7 giug 2016 anni - Executive of the TAB ruled that David King
acted in concert with Messrs Letham, Taylor
and Park in procuring the purchase
by New Oasis Asset Management (“NOAL”) of
14.57% of the shares of Rangers on 2 January
2015. As it exceeded 30% of the issued share
capital of Rangers. Mr King thereby incurred an
obligation under rule 9 of the Code to procure
the making of an offer for all Rangers shares
not held by concert party. The offer price
should be 20p per share.