The March Sale Saturday 2nd March 2019 9.30am
Nicholas Davies
Will Farmer
Director Silver, Jewellery and Collectables
Director Ceramics, Glass and Decorative Arts
nick@fieldingsauctioneers.co.uk
will@fieldingsauctioneers.co.uk
Mark Hannam
Andrew Mayall
Alison Snowdon
Senior Valuer and Auctioneer Collectables and Furniture
Valuer and Auctioneer Collectables and Furniture
Valuer and Auctioneer Ceramics and Textiles
mark@fieldingsauctioneers.co.uk
andrew@fieldingsauctioneers.co.uk
alison@fieldingsauctioneers.co.uk
William Lacey
Kayleigh Davies MNAVA
Rachel Houston-Holland
Picture Consultant
Valuer and Auctioneer General
Valuer and Auctioneer Asian Art
bill@fieldingsauctioneers.co.uk
kayleigh@fieldingsauctioneers.co.uk
rachel@fieldingsauctioneers.co.uk
Judith Woolgar
Ellie Bertram
June Emery
Accounts Manager
Administrative Assistant
Receptionist
judith@fieldingsauctioneers.co.uk
ellie@fieldingsauctioneers.co.uk
Lee Coldrick
Jay Tristram
Head Porter and Saleroom Assistant
Photographer and Porter
june@fieldingsauctioneers.co.uk
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5/6 4 5306 16 3PFN OKKPNQRH QI ,RLQFNC /PNGRKQRN GPEERR GOLK ROGI ?MQI IOLH BOMLQRH OLH @MJHRH HRGPNOQMPL= ROGI ?MQI QIR MLGMKRH 9 DON: QP@RQIRN ?MQI EM>R OKKPNQRH QI OLH RONJC QI ,RLQFNC GOLK QP MLGJFHR O 3JM@IQ 9ONN OLH 9ONN R5ODBJR 6 7
526 4 5/6
5366 4 5326 13 < -PCOJ #PFJQPL >OKR PE KIPFJHRNRH EPND ?MQI O EJONRH LRG: HRGPNOQRH AC / 9NP?L ?MQI IOLH BOMLQRH GOQQJR ?OQRNML@ O@OMLKQ O KFLKRQ K:C= KM@LRH= BNMLQRH DON:= IRM@IQ GD 516 4 5/6 1-
6&
12 ;?P JOQR QI ,RLQFNC 1OJPBMOL ,POJBPNQ <RKQIRQMG GPEERR GOLK OLH KOFGRNK HRGPNOQRH ?MQI IOLH BOMLQRH KBNOCK PE EJP?RNK OLH AFQQRNEJMRK O@OMLKQ O CRJJP? @NPFLH= BNMLQRH DON:K QP PLR GOL= KOFGRN HMODRQRN GD QP@RQIRN ?MQI O /PNGRKQRN GPEERR GOL OLH KOFGRN ?MQI O AOLH PE PNOL@R OLH @MJQ= MLGMKRH 9 DON: QP QIR KOFGRN= KOFGRN HMODRQRN GD OLH O QI ,RLQFNC QROGFB OLH KOFGRN PE ?NCQIRL DPFJHRH EPND ?MQI EJPNOJ OLH @MJQ KBNOCK= FLDON:RH 6 7
+OGI JPQ MK KFA&RGQ QP O 9FCRN%K $NRDMFD PE MLGJFKM>R PE 8<;
F111-121 Listing.qxp_Layout 1 14/02/2019 16:51 Page 11
$PQQRNC
1, 1, < K <NQ #RGP 1IRJJRC +>R KIOBR QROKRQ HRGPNOQRH ML QIR <BBJR 9JPKKPD BOQQRNL GPDBNMKML@ QROBPQ= GMNGFJON KQOLH= DMJ: &F@= KF@ON AP?J= RJR>RL GFBK= Q?RJ>R KOFGRNK= Q?RJ>R KMHR BJOQRK OLH Q?P GO:R BJOQRK= BNMLQRH DON:K 6KR>RNOJ BMRGRK 1.#7 400 1;-<;+#
,6 <L RONJC QI ,RLQFNC ,IODARNJOML /PNGRKQRN BJOQR RLODRJJRH HRGPNOQRH QP QIR GRLQNR ?MQI QIR ONDPNMOJ GNRKQ Z,PDDR YR 3FK% 6<K 4 /OK7 EPN QIR QI +ONJ PE #FHJRC= ARJMR>RH QP AR YPIL /MJJMOD /ONH 6 " 7= ENODRH ?MQIML O @MJQ APNHRN ?MQI O NPCOJ AJFR NMD RH@R= BOMLQRH ,IODARNJOML X ,P= (( R? 9PLH 1QNRRQ DON:= HMODRQRN GD 400 1;-<;+# 5366 4 5326
,3 < KDOJJ K 9FNJRM@I /ONR BJOQR HRGPNOQRH ?MQI QFARJMLRH EJP?RNK OLH KQCJMKRH EPJMO@R= QIR HRKM@L ML QIR DOLLRN PE ,IONJPQQR -IROH= BNMLQRH DON: GD K2 QP@RQIRN ?MQI O 9FNKJRC /ONR P>OJ AP?J NOMKRH QP EPFN KQNFQ ERRQ HRGPNOQRH ?MQI ENFMQ OLH EJP?RNK= BNMLQRH DON:= JRL@QI GD 1.# 6 7
