Statement by Reform UK Chairman Zia Yusuf

"We are pleased to announce that, as promised, Nigel Farage has handed over ownership of Reform UK to its members.

"Reform UK is now a non-profit, with no shareholders, limited by guarantee.

"We are assembling the governing Board, in line with the constitution.

"This was an important step in professionalising the party.

"We will soon have more exciting announcements about Reform UK as we prepare for government."

ENDS/

Notes to editors: Reform UK has today officially democratised and the new constitution has now come into effect.