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TERRAS: Board proposes major amendment to Deed of Trust
11:43am Monday 7th October 2013 in Football
WEYMOUTH FC's board of directors are proposing a major amendment to the club's Deed of Trust, which was signed in April of last year.
The issue is set to be discussed at an EGM at the Bob Lucas Stadium on Sunday (11am).
A statement from the board reads: "Following discussions at a Board meeting held yesterday the following motion has been agreed, which will be the subject of Sunday's EGM: The board of Weymouth Football Club recommend that this EGM shall vary the terms of Para 5(a) and Para 5(b) within the Deed of Trust signed on April 9, 2012. so that there shall be no limit upon the shareholding which can be held by any person or body.
"As previously advised the meeting will take place at the Bob Lucas Stadium on Sunday, October 13, commencing at 11-00.
"Obviously this represents a major change in the stance of the board and we would urge as many supporters as possible to attend the meeting.
"Should you not be able to attend a form of proxy will be available on the club's website on Monday afternoon - 07 October - or from the club office between 09-30 and 14-30 on Tuesday (08), Thursday (10) and Friday (11)."
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