PSC07Source stored · extraction verifiedFiled 6 Jul 2026 · 1 pages
Notice of founder PSC cessation
The filed notice used to date the end of the founder's registered control position.
Active at the evidence cutoffUnited KingdomVerified registry identity
Company evidence record
LIGHTNING SOCIAL VENTURES LTD
The reviewed Companies House filings identify LIGHTNING SOCIAL VENTURES LTD as UK company 12670000. Founder Ren Yi Hooi ceased to be its person with significant control on 1 July 2026. Louvre Bidco Limited became the registered controller on the same date with at least 75% of shares, at least 75% of voting rights and the right to appoint or remove directors. A related SH08 records 253,038 Preference shares and 3,125 B ordinary shares redesignated as ordinary shares, producing 256,163 equal-ranking ordinary shares at target level. The filings do not disclose the acquisition price, seller proceeds, holder-by-holder sale or rollover allocation, or whether any former shareholder retained economic exposure elsewhere in the buyer chain.
Evidence library
Documents behind the record
PSC02Source stored · extraction verifiedFiled 6 Jul 2026 · 2 pages
Notice of new corporate PSC
The filed notice identifying the acquisition vehicle and its registered ownership, voting and board-control bands.
SH08Source stored · extraction verifiedFiled 6 Jul 2026 · 2 pages
Notice of share redesignation
The transaction filing used to reconcile the former Preference and B ordinary classes into one ordinary class.
MASource stored · extraction verifiedFiled 6 Jul 2026 · 14 pages
Articles of association adopted 1 July 2026
The post-transaction constitutional document reviewed for the equal ordinary rights and parent-level director appointment framework.
Evidence boundary
What the filings establish, and what remains unresolved
Every finding stays tied to the reviewed documents. Transaction terms and ownership conclusions outside that record remain explicit limits.
Established by the record
- 01
Ren Yi Hooi ceased to be the company's person with significant control effective 1 July 2026.
- 02
Louvre Bidco Limited became the registered controller on the same date with at least 75% of shares, at least 75% of votes and the right to appoint or remove directors.
- 03
The SH08 records 253,038 Preference shares and 3,125 B ordinary shares redesignated as ordinary shares, for a resulting total of 256,163 ordinary shares.
- 04
The adopted articles give the resulting ordinary shares equal rights for voting, dividends and capital distributions at Lightning Social Ventures.
- 05
The founder's continuing director role is distinct from the registered ownership, voting and board-appointment rights transferred to the corporate controller.
Not established by the record
- 01
The reviewed filings do not disclose the acquisition price, enterprise value, equity value or holder-by-holder sale consideration.
- 02
The redesignation does not establish which former shareholders sold, rolled value, retained a minority interest or received another form of consideration.
- 03
The disappearance of the former Preference and B ordinary classes does not prove that any holder suffered an economic loss.
- 04
A continuing director role does not establish retained ownership, beneficial ownership or continuing control for the founder.
- 05
The target-company record does not establish the complete buyer-chain cap table, acquisition financing or any buyer-level management incentive allocation.
Related analysis
Lightning Reach's Sale Replaced Founder Control And Flattened Its Share Stack
UK filings show Lightning Reach's founder lost control on 1 July as a buyer took at least 75% of rights and converted 256,163 shares into one ordinary class.
Read the analysis