HSLD Nominees Ltd would appear to the the Corporate equivalent of the Persons With Significant Control (PSC) for SMG - that’s Halifax Share Dealing Limited, effectively the Bank as creditor, with whom Stewart Milne was in last-ditch negotiations with to try to buy back SMG, according to media reports. Stewart Milne Group Holdings Ltd had 75% of the voting rights but crucially HSLD Nominees Ltd have more than 75% of the shares. Effectively, therefore the Bank owns most of SMG and also Stewart Milne Group Holdings Ltd.