On the contrary. Those who bought community shares own the Trust. The only people who can be legally forced to leave the AGM are the Trust members who don't own community shares. I hope they won't be.excessbee wrote: May 22nd, 2023, 10:39 pmThat makes sense really, as those who purchased Community shares would have to leave the meeting when the AGM was about to start. It's a much more clear demarcation between Trust members (and historical shareholders) and those whose sole financial commitment may be just £50 (important as that was at that critical time).pembsexile wrote: May 22nd, 2023, 8:05 pm I initially thought this meeting was immediately before the AGM. It seems though that they haven’t set the date for the AGM yet.
Community Share contributors can have their say at this meeting ,but not a vote on motions at the AGM. At least that's my interpretation of the separation of the two meetings.
But an AGM is an annual general meeting of shareholders, not of members. You can be a member of a private gym, it doesn't make you a shareholder/owner.
Incidentally, Newport AFC as they are still constituted are still the controlling body. The Trust are the major but not only shareholder.