Share Offer Closes

10 September 2010 09:45
The share offer of 5p per share made by DPNE, the holding company run by Trevor Hemmings closed on Wednesday evening. An announcement was made to the stock market saying that Hemmings had now gained 91.02% control of the company and as already stated a shareholders meeting will be called on 21 September in order to de-list the company from the stock exchange. This is phase one of the plan complete with the next stage to stabalise the club financially before attracting investors in what has been classed as a three year programme by chairman Maurice Lindsay.

Source: FOOTYMAD