TIDMRFC

RNS Number : 7121Z

Rangers Int. Football Club PLC

15 December 2014

15 December 2014

Rangers International Football Club plc

("Rangers" or the "Company")

Resignation of the Football Manager

The Company announces that Alastair McCoist, manager of the first team squad, has resigned. His service contract dated 28 December 2010, which was subsequently amended, has a 12 month notice period ("Notice Period"). The Directors will hold discussions with Mr McCoist to seek an amicable solution in the best interests of the Company, and expect to be in a position to make a further announcement before the end of the week. During the Notice Period, Mr McCoist's salary will increase significantly to GBP750,000 per annum.

For further information please contact:

 
 Rangers International Football   Tel: 0141 
  Club plc                         580 8647 
 David Somers 
 
 WH Ireland Limited               Tel: 020 7220 
                                   1666 
 Adrian Hadden / Tim Feather 
 
 Newgate Threadneedle             Tel: 020 7148 
                                   6143 
 Roddy Watt / John Coles 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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