5326 4 5066
5-6 4 526
1/ < JON@R $PPJR $PQQRNC KIOBR ( #RJBIMK GION@RN HRGPNOQRH ?MQI OL OAKQNOGQ BOQQRNL ML NRH= @NRRL OLH PNOL@R O@OMLKQ O DFKQONH CRJJP? @NPFLH= BNMLQRH DON:= ONQMKQ DPLP@NOD 0Y/= HMODRQRN (GD
,0 < BOMN PE RONJC QI ,RLQFNC GPLQMLRLQOJ GOLHJRKQMG:K= BNPAOAJC RNDOL= ROGI ?MQI O NRJMRE DPFJHRH GIRNFA KOQ PL O AJFR OLH ?IMQR NPGPGP KGNPJJ BRHRKQOJ= MLGMKRH LFDARNK QP QIR AOKR= IRM@IQ GD
516 4 5/6
532 4 5-6
1+ < BOMN PE RONJC QI ,RLQFNC 9NRQAC <RKQIRQMG >OKRK PE EPPQRH EPND ROGI HRGPNOQRH ?MQI O :ML@EMKIRN BRNGIRH PL O ANOLGI ?MQI EJO@ MNMK ARKMHR= OJJ ML O @JPKKC @JO R O@OMLKQ O DOQQ AJOG: @NPFLH= QIR LRG: OLH EPPQ ML ANP?L= MDBNRKKRH DON: OJPL@KMHR (3= IRM@IQ GD
,< 0JOHNP EM@FNR= Z1OLGIP $OL O% DPHRJ = BNMLQRH DON:= IRM@IQ (GD 5.6 4 516
5.6 4 516 ,6
66
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$PQQRNC
,. < 0JOHNP EM@FNMLR PE 1OLGIP $OL O KROQRH PL O KQPPJ= JPP:ML@ P>RN IMK KIPFJHRN OLH IPJHML@ IMK IOQ= DPHRJ = BNMLQRH DON:= IRM@IQ GD 5366 4 5326
/6 ;?P 0JOHNP EM@FNRK= Z OF@IQC% DPHRJ ( OLH Z9OKIEFJ% DPHRJ ( = BNMLQRH DON:K= IRM@IQ (GD 6 7 516 4 5+6
,2 < 0JOHNP EM@FNR Z< ;POKQ 9C 1OLGIP%= DPHRJ < = BNMLQRH DON:= IRM@IQ GD
/3 ;?P 0JOHNP EM@FNRK= Z#NRODRN% DPHRJ ( OLH Z,FNMPFK% DPHRJ ( = BNMLQRH DON:K= IRM@IQ (GD 6 7
5/6 4 5306
516 4 5+6
,1 < 0JOHNP EM@FNR PE O GJP?L= NRGJMLML@ ?MQI IMK ERRQ PL O AROGI AOJJ= DPHRJ = BNMLQRH DON:= JRL@QI GD
/0 ;?P 0JOHNP EM@FNRK= APQI ZWFM5PQR 1QOLHML@ B% DPHRJ ( = PLR ML O @JO RH EMLMKI OLH QIR PQIRN ML O DOQQR EMLMKI= BNMLQRH DON:K= IRM@IQ GD 6 7
516 4 5+6 ,, < 0JOHNP AFKQ= Z$RLKM>R ,JP?L%= DPHRJ ( = BNMLQRH DON:= IRM@IQ GD 5,6 4 5+6 ,/ < 0JOHNP EM@FNR Z0RQ%K O:R B%= DPHRJ ((((= BNMLQRH DON:= IRM@IQ GD 516 4 5+6 ,+ ;?P 0JOHNP EM@FNRK= Z$NMKKC% DPHRJ ( OLH Z,PC% DPHRJ ( = BNMLQRH DON:K= IRM@IQ GD 6 7
516 4 5+6 /;?P 0JOHNP GJP?L EM@FNRK= Z,MNGFK 1OD% DPHRJ ( OLH Z1OH 1O5% DPHRJ ( = BNMLQRH DON:K= IRM@IQ GD= 1.# 6 7 526 4 5/6 /. ;INRR 0JOHNP GJP?L EM@FNRK= Z0MQQJRKQ ,JP?L% DPHRJ ( = Z;MNRH 3NMRLH% DPHRJ ( OLH Z O>ML@ < 9OJJ% DPHRJ ( = BNMLQRH DON:K= IRM@IQ PE QOJJRKQ GD= 1.# 6 7 5/6 4 5306
526 4 5/6
64
+OGI JPQ MK KFA&RGQ QP O 9FCRN%K $NRDMFD PE MLGJFKM>R PE 8<;
/2 < 0JOHNP EM@FNR= #PL WFM5PQR Z!NOQMPL% DPHRJ ( ( = BNMLQRH DON:K= IRM@IQ GD 5/6 4 5306 /1 ;?P 0JOHNP EM@FNRK= Z!L ;IR 1GRLQ% DPHRJ ( OLH Z$MG: !E 0MQQRN% DPHRJ = BNMLQRH DON:K= IRM@IQ PE QOJJRKQ (GD 6 7 5/6 4 5306 /, ;?P 0JOHNP EM@FNRK= Z+K:MDP%= APC ?MQI BPJON ARON GFA= DPHRJ ( OLH Z1IRBIRNH 9PC /MQI POQ%% DPHRJ ( = BNMLQRH DON:K= IRM@IQ PE QOJJRKQ (GD 6 7
+6 ;?P 0JOHNP EM@FNRK= Z<EQRNLPPL $NPDRLOHR% DPHRJ OLH Z P? X 3PNR>RN% DPHRJ = BNMLQRH DON:K= IRM@IQ PE QOJJRKQ GD 6 7 516 4 5+6 +3 < -PCOJ ,PBRLIO@RL KQPLR?ONR DPHRJ PE O BNP?JML@ ARON @JO RH ML QPLOJ ANP?L OLH @NRC= HRKM@LRH AC LFH CIL= BNMLQRH DON:K OLH LFDARNRH .((= JRL@QI GD 516 4 5/6
// ;?P 0JOHNP EM@FNRK= Z$PG:RQ 3FJJ !E /MKIRK% DPHRJ ( OLH Z< /MKI ,PDR ;NFR% DPHRJ = BNMLQRH DON:K= IRM@IQ GD 6 7
