CEO owns the domain names!20 May 2026 07:14
CEO Jason Drummond, owns the domain names new.co.uk and new.uk and has agreed to licence them to the Company for nil consideration for an initial period of six months. The provision of the domain licences constitutes a related party transaction for the purposes of AIM Rule 13. The directors of the Company, with the exception of Jason Drummond, having consulted with Cairn Financial Advisers LLP, the Company's nominated adviser, consider that the terms of the transaction are fair and reasonable insofar as the Company's shareholders are concerned.
At the end of six months, the Company will have the option to acquire the domain names...