- 14 Mar 2019
Date received: 20 Feb 2019
Date responded: 14 Mar 2019
Please provide a copy of the Warrant Instrument referred to in the Subscription and Shareholders Agreement between Scottish Ministers, Ferguson Marine Engineering (Holdings) Limited and Clyde Blowers Capital Fund III LP.
I enclose a response to your request.
While our aim is to provide information whenever possible, in this instance we are unable to provide some of the information you have requested because exemptions apply under FOISA. These exemptions are explained further in the Annex.
REASONS FOR NOT PROVIDING INFORMATION
Exemptions apply, subject to the public interest test
An exemption under section 33 (1(b)) of FOISA applies to some of the information you have requested because it relates to commercial information that may prejudice the company.
This exemption is subject to the 'public interest test'. Therefore, taking account of all the circumstances of this case, we have considered if the public interest in disclosing the information outweighs the public interest in applying the exemption. We have found that, on balance, the public interest lies in favour of upholding the exemption. We recognise that there is a public interest in disclosing information as part of open, transparent and accountable government, and to inform public debate. However, there is a greater public interest in high quality policy and decision-making, and in the properly considered development and implementation. This means that Ministers and officials need to be able to consider all available options and to debate those rigorously, to fully understand their possible implications.
The Scottish Government is committed to publishing all information released in response to Freedom of Information requests. View all FOI responses at http://www.gov.scot/foi-responses.
Please quote the FOI reference
Central Enquiry Unit
Phone: 0300 244 4000
The Scottish Government
St Andrews House