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Below are some of the most frequently asked questions about the ShareSave scheme. If you have a question that isn't listed here, then please contact us using the link in the top menu and we'll get back to you as soon as we can.
1: What is Share Save?
2: What is GerSave?
3: Do I have to be a member of the RST before I can join GerSave?
4: Why should I join GerSave?
5: How much will it cost me to join GerSave?
6: What happens to my money?
7: What is the difference between buying new shares and buying shares through a broker?
8: Who owns the shares in Rangers just now?
9: What do David Murray and Rangers think about GerSave?
10: How much money can be raised?
11: What will my money be used for once it goes to Rangers?
12: Is my money safe?
13: How much will the shares cost?
14: So should I not just buy shares through a broker?
15: Can I get my money back?
16: So I might lose money if the shares are worth less than 59.5p when I ask for my money back?
17: How does the RST benefit from my money?
18: Can I attend and vote at the Rangers AGM?
19: How do I join the RST?
20: How do I join GerSave?
21: The GerSave application asks for a “reference”. What is this?
22: I am overseas, can I join?
Please note that there is also another Trust FAQ which one can find more general questions and answers about the RST as a whole.
1: What is Share Save?
It is a way that members of the Rangers Supporters Trust (RST) can pay money each month to buy shares in Rangers.
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2: What is GerSave?
It is the same as Share Save – the nickname, if you like.
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3: Do I have to be a member of the RST before I can join GerSave?
Yes.
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4: Why should I join GerSave?
The RST want the Rangers fans to own enough shares in Rangers so that the fans can have a say in what happens to the club in the future. None of us want a foreign millionaire buying Rangers to use as his personal plaything.
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5: How much will it cost me to join GerSave?
The minimum is £10 per month. But you can leave the scheme whenever you want.
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6: What happens to my money?
Your money will be used to buy shares in Rangers. These will preferably be new shares issued by the club so the money will go directly into Rangers.
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7: What is the difference between buying new shares and buying shares through a broker ?
If you buy shares through a broker it is an existing shareholder that is selling their shares and that person will get your money. Buying new shares means that your money goes directly to Rangers.
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8: Who owns the shares in Rangers just now?
David Murray and his companies own about 91% of the shares. That means that there are few shares available on the market to buy through brokers, so it can be difficult and slow to buy that way.
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9: What do David Murray and Rangers think about GerSave?
They are supportive of the scheme. The finance director of Rangers said at the time: “The club is 'supportive of the scheme and of the aim to widen the share ownership of the Club'.”
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10: How much money can be raised?
Through the recent rights issue shares that were made available this could be initially £5.6M, with aspirations to grow further. £5.6m represents about 5% of the shares in the club and if everyone inside Ibrox joined and paid only £10 per month – this would be our £5.6M every year.
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11: What will my money be used for once it goes to Rangers?
It is up to the fans to decide. The money might go towards a museum, to a youth programme, to new players, or to something else. There will be a vote to decide.
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12: Is my money safe?
The shares that are bought with your money will be held safely by the administrators of the scheme on your behalf. As for the shares themselves, all shares carry a degree of risk and can go down as well as up in value. If unsure you should contact your financial advisor.
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13: How much will the shares cost?
The shares will cost 59.5p each.
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14: So should I not just buy shares through a broker?
Brokers will charge you a fee so it is not worth buying £10 of shares a month. And it is very unlikely that fans will put aside £10 a month then spend that £120 on shares at the end of the year. We might say we will, but we all know that it will never really work out that way! Also, the shares through GerSave are new shares with the money going directly to Rangers, not into the pocket of an existing shareholder.
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15: Can I get my money back?
You can leave at any time. You will then get back the value of your shares at that time - either the shares themselves or the money that they are then worth.
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16: So I might lose money if the shares are worth less than 59.5p when I ask for my money back?
Yes. But you might also get more back if the shares are worth more than 59.5p.
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17: How does the RST benefit from my money?
The more money that is raised through GerSave, the more shares that are bought and the more say we, the fans, have in the direction the club is going. If we go to the club and say: “look, we have £1m here for you” the club will want to listen to what we, the fans, have to say.
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18: Can I attend and vote at the Rangers AGM?
Yes. Every RST member gets one share in Rangers which they can hang proudly on their wall! This share lets you attend and vote at the Rangers AGM. All the other shares bought with your GerSave money are yours, but the administrators of GerSave will pool all the votes of these shares together and vote at the Rangers AGM the way the RST members as a whole say we should vote.
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19: How do I join the RST?
You can join online here. Or you can print out an application form and send it by post.
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20: How do I join GerSave?
You can print out an application form and send it by post.
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21: The GerSave application asks for a “reference”. What is this?
This is your RST membership number. If you don’t know it, or if you are joining both the RST and GerSave at the same time, leave it blank and we will fill it in for you.
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22: I am overseas, can I join?
We are working on a way to let you join and hope to have this in place in the near future. Send us an email using the "Contact Us" link at the top of the page and we will keep you informed.
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LEGAL DISCLAIMER: The contents of this website in relation to the Rangers Supporters Trust Share Save Scheme are the responsibility of the Trust and have been approved solely for the purposes of Section 21 of the Financial Services Market Act 2000 by Direct Sharedeal Ltd, 2nd Floor, 4 West Regent Street, Glasgow G2 1RW. Direct Sharedeal Ltd is authorised and regulated by the Financial Services Authority (No.188753).
RISK DISCLAIMER: Supporters should be aware the value of the shares can go down as well as up and that past performance is no guide to future performance. Your shares in Rangers PLC may not be readily realisable and may be difficult to sell or to obtain reliable information on their value.
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