Feeds

Hi-Grade offers UK journos share options

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

  • alert
  • submit to reddit

Internet Security Threat Report 2014

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. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook's Zuckerberg in EBOLA VIRUS FIGHT: Billionaire battles bug
US Centers for Disease Control and Prevention contacted as site supremo coughs up
Space exploration is just so lame. NEW APPS are mankind's future
We feel obliged to point out the headline statement is total, utter cobblers
FedEx helps deliver THOUSANDS of spam messages DIRECT to its Blighty customers
Don't worry Wilson, I'll do all the paddling. You just hang on
Down-under record: Australian gets $140k for pussy
'Tiffany' closes deal - 'it's more common to offer your wife', says agent
Internet finally ready to replace answering machine cassette tape
It's a simple message and I'm leaving out the whistles and bells
The iPAD launch BEFORE it happened: SPECULATIVE GUFF ahead of actual event
Nerve-shattering run-up to the pre-planned known event
Win a year’s supply of chocolate (no tech knowledge required)
Over £200 worth of the good stuff up for grabs
STONER SHEEP get the MUNCHIES after feasting on £4k worth of cannabis plants
Baaaaaa! Fanny's Farm's woolly flock is high, maaaaaan
Boffins who stare at goats: I do believe they’re SHRINKING
Alpine chamois being squashed by global warming
Swiss wildlife park serves up furry residents to visitors
'It's ecological' says spokesman, now how would you like your Bambi done?
prev story

Whitepapers

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.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
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 for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.