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Stan Kroenke Ups Stake In Arsenal To 29.9 Per Cent
American nears magical 30% figure...
| Bet: | Returns: | Milan £19.50 | Draw £32.50 | Arsenal £36.00 |
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| Bet: | Returns: | Milan £20.50 | Draw £34.00 | Arsenal £36.00 |
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| Bet: | Returns: | Milan £20.00 | Draw £34.00 | Arsenal £38.00 |
|
| Bet: | Returns: | Milan £20.00 | Draw £34.00 | Arsenal £38.00 |
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| Bet: | Returns: | Milan £20.60 | Draw £32.50 | Arsenal £32.50 |
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Nov 5, 2009 9:19:24 AM
Stan Kroenke has purchased more shares in Arsenal. The American entrepreneur now owns 29.9% of the club's shares, as confirmed by the Stock Exchange this morning.
That takes him even closer to the 29.99% he requires in order to be compelled to launch a takeover bid.
Reuters report that he has purchased 200 more shares at a cost of £8,500 per share.
It is also reported that 100 of the new shares were bought from Arsenal chairman Peter Hill-Wood.
Hill-Wood now has a beneficial interest in, and controls voting rights over, 400 shares, a figure which represents 0.6% of the issued shares.
Zack Wilson, Goal.com UK
That takes him even closer to the 29.99% he requires in order to be compelled to launch a takeover bid.
Reuters report that he has purchased 200 more shares at a cost of £8,500 per share.
It is also reported that 100 of the new shares were bought from Arsenal chairman Peter Hill-Wood.
Hill-Wood now has a beneficial interest in, and controls voting rights over, 400 shares, a figure which represents 0.6% of the issued shares.
Zack Wilson, Goal.com UK
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