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Worcester City: Shareholders vote to enable community ownership

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Worcester City: AGM live

By Andy Mitchell

Last updated:

    WORCESTER City shareholders pass special resolution to hand a controlling interest to Worcester City Supporters' Trust
  • 75 per cent of the shareholding that voted was required.
  • People with a total of 43,776 shares voted for the special resolution, 10,950 against and 60 abstained.
  • It meant 80.4% were in favour.
  • A reminder that another meeting to ratify this decision is required where 50% of the vote is needed. That will happen between 14-30 days from now.
  • Subject to that ratification, the resolution hands the trust all unsold shares in the club, approximately 46 per cent.

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