Item 1: That Paul Maitland be appointed to the board of directors of Weymouth Football Club Ltd.
The item was passed.
Item 2: That Simon Etherington be appointed to the board of directors of Weymouth Football Club Ltd.
The item was passed.
Subject to FA approval on items one and two as the club are still waiting for paperwork to come through.
Item 3: That the current nominal share capital of Weymouth Football Club Ltd be increased forthwith from one million two hundred and six thousand (1,206,000) shares of 50p each to five million (5,000,000) shares of 50p each.
This has been brought in to represent the value of the ground.
The item was passed.
Item 4: That the provision in the Weymouth Football Club Community Trust Deed of 9th April 2012 which restricts individual shareholdings in the company to 7.5% of the nominal share capital, be varied to a limit of 15%.
The item was passed.
Item 5: That paragraph 12 of the articles of association of Weymouth Football Club Ltd be amended so that the first sentence thereof shall read “The number of directors shall be not less than 4 nor more than 8”. (note: the current minimum is 6 and maximum 8).
The item was passed.
Item 6: That paragraph 16 of the articles of association of Weymouth Football Club Ltd be deleted. (note: that clause reads “No provision of these articles of association or the memorandum of association shall be altered unless the resolution proposing such alteration shall be approved at a general meeting of the shareholders by a majority of not less than 80% of votes cast in respect of such resolution”.
The item was passed.
Therefore all the resolutions were passed categorically.
The meeting was concluded by Paul Maitland
