Shareholders of the club have now started to receive notice of an Extraordinary General Meeting of the football club to be held on Thursday, August 28, 2025.
The purpose of the meeting is to receive resolutions to adopt a new set of Articles for the company and to approve a new share issue. A set of the recommended new Articles is available for review here.
Please note that only shareholders (by shareholders we mean individual shareholders in the club, and not those who bought community shares via the Trust) are entitled to attend the meeting.
There are two resolutions to be put to the meeting. The first is for the adoption of a new set of Articles of Association. The second is for agreement to issue new shares to current and new investors.
By way of background, the original Articles of Association date back (other than with some minor modifications passed in June 2023) to the company’s formation in 1989 when the football club was reborn. The new set of recommended Articles are consistent with best practice set out in the Model Articles for Private Companies Limited by Shares, with the inclusion of certain clauses required by the Football Association and the English Football League. Adoption of the new Articles will bring us up to date.
Like other football clubs, the club is constantly looking to attract new investment and appropriate new investors. Article 22 of the proposed new Articles will grant the company the right to issue new shares to current and new investors as the opportunity arises. The second resolution proposes a new share issue to enable us to secure new investment in the future if required.
Notices were dispatched to shareholders on July 31, together with a Proxy vote option. If you are a shareholder (by shareholders we mean individual shareholders in the club, and not those who bought community shares via the Trust) and have not received your notice by August 11, please contact the club office on office@newport-county.co.uk to check that we have your current address and details. Mark your email ‘Shares’.