An update to the Shareholder Committee

For the Hoople Ltd update and Cyber Quarter Limited update items on the agenda, the Chair proposed a vote that the meeting now move into private session.  This being due to the reports containing information relating to the financial or business affairs of any particular person (including the authority holding that information)

It was unanimously resolved that:

a)    under section 100(A)(4) of the Local Government Act 1972, the public be excluded from the meeting for the following item of business on the grounds that it involves the likely disclosure of exempt information as defined in Schedule 12(A) of the Act, and it is considered that the public interest in maintaining the exemption outweighs the public interest in disclosing the information.