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The Jags Trust: Statement


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Office Bearers of The Jags Trust (the trading name of The Partick Thistle Supporters Association) have been aware of the ongoing speculation regarding a potential takeover of our Club.

We have also read the statement recently released  by PTFC Ltd.

After Save The Jags,  the 1,000,000 B Shares allocated to The Jags Trust made supporters the equal largest shareholder, though that position has since been diminished by subsequent share issues.

The Jags Trust can confirm that we have not been approached with reference to our shareholding which, in any event, cannot be sold.

We will continue to monitor this situation and will attempt to liaise with the Club to ensure that members, and indeed all  Thistle fans, are in possession of as much accurate information as possible.

Morag McHaffie
Chairperson: The Jags Trust

Chairperson:  Supporters Direct Scotland

_______________________________________________________________

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11 minutes ago, Jags Trust said:

Office Bearers of The Jags Trust (the trading name of The Partick Thistle Supporters Association) have been aware of the ongoing speculation regarding a potential takeover of our Club.

We have also read the statement recently released  by PTFC Ltd.

After Save The Jags,  the 1,000,000 B Shares allocated to The Jags Trust made supporters the equal largest shareholder, though that position has since been diminished by subsequent share issues.

The Jags Trust can confirm that we have not been approached with reference to our shareholding which, in any event, cannot be sold.

We will continue to monitor this situation and will attempt to liaise with the Club to ensure that members, and indeed all  Thistle fans, are in possession of as much accurate information as possible.

Morag McHaffie
Chairperson: The Jags Trust

Chairperson:  Supporters Direct Scotland

_______________________________________________________________

Have you asked what’s going on ? Called the chairman ? Are you organising a fans meeting ? 

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A welcome statement from the Jags Trust.  What will be interesting is whether the two trusts can come together to wield their shareholding jointly in a way that forces any bidder to deal with any concerns fans might have.  Independently they can largely be ignored by any bidder.

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10 minutes ago, eljaggo said:

A welcome statement from the Jags Trust.  What will be interesting is whether the two trusts can come together to wield their shareholding jointly in a way that forces any bidder to deal with any concerns fans might have.  Independently they can largely be ignored by any bidder.

That can only happen if they both decide not to align with the board as they do now 

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