Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMMX.L Regulatory News (MMX)

  • There is currently no data for MMX

First private auction participation

12 Aug 2013 07:00

RNS Number : 4313L
Top Level Domain Holdings Ltd
12 August 2013
 



For Immediate Release

12 August 2013

 

 

Top Level Domain Holdings Limited

("TLDH" or the "Company")

 

First private auction participation

 

The directors of Top Level Domain Holdings (AIM: TLDH) are pleased to announce that the Company will be participating in four private auctions starting Tuesday, 13 August for the contested strings  .GUIDE, .CASA, .("web address" in Chinese) and .FISHING. In each instance the Company will be bidding against single competitors, there being just two companies participating in each of the four auctions.

 

Under the private auction format, if TLDH makes the winning bid it will secure the sole ICANN application rights to the name. If the single competitor makes the winning bid, TLDH will receive the cash bid less the auctioneer's fees.

 

Each private auction is expected to last for up to five days, with the results of the four auctions expected to be announced by the Company in the week commencing 19 August. Each auction is being managed by Innovative Auctions.

 

Antony Van Couvering, Chief Executive Officer of TLDH, commented: 

 

"We are delighted to be participating in our first round of private auctions. ICANN has encouraged contending applicants to come to private arrangements, and private auctions are one method for doing so. Our participation will enable us either to increase the number of our uncontested applications or receive a cash payment for those applications which receive bids that exceed the valuation we believe is appropriate. For rival applicants unable to reach agreement through private discussions, we view the private auction route as the method of choice given the benefits that can be delivered to all by participating."

 

Where competing applicants can not reach agreement either through private negotiations or private auctions, ICANN-sponsored auctions will take place with ICANN receiving the monies paid by the winning bidder.

 

Further Information:

 

Top Level Domain Holdings Limited

 

North America

Antony Van Couvering Tel:+1 310 452 1491

 

Beaumont Cornish Limited (Nomad) Tel:+44(0)20 7628 3396

Roland Cornish

Michael Cornish

 

N+1 Singer (Broker) Tel +44 (0)20 7496 3000

Shaun Dobson/Matt Thomas

 

gth media relations

Toby Hall /Suzanne Johnson Walsh Tel:+44(0)20 7822 7493/2

 

Or visit the group's website at www.tldh.org

 

About Top Level Domain Holdings Limited

Top Level Domain Holding is a publicly traded holding company listed on the AIM market of the London Stock Exchange. The company is the only publicly traded company exclusively focused on the new top-level domain space. Top-level domains, such as .com and .net are regulated by ICANN. ICANN is expanding the number of new generic top-level domains from the current 22 to over 1000. TLDH is making targeted investments in this space, focusing on both infrastructure technologies and specific top-level domains.

 

About Minds + Machines, http://mindsandmachines.com

Minds + Machines is a registry services provider that works internationally with commercial organisations, cities, not-for-profits and entrepreneurs to secure and operate new top level domains (TLDs). Minds + Machines is a wholly owned subsidiary of Top Level Domain Holdings Limited.

ENDS

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
STRBFLLFXVFZBBE
Date   Source Headline
12th Sep 20177:00 amRNSChina premium sales update
31st Aug 20177:00 amRNSChina licensing update, notice of interim results
17th Aug 20172:00 pmRNSDirector/PDMR Shareholding
26th Jul 20177:00 amRNSCompany Update: China and Strategic Review
12th Jul 20177:00 amRNSHolding(s) in Company
7th Jun 20177:00 amRNSPortfolio Update: .vip
25th May 20179:05 amRNSSecond Price Monitoring Extn
25th May 20179:00 amRNSPrice Monitoring Extension
25th May 20177:00 amRNSAdviser Appointment and Strategic Review
25th Apr 20177:00 amRNSFinal Results
19th Apr 20177:00 amRNSNew orders - US and Europe
6th Apr 201710:02 amRNSHoldings in Company
3rd Apr 20177:00 amRNS.vip and geographic gTLDs update
21st Mar 20177:00 amRNSBusiness Update and Notice of Results
14th Mar 201711:26 amRNSHolding(s) in Company
17th Feb 20177:00 amRNSAppointment Financial Communications Consultancy
2nd Feb 20177:00 amRNSGrant of Options and PDMR Notification
25th Jan 20177:00 amRNSTrading Update
21st Dec 20164:56 pmRNSResult of AGM
21st Dec 20167:00 amRNSAnnual General Meeting Statement
12th Dec 20165:01 pmRNSNotice of AGM
5th Dec 201610:27 amRNS.vip MIIT approval
28th Nov 201611:42 amRNSHolding(s) in Company
7th Nov 20167:00 amRNSPortfolio Update
1st Nov 20167:00 amRNSTotal Voting Rights
21st Oct 20162:30 pmRNSHolding(s) in Company
17th Oct 20167:01 amRNSHolding(s) in Company
17th Oct 20167:00 amRNSHolding(s) in Company
13th Oct 20167:00 amRNSHolding(s) in Company
12th Oct 20167:00 amRNSCompletion of Tender Offer & Subscription, TVR
11th Oct 20163:30 pmRNSHolding(s) in Company
4th Oct 201610:30 amRNSResult of Tender Offer & Subscription
21st Sep 20168:22 amRNSHolding(s) in Company
20th Sep 20167:01 amRNSProposed Tender Offer & Subscription
20th Sep 20167:00 amRNSInterim Results
13th Sep 20167:00 amRNSChange of Adviser and Notice of Results Update
28th Jul 20167:00 amRNSH1 Update and Notice of Interim Results
13th Jul 20167:00 amRNSCompliance with Market Abuse Regulation
20th Jun 20167:00 amRNSHolding(s) in Company
15th Jun 20169:05 amRNSDirector/PDMR Shareholding
7th Jun 20166:05 pmRNSHolding(s) in Company
7th Jun 20167:00 amRNS.vip update
3rd Jun 20163:25 pmRNSExercise of Warrants
27th May 20169:05 amRNSDirector's Dealing
26th May 20168:55 amRNSDirector's Dealing
23rd May 20167:00 amRNS.vip launch update
19th May 20168:31 amRNSDismissal of lawsuit
16th May 20167:00 amRNSGrant of options
13th May 20168:02 amRNSExercise of options
9th May 20169:50 amRNSDirector's Dealing

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.