+0 < 9ML@ X NPLHOIJ KQPLR?ONR DPHRJ PE O BONNPQ BRNGIRH PL O ANOLGI= QIR ?IPJR @JO RH ML QPLOJ ANP?L= EOMLQ DON:= IRM@IQ (GD QP@RQIRN ?MQI O BPKQ"?ON DPHRJ PE O KQCJMKRH AFJJ @JO RH ML ANP?L ?MQI O AJOG: K?MNJ DPQME QP QIR KIPFJHRNK= FLDON:RH= JRL@QI (GD 6 7
5/6 4 5306
5.6 4 516
/+ ;?P 0JOHNP EM@FNRK= Z9OK:RQ !E 0P>R% DPHRJ OLH Z4LLPGRLGR 4L 9JPPD% DPHRJ = BNMLQRH DON:K= IRM@IQ ( (GD 6 7
+< R>ML 3NOLGMK JMDMQRH RHMQMPL GIONOGQRN &F@ DPHRJJRH OK /MJJMOD PPNGNPEQ KOQ PL O $PDR@NOLOQR BOQQRNL P>PMH >OKR OLH IPJHML@ O $OLKC BOQQRNL >OKR= BNMLQRH DON:K= LFDARNRH ( PE ( = IRM@IQ GD
516 4 5+6
5.6 4 516
516 4 5/6
F111-121 Listing.qxp_Layout 1 14/02/2019 16:51 Page 13
+.43-/ % $
362
361
36, )% & (
+. < PPNGNPEQ $PQQRNC BJOQR HRGPNOQRH ML QIR 3MLGIRK BOQQRNL HRKM@LRH AC 1OJJC ;FEEML= MDBNRKKRH DON:= DON:RH OK O KRGPLH= HMODRQRN GD
+, < PPNGNPEQ $PQQRNC NRGQOL@FJON OH>RNQMKML@ BRL QNOC QFARJMLRH ?MQI PPNGNPEQ $PQQRNC ML @NRRL O@OMLKQ O ?IMQR @NPFLH= MDBNRKKRH DON:= GD 5 GD
363 < KDOJJ PPNGNPEQ $PQQRNC >OKR HRGPNOQRH ML QIR $OKKMPL 3NFMQ BOQQRNL HRKM@LRH AC -OGIRJ 9MKIPB= MDBNRKKRH OLH BOMLQRH DON:K= IRM@IQ GD
5.6 4 516
5.6 4 516
526 4 5/6
+2 < PPNGNPEQ $PQQRNC NRGQOL@FJON AP5 OLH GP>RN HRGPNOQRH ML QIR ,JRDOQMK BOQQRNL ?MQI O KML@JR EJP?RN QFARJMLRH QP QIR GP>RN= MDBNRKKRH DON:= (GD 5 GD 5 (GD
+/ < PPNGNPEQ $PQQRNC DF@ HRGPNOQRH ?MQI O QFARJMLRH NPAML BRNGIRH PL O IPJJC ANOLGI= MDBNRKKRH DON:= IRM@IQ (GD
360 < PPNGNPEQ $PQQRNC >OKR HRGPNOQRH ML QIR $OKKMPL 3NFMQ BOQQRNL HRKM@LRH AC -OGIRJ 9MKIPB= MDBNRKKRH OLH BOMLQRH DON:K= IRM@IQ GD
5.6 4 516 +1 < PPNGNPEQ $PQQRNC NRGQOL@FJON BRL QNOC HRGPNOQRH ML QIR 3MLGIRK BOQQRNL HRKM@LRH AC 1OJJC ;FEEML= MDBNRKKRH DON:= GD 5 GD= QP@RQIRN ?MQI O PPNGNPEQ $PQQRNC DF@ HRGPNOQRH ML QIR 8MPJRQ BOQQRNL HRKM@LRH AC 1OJJC ;FEEML= MDBNRKKRH DON:= DON:RH OK O KRGPLH= IRM@IQ (GD 6 7 516 4 5/6
5-6 4 526 ++ < PPNGNPEQ BJOQR HRGPNOQRH ML QIR O@LPJMO BOQQRNL ?MQI QINRR QFARJMLRH EJP?RNK O@OMLKQ O DMJ: ?IMQR @NPFLH= MDBNRKKRH DON:= HMODRQRN GD 526 4 5/6 366 < JON@R PPNGNPEQ >OKR PE GPDBNRKKRH EPND HRGPNOQRH ML QIR O@LPJMO BOQQRNL ?MQI QFARJMLRH BML: EJP?RNK O@OMLKQ O DMJ: ?IMQR @NPFLH= MDBNRKKRH DON:K= IRM@IQ GD 5366 4 5326
516 4 5/6 36< PPNGNPEQ $PQQRNC >OKR HRGPNOQRH ML QIR $OKKMPL 3NFMQ BOQQRNL HRKM@LRH AC -OGIRJ 9MKIPB= MDBNRKKRH OLH BOMLQRH DON:K= IRM@IQ GD
362 < QOJJ PPNGNPEQ $PQQRNC R?RN HRGPNOQRH ML QIR 1IMDAO MJJK BOQQRNL HRKM@LRH AC 1MOL 0RRBRN ?MQI QFARJMLRH @MNOEER ML OL <ENMGOL JOLHKGOBR= MDBNRKKRH DON:= BOMLQRH ;NMOJ ( OLH KM@LRH 1MOL 0RRBRN ML @PJH= IRM@IQ (GD 400 1;-<;+# 5-66 4 5266 361 < PPNGNPEQ $PQQRNC >OKR HRGPNOQRH ML QIR 1IOD?ONM BOQQRNL HRKM@LRH AC 1MOL 0RRBRN ?MQI O QFARJMLRH <ENMGOL JOLHKGOBR ?MQI @O RJJRK OLH GIRRQOIK= MDBNRKKRH DON:= BOMLQRH #RKM@L ;NMOJ OLH KM@LRH ML @PJH 1MOL 0RRBRN= IRM@IQ (GD 400 1;-<;+# 5266 4 5/66
