Top Level Domain Holdings (LON:TLDH) shares are now up 4.46% (4.6% early in the morning) at the London Stock Exchange after the number of uncontested top level domains in which it has an interest rose by one to 25.
This was following a decision by The International Chamber of Commerce to make the International Rugby Board (IRB) the sole applicant for the top level domain .RUGBY; TLDH and Roar Domains LLC are the IRB’s joint venture partners for the .RUGBY domain.
The company is about to change its name to Minds + Machines Ltd.
This was the Top Level Domain Holdings Limited announcement today:
The Directors of Top Level Domain Holdings Limited (AIM:TLDH.L) are delighted to announce that the International Centre for Expertise of the International Chamber of Commerce (“ICC”) has upheld the Community Objections lodged by the International Rugby Board (“IRB”) against the two competing applications of dot Rugby Limited, and Atomic Cross, LLC for .rugby. As a result, the IRB is now the sole applicant for .rugby, taking the number of uncontested top level domains in which the Company has an interest to 25. The Company and Roar Domains, LLC are the IRB’s joint venture partners for .rugby.
Antony Van Couvering, CEO of TLDH, commented:
We applaud the ICC’s decision. The IRB is the world governing and law making body for the sport of Rugby Union and next year the IRB’s Rugby World Cup is expected to be broadcast to a global audience in excess of 4 billion. We now very much look forward to a smooth contracting and delegation process and likewise to establishing .rugby as the domain of choice for all those who are passionate about the sport whether at the playing, spectator or commercial levels.
The full text of the ICC’s Expert Determination can be viewed here.