Important Information | SIA Group | Sale of Complete Contents of Oxford Packaging Solutions Limited - A leading manufacturer of plastic bottles and containers, within the UK

SIA GROUP - IMPORTANT NOTICE TO BIDDERS

SPECIAL CONDITIONS OF SALE RELATING TO THE SALE OF THE COPLETE CONTENTS OF OXFORD PACKAGING SOLUTIONS LIMITED – A LEADING MANUFACTURER OF PLASTIC BOTTLES AND CONTAINERS, WITHIN THE UK

Viewing

Viewings will be STRICTLY by appointment and will be accompanied by SIA Group representatives. Viewings will be booked for groups of two maximum, and we would like to know the specific lots you wish to view. We have included detailed images and descriptions of each lot in our auction. However, should you have any enquiries regarding any of the lots in this sale, please submit these as soon as possible by e-mail to auctions@sia-group.co.uk

Clearance/Collection of lots

Collections will be strictly by appointment only, we will give you a 30 minute time slot for your collections (please note, more time may be allocated if we feel it necessary due to the Lot(s) purchased in particular the machinery Lots, if you do not make an appointment or miss the agreed time slot you will not have access to your lots until further arrangements have been arranged and agreed.

The only exception to this will be purchasers of Lots which will need to be dismantled/removed by the purchaser on a strict appointment only basis. If you are interested in purchasing any of these lots, please see the individual lot descriptions for details on who to contact to discuss these arrangements.

Details of how to make an appointment to arrange collection will be supplied by email and will accompany your auction invoice.

Anyone who arrives without a prior collection appointment may be refused access to the site.

Couriers

Successful buyers are welcome to organise their own couriers. We are happy for you to choose to use this option, then we ask that all courier information will need to be supplied by email. Please note it is likely that not all our auction locations will have packaging materials and couriers may have to pack the item, this can be confirmed with the auctioneer and will also be subject to the lot(s) you have purchased.

Machine De-Commissioning/Moving

If a machine removal Company is to be instructed to act on your behalf in uplifting/removing your equipment from site, we shall require your written confirmation in advance of the name of the Company you have nominated and their contact details. They should also be issued with written instructions from you which they should bring with them on collection detailing which lots they are collecting. Collection to be arranged strictly by prior appointment.

SPECIAL CONDITIONS OF SALE

1. These Special Conditions of sale should be read in conjunction with the General Conditions of Sale for Online Auctions posted within the online auction listing at https://auctions.sia-group.co.uk/auctions

2. VIEWING: Viewings are TBC and will be STRICTLY by appointment on Wednesday 3 April 2024 10:00am and 4:00pm at the following location SIA Group Ltd c/o Oxford Packaging Solutions Limited, Irton House, Warpsgrove Lane, Chalgrove, OX44 7TH.

Viewings will be booked for groups of two maximum, and we would like to know the specific lots you wish to view.

Please see individual lots for further information.

N.B. The Auctioneers hereby specifically exclude liability for any accident or injury, howsoever arising, sustained by any person or persons who may attend at the premises for the purpose of the auction, inspection, purchase, collection or any other business.

3. SALE CLOSES: From 12:00 GMT Wednesday 10 April 2024. Please note that in the event of a bid being received within 10 minutes of the scheduled closing time, the bidding period on that lot will automatically extend by a further 10 minutes. IMPORTANT: PLEASE NOTE THAT WHEN BIDDING DO NOT FORGET TO REGULARLY REFRESH YOUR SCREEN TO ENSURE YOU ARE AWARE OF ALL CURRENT BIDS.

4. REGISTRATION: To register for this sale please click on the 'bidspotter' link or visit bidspotter.co.uk and click on the appropriate SIA GROUP sale.

5. BUYERS PREMIUM: The successful bidder will pay 15% plus VAT Buyer’s Premium in addition to the Hammer Price.

6. VALUE ADDED TAX (VAT) will be charged at 20% on both the hammer price and the Buyer’s Premium. Any exceptions to this will be noted against the Individual Lot. Purchasers from overseas should note that the VAT on the Buyer’s Premium is not recoverable.

7. VALUE ADDED TAX ON GOODS FOR EXPORT: Buyers from within the European Union who produce full details of their trading name and address and VAT registration number at the time of registration will not pay VAT on the hammer price of the goods but will pay VAT on the buyer’s premium. Buyers from outside the European Union will pay VAT upon the hammer price and the buyer’s premium. If the purchaser subsequently produces documentary evidence of permanent export from the United Kingdom within 3 months from the date of sale, then the VAT on the hammer price only will be refunded. Satisfactory documentary evidence will include Certified Bill of Lading, Commercial Invoice and Packing List.

8. PAYMENT: Payment is required IMMEDIATELY by 12:00 noon on Thursday 11 April 2024 upon receipt of invoice unless alternative arrangements have been made with the Auctioneers prior to the sale. We accept payments by BACS / CHAPS paid directly into our Clients Account. Payment details as follows:

Account Name: SIA GROUP Asset Ingenuity Ltd Client Account

Ref: OXF – followed by the first 6 digits of the invoice number

National Westminster Bank plc, 8-11 Pavilion Buildings Castle Square, Brighton, BN1 1DP

Sort Code: 60 30 09

Account No: 27275787

IBAN: GB67NWBK60300927275787

BIC: NWBKGB2L

For Payments from outside of the UK, please ensure your payment includes any necessary bank charges in order that the auctioneer receives the full hammer price, buyer’s premium and any applicable taxes. Failure to send the correct monies will result in delays in collection and may mean the goods are sold elsewhere.

Important Notice - Money Laundering Regulations 2012 - Please note that in order to comply with the Money Laundering Regulations we are unable to accept cash payments in excess of £12,000 (€15,000).

Cheques are not accepted. Bankers draft are accepted with prior approval.

9. TRANSFERS: SIA GROUP will not recognise the sale of accounts (or parts of accounts) to third parties and we will only accept payment from and allow removal of items by the successful bidders themselves or their appointed agent.

10. PURCHASE OF GOODS THROUGH A FINANCE COMPANY: Please notify us well in advance of the sale if you are intending to purchase though a finance company. This is to ensure that the Finance Company is able to make payment in accordance with the General & Special Conditions of Sale.

11. REMOVAL OF LOTS: The goods are at the risk of the Buyer immediately upon receipt of invoice from the Auctioneers and should be removed as soon as possible for security reasons. All removals are to be completed STRICTLY by appointment only from Monday 15 April 2024 to Friday 26 April 2024 9:00am and 4:00pm excluding weekends.

Please see individual lot descriptions for further information.

12. ALCOHOL: All alcohol is sold under SIA Group's AWRS Reference No: (URN): XJAW00000110795

13. General Sales Information: Contact details below:

SIA GROUP Asset Ingenuity Ltd

Enterprise House

Ocean Village

Southampton

Hampshire

SO14 3XB, United Kingdom

Contact Details:

Auctions Line

Giorgia Craig