5,6 4 5+6 36. < JON@R PPNGNPEQ $PQQRNC >OKR HRGPNOQRH ML QIR $OKKMPL 3NFMQ BOQQRNL HRKM@LRH AC -OGIRJ 9MKIPB= MDBNRKKRH OLH BOMLQRH DON:K= IRM@IQ GD 400 1;-<;+# 5326 4 5066
63
F111-121 Listing.qxp_Layout 1 14/02/2019 16:51 Page 14
PPNGNPEQ $PQQRNC
36, < QOJJ PPNGNPEQ $PQQRNC &F@ HRGPNOQRH ML QIR 1LP?HNMEQ 6ENPD QIR ,INMKQDOK ,PJJRGQMPL7 BOQQRNL HRKM@LRH AC $OFJ MJHMQGI= BNMLQRH OLH BOMLQRH DON:K= LFDARNRH ENPD O JMDMQRH RHMQMPL PE ( = KM@LRH $OFJ MJHMQGI= IRM@IQ GD 400 1;-<;+# 5326 4 5066 36/ < PPNGNPEQ $PQQRNC >OKR HRGPNOQRH ML QIR 1?RRQ 9NMON BOQQRNL HRKM@LRH AC -OGIRJ 9MKIPB= BNMLQRH OLH BOMLQRH DON:K= IRM@IQ (GD 5/6 4 5306 36,
36+
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
336 )% & (
67
+OGI JPQ MK KFA&RGQ QP O 9FCRN%K $NRDMFD PE MLGJFKM>R PE 8<;
F111-121 Listing.qxp_Layout 1 14/02/2019 16:51 Page 15
PPNGNPEQ $PQQRNC
330 < /OJQRN PPNGNPEQ @ML@RN &ON OLH GP>RN HRGPNOQRH ML QIR MAMKGFK BOQQRNL ?MQI O AOLH PE BML: EJP?RNK O@OMLKQ O @NRRL @NPFLH= MDBNRKKRH DON:K ?MQI EJOKI MLMQMOJK OLH $PQQRN QP WFRRL ONC BOBRN JOARJ= IRM@IQ GD
301 < PPNGNPEQ >OKR PE ML>RNQRH AOJFKQRN EPND HRGPNOQRH ML QIR $PDR@NOLOQR BOQQRNL ?MQI O AOLH PE ?IPJR ENFMQ OLH ARNNMRK O@OMLKQ O QPLOJ AJFR ?OKI @NPFLH= MDBNRKKRH DON: OLH KM@LRH ML @NRRL= IRM@IQ GD= NRKQPNRH
5,6 4 5+6
5/6 4 5306
33< PPNGNPEQ $PQQRNC BJOQR HRGPNOQRH ML QIR ODPFNO BOQQRNL BJOQR= HRKM@LRH AC 1OJJC ;FEEML OLH HRGPNOQRH ?MQI O QFARJMLRH JOLHKGOBR= MDBNRKKRH DON:K= HMODRQRN GD
30, < PPNGNPEQ $PQQRNC QOAJR JODB HRGPNOQRH ML QIR LM@IQ?PPH BOQQRNL HRKM@LRH AC -OGIRJ 9MKIPB= OEEM5RH QP O ?PPHRL BJMLQI 6DON:K PAKGFNRH7= IRM@IQ GD 6R5GJFHML@ EMQQML@K7= NRQOMLK PNM@MLOJ PPNGNPEQ KIOHR 400 1;-<;+#
5.6 4 516
33/ < PPNGNPEQ $PQQRNC -RH ;FJMBK BOQQRNL KIOJJP? HMKI HRKM@LRH AC 1OJJC ;FEEML HRGPNOQRH ?MQI O KBNOC PE QFARJMLRH EJP?RNK O@OMLKQ O QPLOJ NRH @NPFLH= MDBNRKKRH DON:K= DON:RH OK O KRGPLH= HMODRQRN GD
5.6 4 516
5/6 4 5+6
332 < PPNGNPEQ MAMKGFK BOQQRNL KIOJJP? GMNGFJON KMHR BJOQR HRGPNOQRH ?MQI QFAR JMLRH EJP?RNK OLH EPJMO@R P>RN O @NRRL @NPFLH= MDBNRKKRH OLH BOMLQRH DON:K= ?MHQI GD
33+ < KDOJJ PPNGNPEQ $PQQRNC AOJFKQRN >OKR HRGPNOQRH ML QIR <LRDPLR BOQQRNL= MDBNRKKRH DON: ?MQI @PJH P>OJ JOARJ= IRM@IQ GD
5.6 4 516 331 < KDOJJ PPNGNPEQ $PQQRNC EPPQRH AP?J HRGPNOQRH ML QIR -RH ;FJMB BOQQRNL HRKM@LRH AC 1OJJC ;FEEML= MDBNRKKRH OLH BOMLQRH DON:K= DON:RH OK O KRGPLH= HMODRQRN GD
5.6 4 516 306 < /OJQRN PPNGNPEQ MAMKGFK BOQQRNL K2FOQ P>PMH >OKR HRGPNOQRH ?MQI GNMDKPL EJP?RN IROHK O@OMLKQ O GPAOJQ AJFR @NPFLH= BOBRN JOARJ PAKGFNML@ DON:K= IRM@IQ GD 5.6 4 516
33, < PPNGNPEQ $PQQRNC &F@ HRGPNOQRH ML QIR -PKR BOQQRNL HRKM@LRH AC 1OJJC ;FEEML " PPNGNPEQ $PQQRNC= MDBNRKKRH OLH BOMLQRH DON:K OJPL@KMHR PPNGNPEQ ,PJJRGQPNK ,JFA BNMLQRH NPFLHRJ= IRM@IQ (GD
303 < JON@R /MJJMOD PPNGNPEQ EPPQRH AP?J HRGPNOQRH ML QIR $OLKC BOQQRNL ?MQI O JON@R GRLQNOJ QFARJMLRH EJP?RN IROH ML QPLRK PE BFNBJR O@OMLKQ O GPAOJQ AJFR @NPFLH= MDBNRKKRH DON:K OJPL@KMHR EJOKI MLMQMOJK= HMODRQRN GD= NRKQPNRH
516 4 5/6
5366 4 5326
5-6 4 526
302
30.
