two directors. Quote Link to comment Share on other sites More sharing options...
Rascal Posted February 22, 2022 Report Share Posted February 22, 2022 9 minutes ago, bazil85 said: It’s ultimately the ownership of SMFC, that’s the principle point. SMISA & the Kibble combined own over 70% of the shares of St Mirren. With that level of control they have full power over the makeup of the boardroom & that’s the point that was put to SMISA members to vote & agree on. The vote was to allow Kibble to buy a portion of shares in the ownership of St Mirren instead of all GLS shares (ones he bought from Gilmour) going to SMISA. If approved by SMISA members, part of that deal on Kibble owning a significant share in SMFC, was to allow them to always elect two directors. Bazil. Is there a limit on the size of the board or any special voting rights for board members nominated by Kibble or indeed SMISA? Quote Link to comment Share on other sites More sharing options...
bazil85 Posted February 22, 2022 Author Report Share Posted February 22, 2022 3 minutes ago, Rascal said: Bazil. Is there a limit on the size of the board or any special voting rights for board members nominated by Kibble or indeed SMISA? Not that I’m aware of. Regarding the size of the board though, I imagine there would always need to be proportionate representation (or at least voting share) for the Kibble. Quote Link to comment Share on other sites More sharing options...
waldorf34 Posted February 23, 2022 Report Share Posted February 23, 2022 13 hours ago, bazil85 said: It’s ultimately the ownership of SMFC, that’s the principle point. SMISA & the Kibble combined own over 70% of the shares of St Mirren. With that level of control they have full power over the makeup of the boardroom & that’s the point that was put to SMISA members to vote & agree on. The vote was to allow Kibble to buy a portion of shares in the ownership of St Mirren instead of all GLS shares (ones he bought from Gilmour) going to SMISA. If approved by SMISA members, part of that deal on Kibble owning a significant share in SMFC, was to allow them to always elect two directors. But can that be changed ie Kibble have shares but no Directors ? Quote Link to comment Share on other sites More sharing options...
Kombibuddie Posted February 23, 2022 Report Share Posted February 23, 2022 What strikes me about this is, SMISA has received sufficient requests, (of whatever the constitution says is required) for an SGM to be convened. Anyone going? Quote Link to comment Share on other sites More sharing options...
bazil85 Posted February 23, 2022 Author Report Share Posted February 23, 2022 2 hours ago, waldorf34 said: But can that be changed ie Kibble have shares but no Directors ? Not without another vote by SMISA members & separate agreement by the Kibble to sell their shares. (Although there may be a trigger value SMISA can buy the shares at, I’m not sure). Nothing that will likely change anytime soon given the overwhelming backing SMISA members gave to the Kibbke deal. Quote Link to comment Share on other sites More sharing options...
StanleySaint Posted February 23, 2022 Report Share Posted February 23, 2022 Just a quick one, does anyone know if the new Chief Operating Officer will sit on the board? Quote Link to comment Share on other sites More sharing options...
FTOF Posted February 23, 2022 Report Share Posted February 23, 2022 4 hours ago, Kombibuddie said: What strikes me about this is, SMISA has received sufficient requests, (of whatever the constitution says is required) for an SGM to be convened. Anyone going? 5% of the membership. Quote Link to comment Share on other sites More sharing options...
Cookie Monster Posted February 23, 2022 Report Share Posted February 23, 2022 5% of the membership.About 60 folk.You would think they'd be attending. Quote Link to comment Share on other sites More sharing options...
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