Built Cybernetics plc

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Built Cybernetics plc has recently disposed of its subsidiary, Anders + Kern U.K. Limited, to Barrie Meehan, A+K's Managing Director, for a nominal sum. The disposal was deemed a related party transaction. A+K recorded a total comprehensive loss of £342,000 in 2024 and ended the year with a net liability position of £45,000. The business continued to make losses in 2025.

Built Cybernetics PLC has recently disposed of its subsidiary, Anders + Kern U.K. Limited, to Barrie Meehan, A+K's Managing Director. This transaction was necessary due to A+K's significant losses in recent years. The disposal was deemed a related party transaction and was consulted with the Company's nominated adviser to ensure fairness to shareholders. A+K recorded a total comprehensive loss of £342,000 in 2024 and ended the year with a net liability position of £45,000. The business continued to make losses in 2025.<br/><br/>Investors are encouraged to ask questions regarding this announcement via our investor hub. Built Cybernetics PLC is a London-quoted PropTech group specializing in Smart Buildings and related services. Our unique strategy positions us to generate scalable and recurring revenues for our investors. For more information and updates, subscribe to our news alert service on our website.<br/><br/>For any further details or inquiries, please contact us.

Built Cybernetics - Disposal of Anders + Kern U.K. Limited

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