33. < PPNGNPEQ MAMKGFK BOQQRNL >OKR PE GPDBNRKKRH P>PMH EPND ?MQI O EJONRH LRG: HRGPNOQRH ?MQI EJP?RNK OLH EPJMO@R P>RN O @NOHFOQRH AJFR QP @NRRL @NPFLH= DON:K PAKGFNRH AC QIR PNM@MLOJ BOBRN JOARJ= IRM@IQ GD
5326 4 5066
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
30,
62
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PPNGNPEQ $PQQRNC
3-< PPNGNPEQ >OKR PE P>PMH EPND ?MQI O NPJJ NMD LRG: HRGPNOQRH ML QIR 3NMJJRH !NGIMH BOQQRNL ?MQI Q?P QFARJMLRH EJP?RNK O@OMLKQ O AJFR ?OKI @NPFLH= MDBNRKKRH DON:= IRM@IQ GD= NRKQPNRH 5/6 4 5306 3-. < PPNGNPEQ $PQQRNC BJOQR HRGPNOQRH ML QIR 3MLGIRK BOQQRNL HRKM@LRH AC 1OJJC ;FEEML= MDBNRKKRH DON:K= HMODRQRN GD= DON:RH OK O KRGPLH QP@RQIRN ?MQI OL <LRDPLR BOQQRNL BML HMKI GPOKQRN= HMODRQRN (GD 1.# 6 7 526 4 5/6 3-2 < PPNGNPEQ $PQQRNC >OKR PE ?OMKQRH EPND HRGPNOQRH ML QIR 0ODMO BOQQRNL HRKM@LRH AC -OGIRJ 9MKIPB= MDBNRKKRH DON:K= IRM@IQ GD 5/6 4 5306 30+
3-6
30/ < PPNGNPEQ $PQQRNC QOAJR JODB HRGPNOQRH ML QIR 3P5@JP>R BOQQRNL HRKM@LRH AC -OGIRJ 9MKIPB= OEEM5RH QP O ?PPHRL BJMLQI 6DON:K PAKGFNRH7= IRM@IQ GD 6R5GJFHML@ EMQQML@K7= NRQOMLK PNM@MLOJ PPNGNPEQ KIOHR
3-6 < JON@R PPNGNPEQ >OKR PE EPPQRH @JPAR OLH KIOEQ EPND HRGPNOQRH ML QIR 3NMJJRH !NGIMH BOQQRNL ?MQI O AOLH PE EJP?RNK O@OMLKQ O AJFR ?OKI @NPFLH= MDBNRKKRH DON: OLH MLMQMOJJRH ML AJFR= IRM@IQ GD 400 1;-<;+#
5366 4 5326
5066 4 5-66
30+ < PPNGNPEQ $PQQRNC QOAJR JODB AOKR HRGPNOQRH ML QIR ;NPFQ BOQQRNL HRKM@LRH AC $IMJMB MAKPL= OEEM5RH QP O ?PPHRL BJMLQI 6DON:K PAKGFNRH7= IRM@IQ GD 6R5GJFHML@ EMQQML@K7= NRQOMLK PNM@MLOJ PPNGNPEQ KIOHR 400 1;-<;+#
3-3 < PPNGNPEQ >OKR PE ML>RNQRH AOJFKQRN EPND HRGPNOQRH ML QIR $PDR@NOLOQR BOQQRNL ?MQI O AOLH PE PBRL OLH ?IPJR ENFMQ OLH ARNNMRK O@OMLKQ O AJFR ?OKI @NPFLH= MDBNRKKRH DON:= IRM@IQ GD 400 1;-<;+#
5066 4 5-66
5366 4 5326
3-0 < PPNGNPEQ >OKR PE ML>RNQRH AOJFKQRN EPND ?MQI O ?MHR LRG: HRGPNOQRH ML QIR $OLKC BOQQRNL ?MQI Q?P QFARJMLRH EJP?RNK O@OMLKQ O AJFR ?OKI @NPFLH= MDBNRKKRH DON:= IRM@IQ GD 5/6 4 5306
3-1 < PPNGNPEQ $PQQRNC >OKR PE IM@I KIPFJHRNRH EPND HRGPNOQRH ML QIR ONHRL 3NFMQ BOQQRNL HRKM@LRH AC MGPJO 1JOLRC= BNMLQRH OLH MDBNRKKRH DON:K= IRM@IQ GD 5366 4 5326 3-, < PPNGNPEQ $PQQRNC >OKR HRGPNOQRH ML QIR 4KJOC BOQQRNL HRKM@LRH AC -OGIRJ 9MKIPB= BNMLQRH OLH BOMLQRH DON:K= IRM@IQ GD 5326 4 5066 3-/ < KDOJJ PPNGNPEQ >OKR PE P>PMH EPND HRGPNOQRH ML QIR 3NMJJRH !NGIMH BOQQRNL O@OMLKQ O CRJJP? QP @NRRL ?OKI @NPFLH= MDBNRKKRH OLH BOMLQRH DON:K= IRM@IQ GD 5,6 4 5+6
3-3
61
+OGI JPQ MK KFA&RGQ QP O 9FCRN%K $NRDMFD PE MLGJFKM>R PE 8<;
F111-121 Listing.qxp_Layout 1 14/02/2019 16:51 Page 17
3-+432+
3-+ < JOQR QI QP RONJC QI ,RLQFNC ,IMLRKR EODMJJR NPKR R5BPNQ >OKR HRGPNOQRH ?MQI GONQPFGIR BOLRJK PE NPARH EM@FNRK ML GPL>RNKOQMPL OLH @ONHRL KRQQML@K= OJJ QP O BOQQRNLRH @NPFLH ?MQI OBBJMRH JM ONHK QP QIR KIPFJHRN OLH HP@ PE EP IOLHJRK= FLDON:RH= IRM@IQ (GD 1.#
3.. < ,IMLRKR AJFR OLH ?IMQR BPNGRJOML APQQJR >OKR= JOQR WML@ #CLOKQC 6 " 7= PE NPFLHRH P>PMH EPND NMKML@ QP O QOBRNRH KIOEQ LRG:= BNPEFKRJC HRGPNOQRH ML FLHRN@JO RH AJFR ?MQI EPJMOQR= AFQQRNEJC OLH ENFMQML@ >MLR HRKM@LK= IRM@IQ GD
5/6 4 5306
5.6 4 516
3.6 < JON@R QI ,RLQFNC YOBOLRKR EMKI AP?J 6PN &ONHMLMRNR7 RLODRJ HRGPNOQRH QP QIR R5QRNMPN ?MQI BOLRJK PE NPARH ?ONNMPNK= QIR MLQRNMPN ?MQI @PJHEMKI OLH KRO @NOKKRK= FLDON:RH= IRM@IQ GD= HMODRQRN GD 1.#
