8 hours ago
Wests Group members back Knights acquisition
The board of The Wests Group is pleased to confirm the results of the recent plebiscite, in which Wests members were invited to vote on the proposition that The Wests Group acquire 100 per cent of the share capital of the Knights Rugby League Club.
A total of 13,635 Wests members voted, with 93 per cent voting yes.
A further 212 members emailed or mailed the board with their thoughts and voting intentions. While this correspondence could not be included in the official vote count, it has been assessed by the board and the vast majority was supportive of the resolution.
The Wests board would like to thank all members who took the time to vote and correspond with us about this matter.
Given the overwhelming support for the acquisition of the Knights, The Wests Group will now commence a transition period to complete all outstanding due diligence requirements in preparation for full ownership to commence on November 1, 2017.
Two clubs. One bright future.