RANGERS are being investigated by a London-based stock exchange for allegedly failing to disclose new owner Craig Whyte's previous directorship ban.

PLUS-SX, which the Ibrox club trades on, requires firms to announce whether any new directors have been disqualified from “acting in the management or conduct of the affairs of a company”.

Sanctions for breaching the rule can include a fine of up to £100,000 and firms not being allowed to trade shares on the exchange.

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