3.2 < GPJJRGQMPL PE ,IMLRKR WMOLJPL@ 6 " (7 BRNMPH R5BPNQ BPNGRJOML AJFR OLH ?IMQR HMKIRK= ROGI PE GMNGFJON EPND= QIR BOJR AJFMKI.?IMQR @NPFLH HRQOMJRH ?MQI GRLQNOJ HRBMGQMPLK PE EJP?RNML@ KINFAK HRQOMJRH ?MQI GINCKOLQIRDFD OLH OKQRN EJP?RNIROHK= RLGMNGJRH AC EPJMOQR APNHRNK= HMODRQRN GD 6 7
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
5/6 4 5306 3.1 < ,IMLRKR MJJREJRFN KQCJR AP?J PE Z % EPND= NOMKRH PL IM@I EPPQNML@= QIR R5QRNMPN KMHRK HRGPNOQRH ?MQI QIR QIPFKOLH EJP?RN HRKM@L ML EODMJJR NPKR RLODRJK= QIR MLQRNMPN ?MQI EFJJ QFN2FPMKR @NPFLH= WMOLJPL@ EPFN"GIONOGQRN DON: 6 " (7 ML OMKIF KGNMBQ= IRM@IQ GD= HMODRQRN (GD
3./ < ,IMLRKR EODMJJR NPKR 0PQFK AP?J= QIR BML: @NPFLH GMNGFJON Z % EPND AP?J NMKML@ ENPD O IM@I EPPQNML@= QIR R5QRNMPN KMHRK ?MQI EPFN EOL KIOBRH BOLRJK EMJJRH ?MQI AJPKKPDML@ JPQFK KINFAK BMG:RH PFQ ?MQI QFN2FPMKR @JO ML@= ?MQI EPFN ,IONOGQRN OL@5M 6 " 7 DON: QP QIR FLHRNKMHR PE AOKR= IRM@IQ GD= HMODRQRN (GD
320 < GPJJRGQMPL PE ,IMLRKR @JO RH ?ONRK QP MLGJFHR O AJFR DPLPGINPDR @JO RH ANFKIBPQ OLH R>RNQRH NMD AP?J= ANFKIBPQ IRM@IQ GD= AP?J HMODRQRN GD= QP@RQIRN ?MQI KDOJJ EJODAR @JO RH HMKI= HMODRQRN GD OLH OL OFARN@MLR OLH GRJOHPL @JO RH AP?J= ?MQI OL@5M 6 " 7 KM5"GIONOGQRN DON: QP AOKR 6 7
526 4 5/6
5/6 4 5306
3.+ < ,IMLRKR Z;ROHFKQ% @JO RH DRMBML@ >OKR PE QCBMGOJ KIPFJHRNRH EPND= QIR IRO>MJC BPQQRH APHC ?MQI KIPNQ R>RNQRH NMD= ?MQI OJJP>RN KBRG:JRH @JO R= KM5"GIONOGQRN DON: QP AOKR= IRM@IQ GD
32< GPJJRGQMPL PE ,IMLRKR @JO RH ?ONRK= QP MLGJFHR OL MNPL"NRH @JO RH DPPLEJOK:= IRM@IQ GD= O NRH DPLPGINPDR @JO RH BRON >OKR= IRM@IQ GD OLH O JPQFK KIOBRH KOL@"HR"APRFE @JO RH HMKI= ?MQI KGOJJPBRH NMD= HMODRQRN GD 6 7
5/6 4 5306 326 < ,IMLRKR BPNGRJOML Z/F 1IFOL@ $F% 6QOAJR PE BRRNJRKK IRNPRK7 ANFKIBPQ PE K2FONR KRGQMPL= HRGPNOQRH ML EODMJJR NPKR RLODRJK HRBMGQML@ ERDOJR OLH DOJR RNPRK PE QIR OL #CLOKQC= EFNQIRN EJOL:RH AC 9FHHIMKQMG RDAJRDK= #OP@FOL@ 6 " ( 7 KROJ DON: QP AOKR= IRM@IQ GD 516 4 5/6
3., < ,IMLRKR DO@RLQO @JO RH JPARH AP?J PE GMNGFJON EPND ?MQI NMAARH R5QRNMPN KMHRK= NOMKRH PL O JP? EPPQNML@= QIR MLQRNMPN ?RJJ ?MQI OJJ P>RN QFN2FPMKR @JO R= QIR FLHRNKMHR ?MQI PL@ IRL@ 6 " (7 KROJ DON: QP AOKR= IRM@IQ (GD= HMODRQRN GD
323 ;?P ,IMLRKR M5ML@ KQCJR QROBPQK= QIR EMNKQ PE @JPAFJON EPND ?MQI HPDRH QPB OLH EMLMOJ= ?MQI KIPNQ KBPFQ OLH JPPB IOLHJR= GIONOGQRN DON:K QP QIR R5QRNMPN KMHRK= IRM@IQ GD= QP@RQIRN ?MQI O LOQFNOJMKQMG ANOLGI EPND GJOC QROBPQ= QIR IOLHJR OLH KBPFQ EPNDRH ENPD O ANOLGI= KFNDPFLQRH AC OL MLQR@NOQRH GP>RN= IRM@IQ GD 6 7
526 4 5/6
5.6 4 516
526 4 5/6
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
5366 4 5066
6-
F111-121 Listing.qxp_Layout 1 14/02/2019 16:51 Page 18
<KMOL
32+
321 < 1MLP";MARQOL GOKQ DRQOJ EM@FNR PE ;KPL@:OBO= QIR @FNF DPHRJJRH KROQRH ML JOJMQOKOLO ?MQI IOLHK GOKQ ML HIONDOGO:NO BNO>O= ?RONML@ NPARK OLH GRNRDPLMOJ IOQ= KROQRH ML O JPQFK QINPLR AOKR OLH EOGR ?MQI RCRK HP?L?ONH OLH KRNRLR R5BNRKKMPL= IRM@IQ GD 5/6 4 5306
6'
32, < 1MLP";MARQOL GOKQ DRQOJ EM@FNR PE O 9FHHIMKQ BNMRKQ= QIR EM@FNR ?RONML@ GRNRDPLMOJ HNRKK ?MQI IOLHK GOKQ ML OAIOCO= NOMKRH PL O JPQFK GOKQ AOKR= ?MQI KRNRLR R5BNRKKMPL OLH HP?LGOKQ RCRK= IRM@IQ GD 516 4 5/6
