Ubico Shareholder Agreement amendment (August 2025)
September 25, 2025 Deputy Leader - Finance, Assets & Transformation (Cabinet member) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to ensure clarity regarding shareholder voting arrangements post Local Government Reorganisation, the Deputy Leader approved the recommended amendment (Option 1 in the exempt report) to the UBICO Shareholder Agreement.
Full council record
Purpose
To give Cllr Hay as the GCC Shareholder
representative for Ubico Ltd the authority to approve the amendment
to the Shareholder Agreement detailed in the report.
Decision
That the Cabinet Member for Finance, Assets
and Transformation rejects the alternative options and takes the
recommended decision to:
Approve the recommended amendment to the UBICO
Shareholder Agreement – Option 1 in the exempt report
(Appendix 3).
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 25 Sep 2025 |
| Subject to call-in | Yes |