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Register of interests

Councillor Praful Nargund

I, Councillor Praful Nargund a Member of the London Borough of Islington give notice that I have the following financial interests. Where indicated the interest relates to a relevant person, including a family member, partner or close relative.

1. Please state your employment or business carried out or any Partnerships or Directorships held by you or a relevant person?
Nature of employment activity Name of employer or body and position held
PERSONAL: Managing Director CREATE Fertility (Create Health Holding Ltd, Create Health Ltd, Vitanova Aps, Create Health Global Ltd, Create Fertility Ltd).
PERSONAL: Director New Spring Holdings Ltd
PERSONAL: Trustee Create Health Foundation (Charity)
PERSONAL: Director Create Impact Ventures Limited
WIFE: Employed by Create Fertility CREATE Fertility (Create Health Holding Ltd, Create Health Ltd, Vitanova Aps, Create Health Global Ltd, Create Fertility Ltd).
2. Do you receive payments to carry out your duties other than from the Council or towards election expenses ?
Name of Person or Body making Payments
The Labour Party
3. Do you, a relevant person or an organisation in which you have a position of influence, have any contracts with the London Borough of Islington?
Description of Contract
4. Do you or a relevant person, have any significant interests in companies and securities?
Name of Company Nature of interest / Percentage of shareholding
New Spring Holdings Ltd I own a minority shareholding in New Spring Holdings Ltd (NSHL) which is a Family Investment Company primary owned by another family member. NSHL makes venture capital investments under the trading name 'Create Impact Ventures'. I am part of the investment committee for this purpose. In addition, there is a public market investment portfolio which has the following restrictions - no tobacco, weapons, coal, oil or gas. It is otherwise a discretionary mandate and I have no control over investment content or decision making in the portfolio.
Create Health Holding Ltd -
Create Health Global Ltd -
Inception Midco S A R L - NSHL Minority shareholder in the company which owns Create Health Holdings Ltd
Bloobloom Ltd Minority shareholder. My shares are held by Create Impact Ventures Ltd as nominee.
5. Do you or a relevant person have land or property in Islington?
Address/Description of Land Nature of Interest in Land
This is a Sensitive Interest, the details of which are withheld under Section 32 of the Localism Act 2011. -
6. Do you or a relevant person have any Corporate/Business tenancies?
Address/Description of Property Nature of Interest in Property
7. Do you or a relevant person have any Licences to occupy land?
Address/Description of Land
8. Do you hold membership of Trade Unions or Professional Associations?
Name of Body Name of Body
Unison -