Touchstar announces it has agreed the sale of the trade and assets of its non-core business, On-board Retail, to Jon Hall, a director of the Company, for a consideration of £10,000 payable in cash on completion plus 15% of the gross revenue of certain contracts between completion and the second anniversary of completion. In addition, the Company will be retaining deferred income received in respect of certain On-board contracts amounting to £75,000. Also pursuant to the deal it has been agreed that Jon Hall will stand down as a director with immediate effect. The On-board business, previously sold and maintained software that facilitated the sales of in-flight duty-free, catering and ancillary products. Its value was fully written off in the Company's accounts for the year ended 31 December 2018. In the announcement of the Company's interim results in September it was reported that On-board was effectively a discontinuing activity and it has been in run off since.