Following the recent issue of new shares the Supporters Trust would like to let Trust members and other supporters know that the Trust have applied to purchase further shares in Lincoln City Football Club.
A tranche of 20,000 shares at a cost of £10,000 has been applied for and if approved by the Club Board will take the Trust's shareholding to well over 1,000,000 shares. This should help to ensure the Trust remains the largest single shareholder in the club holding over 25% of the issued shares on behalf of its members.
Trust Chairman John Roddam commented "It has always been the Trust's aim to maintain a large shareholding in the club. This substantial further investment is an indication of the Trust's commitment to that aim and its desire to support the club financially."
A tranche of 20,000 shares at a cost of £10,000 has been applied for and if approved by the Club Board will take the Trust's shareholding to well over 1,000,000 shares. This should help to ensure the Trust remains the largest single shareholder in the club holding over 25% of the issued shares on behalf of its members.