32/ < ,IMLRKR EODMJJR NPKR GRJOHPL @NPFLH APQQJR >OKR= JOQR WML@ #CLOKQC 6 " 7= QIR @JPAFJON APHC= NMKML@ QP O QOBRNRH KIOEQ LRG:= QIR BOJR @NRRL GRJOHPL @JO R BMG:RH PFQ ML EODMJJR NPKR RLODRJK OLH @MJQ IM@IJM@IQK HRBMGQML@ EJP?RNK= AFQQRNEJMRK= JPL@"QOMJRH AMNHK OLH 2MJML= IRM@IQ GD 526 4 5/6
+OGI JPQ MK KFA&RGQ QP O 9FCRN%K $NRDMFD PE MLGJFKM>R PE 8<;
32+ < BOMN PE JOQR QI QP RONJC QI ,RLQFNC ,IMLRKR R5BPNQ EODMJJR NPKR >OKRK= ROGI PE AOJFKQRN EPND ?MQI O EJONRH GPJJON LRG:= APQI HRGPNOQRH ?MQI IOLH RLODRJJRH KGRLRK PE NPARH EM@FNRK KQOLHML@ AREPNR KROQRH RJHRNK ?MQI OQQRLHOLQK EOLLML@ ARIMLH= HPFAJR NML@ DON: QP QIR AOKR= IRM@IQ GD 400 1;-<;+# 5326 4 5066
F111-121 Listing.qxp_Layout 1 14/02/2019 16:51 Page 19
31640+1
316 < K YPIL /OJKI /OJKI GFQ GNCKQOJ @JOKK >OKR AC ,JCLR 3ON2FIONKPL= PE EJONRH GCJMLHNMGOJ EPND= HRGPNOQRH ML QIR 0ROE BOQQRNL= GFQ BPJMKIRH OLH RL@NO>RH ?MQI O NRBROQ KQCJMKRH JROE DPQME= RL@NO>RH KM@LOQFNR OLH -# QP AOKR= IRM@IQ (GD 516 4 5+6 313 < K YPIL /OJKI /OJKI GFQ GNCKQOJ AMKGFMQ AONNRJ AC ,JCLR 3ON2FIONKPL= PE GCJMLHNMGOJ EPND= ?MQI O DMQNR GFQ NMD OLH HRGPNOQRH ML QIR 0ROE BOQQRNL= GFQ BPJMKIRH OLH RL@NO>RH ?MQI O NRBROQ KQCJMKRH JROE DPQME= ?MQI DOQGIML@ JMH ?MQI EOGRQRH IOLHJR= RL@NO>RH ?MQI KM@LOQFNR OLH -# = IRM@IQ GD 5/6 4 5306
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
310 < ( K , RGIPKJP>O:MOL GJRON @JOKK >OKR PE GCJMLHNMGOJ EPND= DPFJHRH ?MQI O GNOG:JR BOQQRNL OLH GFQ ?MQI O KQONAFNKQ HRKM@L= IRM@IQ GD
31, < JOQR QI ,RLQFNC 1QPFNANMH@R GJRON GNCKQOJ QINROHRH EML@RN AP?J PE GMNGFJON EPND ?MQI O QM@IQ ENMJJ NMD ?MQI DOQGIRH KQOLH= HMODRQRN GD= QP@RQIRN ?MQI O KMDMJON BRNMPH ?NCQIRL EJFQRH R5ODBJR 6 7
5.6 4 516
5.6 4 516
31< JOQRN QI ,RLQFNC RPEENRC 9O5QRN EPN /IMQRENMONK ;R5QFNRH NOL@R 9ON: >OKR ML NFAC= IRM@IQ (GD
31/ < JOQR RPN@MOL EML@RN AP?J PE EJONRH GCJMLHNMGOJ EPND ML O HRRB @NRRL= IRM@IQ (GD= QP@RQIRN ?MQI Q?P JOQRN GMNGFJON R5ODBJRK 6 7
5-6 4 526
5.6 4 516
31. < ,PLQMLRLQOJ @JOKK >OKR= G OLH BPKKMAJC <FKQNMOL= ?MQI O HPDRH EPPQ OLH EJONRH APHC HRGPNOQRH ?MQI KMJ>RN JFKQNR BOLRJK ML QIR 1RGRKKMPLMKQ KQCJR P>RN QIR HRRB AJFR @NPFLH= FLDON:RH= IRM@IQ GD= QP@RQIRN ?MQI O EPPQRH GCJMLHNMGOJ >OKR ?MQI EJONRH ?O>R NMD ML O @NOHFOQRH KQNO? PBOJRKGRLGR 6 7
31+ <L RONJC QI ,RLQFNC EML@RN AP?J PE GMNGFJON KRGQMPL ?MQI ENMJJ NMD OLH O @NOHFOQRH KQNO? PBOJRKGRLGR ?MQI QIR DOQGIRH KIOJJP? HMKI EPND KQOLH= HMODRQRN (GD= QP@RQIRN ?MQI QINRR PQIRN 1QPFNANMH@R @JOKK EML@RN AP?JK OLH KQOLHK PE KMDMJON EPND= MLGJFHML@ O GJRON R5ODBJR ?MQI NFAC QINROHML@= O @NRRL R5ODBJR ?MQI OBBJMRH GJRON HRGPNOQMPL OLH O @NRRL R5ODBJR ?MQI NFAC QINROHML@ 6 7
5.6 4 516
526 4 5/6
3,6 < QI ,RLQFNC @JOKK EML@RN AP?J PE ?NCQIRL EJFQRH EPND ML @NRRL= IRM@IQ GD= QP@RQIRN ?MQI EM>R PQIRN GMNGFJON EML@RN AP?JK ?MQI EJFQRH OLH KJMGR GFQ HRGPNOQMPL= OJJ ML >ONCML@ KIOHRK PE @NRRL 6 7
3,2 < @NPFB PE KM5 QI ,RLQFNC @JOKK EML@RN AP?JK OLH NMLKRNK= OJJ GJRON ?MQI KQON GFQ AOKRK OLH GFQ ?MQI >ONMPFK BOQQRNLK MLGJFHML@ IPALOMJ= KQONK= EOLK OLH KMDMJON= IRM@IQ PE QOJJRKQ GD= 1.# 6 7
526 4 5/6
526 4 5/6
3,3 < QI ,RLQFNC @JOKK EML@RN AP?J= NFAC GOKRH OLH GFQ P>RN GJRON GNCKQOJ ML O KBPQ BOQQRNL= IRM@IQ (GD= QP@RQIRN ?MQI EM>R PQIRN EML@RN AP?JK MLGJFHML@ O AJFR AP?J BNMLQMR GFQ ?MQI P>OJK= OLH O AJFR PBOJRKGRLQ AP?J ?MQI O GJRON KBPQ BOQQRNL 6 7
