This register of interests was published on Wednesday, 28th February, 2024, 3.14 pm.
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: Director |
New Spring Holdings Ltd (NSHL) |
PERSONAL: Trustee |
Create Health Foundation (Charity) |
PERSONAL: Director |
Create Impact Ventures Limited |
PERSONAL: Board Member (unpaid) |
Capital City Group |
PERSONAL: Local Authority Governor (unpaid) |
Thornhill Primary School |
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 |
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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 |
|
None | None |
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). NSHL makes venture capital investments either directly or via its subsidiary Create Impact Ventures Ltd, 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.
|
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. |
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6. Do you or a relevant person have any Corporate/Business tenancies?
Address/Description of Property |
Nature of Interest in Property |
None | None |
7. Do you or a relevant person have any Licences to occupy land?
Address/Description of Land |
|
None | None |
8. Do you hold membership of Trade Unions or Professional Associations?
Name of Body |
Name of Body |
GMB |
|
Unison |
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