Some Rangers fans have been left delighted as the club officially issued them the shares they purchased following a recent share issue.

Gers fans and public investors were invited to buy shares from the club as part of a £6.75m share issue that ended last month.

The move would provide additional funding to the club but also give supporters the opportunity to own a part of Rangers and have a voting voice at AGMs in the future.

Marketed as an opportunity to invest in Rangers at a massively exciting time for the club, it’s no surprise there was plenty of interest from Gers fans.

It’s not clear just how much the Gers raised through the share issue but the club had hoped to raise the near £7m total by selling around 27m shares at 25p each [Tifosy].

For some fans on Twitter, they have now heard back about the shares and were delighted to get their own little slice of the club they hold so dear to their hearts.

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Rangers Managing Director Stewart Robertson went into greater detail regarding what the investment will directly support at Ibrox.

“Funds raised will be applied to projects designed to accelerate the financial sustainability of Rangers Football Club, including investing in the new Edmiston House multi-purpose venue, developments at Ibrox Stadium, the acceleration of Rangers’ digital transformation strategy and the club’s international expansion,” said Robertson [Rangers]

“As a club, we will continue to drive our brand in the European and international arenas.

Rangers v St. Mirren - Ladbrokes Scottish Premiership

Rangers fans are delighted to finally own shares in the Bears. (Photo by Willie Vass/Pool via Getty Images)

“We are indebted to our fan base both domestically and across the globe and know they are the foundation of all our future developments.”

One of the major aspects of Rangers’ development will be qualification for the Champions League but the club’s QR3 rivals have been handed a boost ahead of their upcoming tie.

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