The following explains how the nominee structure for Brickowner works:
All investments through the Brickowner investment platform are held by an FCA-regulated nominee. The nominee holds the legal ownership of each investment on behalf of the investors.
Using a nominee helps to ensure that the administration around investment ownership is correct, and reduces the administrative work required when you buy and sell on the Brickowner secondary market.
As an investor, you benefit from all the economic interests as the ultimate beneficial owner. The nominee used to hold these shares is WCS (Property) Nominees Limited which is an associated company of Woodside Corporate Services Limited (FRN 467652), which is directly authorised by the FCA to act in this capacity.