Rangers have confirmed the voting totals on the eight resolutions at yesterday's AGM.

The club put seven ordinary motions to shareholders with one special resolution voted upon and requiring an increased 75 percent backing threshold.

Normal resolutions, one through seven, only need a majority backing to be passed.

Rangers had announced last night that all eight resolutions were backed by shareholders despite concerns over motions two, seven and eight.

Dave King and Club 1872 had revealed their opposition to Douglas Park's re-appointment to the board.

They had also confirmed they would not back resolutions seven and eight regarding the allotment of new shares and shares to favoured investors.

However, shareholders did just back resolution eight - while Park's re-appointment and resolution seven achieved a comfortable majority.

Chariman Park received a 73.4 percent backing to be re-appointed to the board.

Resolution seven on the allotment of equity received 76.1 percent support from shareholders - well above the required majority backing.

However, resolution eight only just passed. The special resolution allows for the directors to hand-pick investors. It required 75 percent support and was passed hitting 75.5 percent backing from shareholders.

Rangers AGM resolution vote results in full

Resolution One

“THAT the Company’s audited Financial Statements, the Director’s Report and the Strategic Report for the financial year ended 30 June 2022 together with the Auditors Report be received and adopted.”

For 98.4 percent (381,058,139) Against 1.6 percent (6,280,377)

Resolution Two

“THAT Douglas Park, who retires and offers himself for re-appointment in accordance with the Company’s Articles of Association, be re-appointed as a Director of the Company."

For 73.4 percent (283, 968,271) Against 26.6 percent (103,128,276)

Resolution Three

“THAT Julian Wolhardt who retires and offers himself for re-appointment in accordance with the Company’s Articles of Association, be re-appointed as a Director of the Company.”

For 98.2 percent (379,940,880) Against 1.8 percent (7,081,871)

Resolution Four

“THAT George Taylor, who retires and offers himself for re-appointment in accordance with the Company’s Articles of Association, be re-appointed as a Director of the Company.”

For  98.2 percent (380,032,042) Against 1.8 percent (7,049,411)

Resolution Five

“THAT Azets Audit Services be re-appointed as auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company before which audited statements of the Company are laid”

For 98.3 percent (380,759,822) Against 1.7 percent (6,737,952)

Resolution Six

“THAT the Directors be authorised to determine the remuneration of the Company’s auditors.”

For 98.3 percent (380,647,765) Against 1.7 percent (6,547,840)

Resolution Seven

“THAT the Directors be and are hereby generally and unconditionally authorised in accordance with section 551 of the Companies Act 2006 (the “Act”) to allot equity securities (as defined in section 560(1) of the Act):

(a) up to an aggregate nominal amount of £216,164 and such authority shall expire at the conclusion of the Company’s next Annual General Meeting in 2023, but so that the Company may, in each case, before such expiry make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of any such offer or agreement as if the power conferred hereby had not expired. This authority shall be in substitution for any previous authorities granted in this regard by the Company, but without prejudice to any allotment of equity securities or grant of rights already made, offered or agreed to be made pursuant to such authorities; and

(b) in addition to and without prejudice to the authorisation provided at sub-paragraph (a) above, an aggregate nominal amount of £432,328 per annum in the year following this Annual General Meeting and for each of the following four years and such authority shall expire on 5 December 2027 or on the date of the Company’s Annual General Meeting in 2027 if earlier, but so that the Company may (other than with regard to any transaction that would complete after 5 December 2027), in each case before such expiry make an offer or agreement which would or might require equity securities to be allotted after such expiry and the Directors may allot equity securities in pursuance of any such offer or agreement as if the power conferred hereby had not expired.

This authority shall be in substitution for any previous authorities granted in this regard by the Company, but without prejudice to any allotment of equity securities or grant of rights already made, offered or agreed to be made pursuant to such authorities.”

For 76.1 percent (294,256,211) Against 23.9 percent (92,521,479)

Resolution Eight

“THAT the Directors be and they are empowered pursuant to Section 570(1) of the Act to allot equity securities (as defined in Section 560(1) of the Act) of the Company wholly for cash pursuant to the authority of the Directors under Section 551 of the Act conferred by Resolution 7 above, as if Section 561(1) of the Act did not apply to such allotment provided that unless previously revoked, varied or extended, this power shall expire on 5 December 2027”

For 75.5 percent (292,160,140) Against 24.5 percent (94,759,616)

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