Following our excellent, united AGM Napo members have returned to the final weeks of the TR campaign to stop the share sale.
Below is a summary of current activity and an outline of our understanding of the competition process.
Napo have received clarification from numerous sources inside the process, including from bidders and Michael Spurr himself, that the last published timetable remains in place. Rumours and local misdirection to the contrary are inaccurate.
We expect:
1. Local preferred bidders to be announced as scheduled between 24th and 31st October. Napo is preparing strong local, regional and national responses for release in parallel with announcements.
2. A period of negotiation known as due diligence will then take place over the following 5-8 weeks. This takes place before contracts are signed. NOMS assert that contracts will be signed towards the end of December.
Napo continue to prepare for a potential legal challenge as detailed at the AGM and since. Members have responded brilliantly to our request for support. Conversations are ongoing with sister unions about supporting any potential challenge. A full assessment in regard to the potential success of a legal challenge will be presented to Officers and Officials of all unions by the end of this week. Action, if the advice is positive would commence shortly afterwards. This timetable wouldn't be impacted by any acceleration of the sell-off timetable, although we stress this does not appear to be the case at present.
Napo Officers and Officials want to thank all members for their response to our calls for support throughout this long campaign. We have again, since the AGM, seen the advantage of being an open, accessible union. It is now important that energy and resource are well directed, our nerve and discipline holds and we continue to show Unity in Napo.
Yours sincerely
Napo Officers & Officials