ICT Go Private at EGM

Inverness Caledonian Thistle shareholders tonight (20th December) voted at an EGM in favour of re-registering the club to a private limited company in a move to increase further investment.

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The change in status now paves the way for potential investors to increase their support of ICT without fear of controlling 30% or more of the voting right at which point they would have previously been required to make an offer for the remaining shareholdings in the company.

Chairman Ken Mackie said: "Tonight's vote is of significant importance to Inverness Caledonian Thistle as it opens up the club to receive much needed further investment to support the playing and commercial elements of the business. The board is committed to sourcing and securing investment to ensure the club is best placed to remain in the SPL.

"Tonight's vote comes off the back of the excellent news that we will be allowed to play our home games in Inverness from 29th January and is a real shot in the arm for the club."