Current ownership status of Halton Borough Transport.

The request was successful.

Dear Halton Borough Council,

Good afternoon.

Please can you confirm if you currently own all 430,100 shares of Halton Borough Transport?

I have seen older documents from 2015 which state that you own 430,099 shares of it and that Colin Stafford owns the other 1 share of it. However newer documents from 2018 show that you own all 430,100 shares of it.

This would make it appear that Colin Stafford has given up his one share. However Halton Borough Transport are refusing to answer FOI requests as they claim that they are not fully owned by you. So this makes me wonder if Colin Stafford does in fact still have 1 share.

Could you please confirm the current situation with this? Do you now currently own all 430,100 shares? Or does Colin Stafford still currently have 1 share and you only own the other 430,099 shares?

Many thanks.

Yours faithfully,

Simon Andrews

Halton Borough Council

Dear Sir/Madam

Thank you for your enquiry. The enquiry has been logged on our FOI tracking system and is being dealt with.

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Please use [Halton Borough Council request email] for any further correspondence.

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Ed Dawson, Halton Borough Council

Dear Mr Andrews

 

Many thanks for your request below under the Freedom of Information Act,
the answer to which is as follows.

 

The Council is the beneficial owner of all 430,100 shares in Halton
Borough Transport Limited. However, the rules which applied at the time
required a company to have at least two shareholders. Therefore, the
Council allows the Managing Director to hold one share (as legal owner)
but it is subject to a trust deed whereby they hold the one share in trust
for the Council.

 

Thanks

Ed Dawson

 

Operational Director, Finance

Halton Borough Council, 6^th Floor, Municipal Building, Kingsway, Widnes,
Cheshire, WA87QF

 

Request Id : 7142

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Information Requested : Dear Halton Borough Council,

Good afternoon.

Please can you confirm if you currently own all 430,100 shares of Halton
Borough Transport?

I have seen older documents from 2015 which state that you own 430,099
shares of it and that Colin Stafford owns the other 1 share of it. However
newer documents from 2018 show that you own all 430,100 shares of it.

This would make it appear that Colin Stafford has given up his one share.
However Halton Borough Transport are refusing to answer FOI requests as
they claim that they are not fully owned by you. So this makes me wonder
if Colin Stafford does in fact still have 1 share.

Could you please confirm the current situation with this? Do you now
currently own all 430,100 shares? Or does Colin Stafford still currently
have 1 share and you only own the other 430,099 shares?

Many thanks.

Yours faithfully,

Simon Andrews

• This email is from Halton Borough Council. It is intended for the
indicated addressees only and shall be confidential. If this email has
come to you in error you must not disclose it or its contents or take any
action based on it, nor must you copy it to anyone; If received in error
please inform us immediately quoting the name of the sender and the email
address to which it has been sent from and then please delete it. • Please
note that this message has been created in the knowledge that Internet
e-mail is not a 100% secure communication medium. We strongly advise that
you bear this in mind and act on it when sending or receiving e-mail. •
This communication does not, unless expressly indicated by the sender in
the body of the message, create or modify any contract. • Although this
e-mail and its attachments are believed to be clear of any virus, it is
the responsibility of the recipient to ensure that the email message and
any attachments are scanned to ensure that they do not carry any such
virus. Please note that neither Halton Borough Council nor the sender
accepts any responsibility for viruses or any loss arising from them. •
Halton Borough Council does not accept liability for any statements made
which are clearly the senders own personal views and are not expressly
made on behalf of Halton Borough Council. • The information contained in
this email may be subject to public disclosure under the Freedom of
Information Act 2000 or other legal duty. Unless the information is
legally exempt from disclosure, the confidentiality of this email AND YOUR
REPLY cannot be guaranteed. • Halton Borough Council is the Data
Controller for Data Protection legislation in relation to any personal
information shared within this email or attachment which has been
collected and processed by the Council. Privacy notices can be viewed at
http://www.halton.gov.uk/privacynotices

References

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1. mailto:[FOI #527045 email]

Dear Ed Dawson,

Many thanks for the information.

Yours sincerely,

Simon Andrews