Feeds

Hi-Grade offers UK journos share options

Wanna buy into our company? Don't worry about ethics

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

PC manufacturer Hi-Grade has offered a number of UK IT journalists the chance to buy into a private float of the company.

A form from the finance director of Hi-Grade, Mr Pouliss, offered you the chance to buy up to 1,000 shares in a private Cyprus flotation. Shares will be valued at CY£1.00 (or £1.10 sterling). A cheque for the required amount "should either be posted or delivered by hand to the finance director". Oblivious to the ethical considerations, we decided to give Mr Pouliss a call to find out more.

He seemed a little confused and suggested we meet in person. However, the float in Cyprus is down to "the background of the main shareholders in the company" and apparently there are a few tax benefits as well. It will also be a quicker float than on a UK stock market.

No, there is no real reason why Hi-Grade would want a fast float and this is just the first step - a bigger float is planned in the UK at a later date. Mr Pouliss wasn't in a chatty mood so we let him go.

Offering IT journos the chance to buy into an IT company may be seen by many as slightly unethical (only if they accept - Ed). But we're having none of it, although to get good reviews we would need a discounted price.

We would also like to point Hi-Grade to our PR Tariff where it can get better value for money coverage. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Holy vintage vehicles! Earliest known official Batmobile goes on sale
Riddle me this: are you prepared to pay US$180k?
Criticism of Uber's journo-Data Analytics plan is an Attack on DIGITAL FREEDOM
First they came for Emil – and I'm damn well SPEAKING OUT
'It is comforting to know where your data centres are.' UK.GOV does NOT
Plus: Anons are 'wannabes', KKK says, before being pwned
'Open source just means big companies can steal your code.' O RLY?
Plus: Flame of the Week returns, for one night only!
NEWSFLASH: It's time to ditch dullard Facebook chums
Everything hot in tech, courtesy of avian anchor Regina Eggbert
Hey, you, PHONE-FACE! Kickstarter in-car mobe mount will EMBED your phone into your MUG
Stick it on the steering wheel and wait for the airbag to fire
Bible THUMP: Good Book beats Darwin to most influential tome title
Folio Society crowns fittest of surviving volumes
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.