At a General Meeting of the shareholders of Dundee Football Club held yesterday at the Kilmac Stadium at Dens Park, the shareholders voted by majority of around 95% to approve the three resolutions for a new share issue.
Details of the resolutions can be found in the following link – https://dundeefc.co.uk/content/uploads/2019/05/Notice-of-General-Meeting.pdf
This will allow the Board to offer new shares to FPS so that their shareholding can increase to over 75%. In response to enquiries from existing shareholders and others to buy more shares, the Board will look into how best this can be achieved and we hope to announce further details of making some shares available for purchase in due course.
The Board would like to thank all the shareholders for their attendance yesterday and for their backing and overwhelming support.