Oobedoo

Andrew Reeves made this Freedom of Information request to Development Bank of Wales plc

This request has been closed to new correspondence from the public body. Contact us if you think it ought be re-opened.

The request was successful.

Dear Finance Wales Public Limited Company,

Copy of any commitments made by Oobedoo regarding making Wales the centre of their commercial activity as a condition of getting an investment from Finance Wales.

Copy of any correspondence between Finance Wales & the company showing that FW is attempting to verify that those commitments are being fulfilled .

Yours faithfully,

Andrew Reeves

Beverley Downes,

1 Attachment

Dear Andrew,

 

I write to confirm receipt of your email on the 13^th of July and can
advise that we are reviewing your request. We aim to respond by the 10^th
of August 2015.

 

Yours sincerely,

 

Beverley Downes

Head of Services - Pennaeth Gwasanaethau

 

+44 (0)7919 324 606

+44 (0)29 2033 8176

 

[1]www.financewales.co.uk

[2]www.cyllidcymru.co.uk

 

[3]linkedinbutton

 

This email is confidential and is intended for the addressee only. If you
are not the addressee, please delete the email and do not use it in any
way. The Finance Wales Group may monitor outgoing and incoming emails and
other telecommunications on its IT systems. By replying to this email you
give your consent to such monitoring. 

 

Finance Wales plc is registered in England & Wales under number 4055414.

Finance Wales Investments Limited is registered in England & Wales under
number 1833687.

Registered office: 1 Capital Quarter, Tyndall Street, Cardiff, CF10 4BZ.

Finance Wales plc and Finance Wales Investments Limited are part of the
Finance Wales Group.  Details of the Finance Wales Group are available via
the following link [4]www.financewales.co.uk

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Beverley Downes,

1 Attachment

Dear Mr Reeves,

 

I refer to your recent request for information relating to Oobedoo Ltd in
which you requested:

 

“Copy of any commitments made by Oobedoo regarding making Wales the centre
of their commercial activity as a condition of getting an investment from
Finance Wales.

 

Copy of any correspondence between Finance Wales & the company showing
that FW is attempting to verify that those commitments are being fulfilled
.”

 

In response to your request I can advise that:

 

1.      With regard to commitments made by Oobedoo Ltd in relation to
location, the investment agreement between Finance Wales Investments Ltd
and Oobedoo Ltd contained the following clause:

“First Completion will not occur until the Investors have received, in
each case in form and substance satisfactory to it, the documents, items
and evidence that the Company is located in Wales;

2.      I can advise Finance Wales does not hold copies of correspondence
with Oobedoo on the subject of location. Finance Wales does however, hold
a copy of the lease for Oobedoo’s premises in Wales which was provided as
evidence in order to satisfy the terms of the investment agreement.

Your request has been considered according to the Freedom of Information
Act 2000 and principles set out in the National Assembly for Wales Code of
Practice on Public Access to Information the Code is published [1]here.

 

If you believe that Finance Wales has not applied the Code correctly or
has not followed the relevant legislation please contact me.  If you are
still not satisfied you may make a formal complaint to Finance Wales. 
Details of Finance Wales complaint procedure are available via e-mail from
[2][Finance Wales request email] or alternatively can be obtained by writing
to:-

 

Customer Services

Finance Wales

Oakleigh House

Park Place

Cardiff

CF10 3DQ

 

If you remain dissatisfied with the way that Finance Wales has dealt with
your request you are advised that you have a right to complain to the
Information Commissioner who can be contacted at:-

 

Information Commissioner’s Office,

Wycliffe House,

Water Lane,

Wilmslow,

Cheshire,

SK9  5AF

 

Yours sincerely

 

Beverley Downes

Head of Services - Pennaeth Gwasanaethau

 

+44 (0)7919 324 606

+44 (0)29 2033 8176

 

[3]www.financewales.co.uk

[4]www.cyllidcymru.co.uk

 

 

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References

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