The Directors of Minds + Machines Group Limited (AIM:MMX) are delighted to announce that following the private auctions held last week for .deals, .garden, .property and .yoga, the Company has secured the uncontested application rights for .garden and .yoga.
The net cost to the Company for securing the sole application status for .garden and .yoga was approximately $5.97 million (circa £3.6 million), once the proceeds of the .deals and .property private auctions are taken into account.
The above figure includes the rebates that the Company will receive from ICANN for withdrawing its applications for .deals and .property and commissions payable to the auctioneer.
The Directors believe that Minds + Machines’ current portfolio of 28 uncontested applications in which it now has a commercial interest is one of the leading portfolios to have been developed through the new gTLD program
The Losing applicant of .Garden was Uniregistry.
The Losing applicants of .Yoga were Uniregistry and Donuts
The Winning Applicant for .Deals was Donuts with Radix also withdrawing their application
The Winning Applicant for .Property was Donuts