Response to a question of mine to club chairman Liam Hickey on the club forum about the new share offering and changes in the ownership of the club. Very welcome developments.
"As a Private Limited Company we are not legally allowed to advertise the sale of shares but we can answer questions about them. We would have expected those at the meeting to have brought the contents of it into the public domain by now but as they haven't then this question is the first time we can say anything.
Yes there has been lots of movement as 73% of the current shares will pass into the ownership of a new holding company within the next 7 days. The club's new Directors will be the Directors of that company - namely me, Tom Cullen and Gavin Rose. We have no intention of selling that holding at any time.
However, we wish to be diluted to bring in new investment and so the meeting also agreed that authorised share capital be increased to £1.5 million.
These new shares are available to purchase in blocks of 500 shares at £1 each.
We have also brought the Register of Members up to date and taken some shares that were not taken up as part of the call and those of deceased and non contactable shareholders back into Treasury.
It is our I mention to hand these to the Dulwich Hamlet Supporters Trust as soon as they have tidied up one of their own rules.
The rest are available for fans or investors to purchase as part of the recapitalisation of the company.
Should large investors come forward then we shall look very carefully at their motives as part of our due diligence but we are already aware of people friendly to the club who may wish to invest.
The new Board will shortly be formed and offer places on it to representatives of all the current stakeholder groups.
Please forward any requests to purchase or questions to email@example.com