Tricuro Local Authority Trading Company Transfer of Shares

January 10, 2024 Cabinet (Cabinet collective) Key decision Approved View on council website
Full council record
Purpose

To seek approval for the transfer of Dorset
Council's share in Tricuro, leaving BCP Council as the sole
shareholder in the company.

Content

RESOLVED that
Cabinet approved the transfer of Dorset Council’s share in
Tricuro for the sum of
£350,000.
Voting: Unanimous
Portfolio Holder: Health & Wellbeing
Reason
The transfer or
allocation of Tricuro shares is a
reserved matter, under the Shareholder Agreement and therefore
requires Cabinet approval. The result of this decision would be for
BCP Council to be the single shareholder in Tricuro.

Supporting Documents

Tricuro Local Authority Trading Company Transfer of Shares.pdf

Details

OutcomeRecommendations Approved
Decision date10 Jan 2024
Subject to call-inYes