IOT 0.00% 0.1¢ iot group limited

Is this done at an arm's length?What are the requirements...

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  1. 1,485 Posts.
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    Is this done at an arm's length?


    What are the requirements of management to announce their relationships to people involved in these transactions?


    OLD BEAMS LIMITED - Incorporated on 14th June 2018.

    Address: 130 Old Street, London, England, EC1V 9BD

    Director: MR TIMOTHY JOHN SOMMERS



    ASSET LINK GROUP LIMITED - Incorporated on 5th November 2018.

    Address: 130 Old Street, London, England, EC1V 9BD

    Director: MR TIMOTHY JOHN SOMMERS

    Director: MR IAN WILLIAM DUFFELL

    Director: MR SEAN PATRICK NEYLON



    Is this something Sean should disclose?


    It appears the "Old Beams Limited" actually is a shareholder of "Asset Link Group Limited" - Surely Sean would need to disclose the fact that they are dishing out shares to a company that owns shares in a company he also owns shares in and is also a director of?



    Also, what are they actually buying? A 3D render?




 
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