3,1 < @NPFB PE EM>R QI ,RLQFNC EML@RN AP?JK PE GMNGFJON EPND= OJJ ENPKQRH ?MQI OGMH GFQ HRGPNOQMPL= MLGJFHML@ R5ODBJRK ?MQI PQIMG ONGI BOLRJK OLH EPJMOQR QRLHNMJK= IRM@IQ PE QOJJRKQ GD 6(7
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
516 4 5+6
6
F111-121 Listing.qxp_Layout 1 14/02/2019 16:51 Page 20
JOKK
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526 4 5/6 -3< BONGRJ JPQ GPLQOMLML@ EM>R KIPR IPNLK ?MQI IOJJDON:RH KMJ>RN IOLHJRK= O IOJJDON:RH KMJ>RN @JP>R KQNRQGIRN ?MQI O KMDMJON +$ 1 R5ODBJR= ?MQI PQIRN IOJJDON:RH KMJ>RN OLH BJOQRH MQRDK MLGJFHML@ EM>R KMJ>RN IOLHJRH AFQQPL IPP:K= O GFQMGJR BFKIRN OLH O ANFKI 6 7
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--. -00 < JOQR QI ,RLQFNC <FKQNMOL IOJJDON:RH KMJ>RN BMR KJMGR= BMRNGRH EPJMOQR HRGPNOQMPL ?MQI APLR IOLHJR= JRL@QI GD= 8MRLLO = QP@RQIRN ?MQI Q?RJ>R ,PLQMLRLQOJ KMJ>RN IOLHJRH HRKKRNQ :LM>RK OLH EPN:K 6 7 526 4 5/6 -0< QI ,RLQFNC 3NRLGI KMJ>RN ?MLR ARO:RN PE BJOML GCJMLHNMGOJ EPND= RL@NO>RH Z+ #R 9OMJJMRLGPFNQ %= IRM@IQ GD= $ONMK " ( = $MRNNR 3PFNLRNPQ 5.6 4 516 -0. <L RONJC QI ,RLQFNC IOJJDON:RH KMJ>RN GNROD &F@ OLH KF@ON AP?J= APQI ?MQI KGOJJPBRH NMD OLH NOMKRH PL BOH ERRQ= 9MNDML@IOD = +1 9ONLKJRC X ,P= QP@RQIRN ?MQI O IOJJDON:RH KMJ>RN EPPQRH LFQ HMKI ?MQI BMRNGRH EPJMOQRH HRGPNOQMPL= 9MNDML@IOD (= IRM@IQ PE QOJJRKQ GD 6 7 5/6 4 5306 -02 < 8MGQPNMOL IOJJDON:RH KMJ>RN QRO GOHHC PE P>OJ EPND= RL@NO>RH ?MQI AOLHK PE EJPNOJ HRGPNOQMPL OLH DPLP@NOD QP ENPLQ= QIR IML@RH GP>RN ?MQI HPDRH EMLMOJ= IRM@IQ GD= 0PLHPL = /MJJMOD FQQPL X 1PLK 5366 4 5326
34
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5.6 4 516 -.. < 8MGQPNMOL IOJJDON:RH KMJ>RN NRGQOL@FJON NPG:RN ML: AJPQQRN ?MQI KBMNOJ HRGPNOQMPL= JRL@QI GD= 9MNDML@IOD = ?MQI O KMDMJON GNFDA ANFKI 6 7 5.6 4 516
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
33
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5/6 4 5306 -22 < GOKRH KRQ PE KM5 IOJJDON:RH KMJ>RN QROKBPPLK OLH O BOMN PE QPL@K HRGPNOQRH ?MQI O EROQIRN RH@R= ,IRKQRN = 9ON:RN 9NPQIRNK= QP@RQIRN ?MQI OLPQIRN KMJ>RN IOJJDON:RH GOKRH KRQ GPLQOMLML@ KM5 QROKBPPLK ?MQI NOQ QOMJK QP FLHRNKMHR PE AP?JK= 1IREEMRJH = ONNMKPL 9NPQIRNK 6 7
-2+ <L RONJC QI ,RLQFNC IOJJDON:RH KMJ>RN QROBPQ PE QOBRNML@ GCJMLHNMGOJ EPND NOMKRH PL EPFN ERRQ ?MQI RAPLMKRH KGNPJJ IOLHJR OLH ANM@IQ GFQ HRGPNOQMPL= QP@RQIRN ?MQI OKKPGMOQRH KF@ON AP?J OLH GNROD &F@= 9MNDML@IOD = /MJJMODK 0QH= QPQOJ ?RM@IQ P 6 7 53.6 4 5066 -16 < 8MGQPNMOL IOJJDON:RH KMJ>RN QOBRN IPJHRN= EPJMOQR RDAPKKRH IOLHJR ARJP? BJOML KMJ>RN QOBRN KJRR>R OLH KMHR KJMHRN= JRL@QI GD= ,IRKQRN = YODRK #RO:ML X 1PLK 526 4 5/6
526 4 5/6 -2,
37
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-1, -12 < IOJJDON:RH KMJ>RN ROKRJ BIPQP@NOBI ENODR= NRGQOL@FJON OLH RDAPKKRH ?MQI EPJMOQR KGNPJJK= 5 GD= 1IREEMRJH 5-6 4 526 -11 ;?P GOKRH IOJJDON:RH KMJ>RN -PCOJ /RHHML@ GPDDRDPNOQM>R IPNKRKIPRK ?MQI GRNQMEMGOQRK= QPQOJ ?RM@IQ P = 9MNDML@IOD = 9ON:RN +JJMK 1MJ>RN ,P 6 7 5/6 4 5306
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Directions
From the North & East From Junction 3 of the M5 follow A456/A491 for Stourbridge, from Stourbridge ring road take the A491 north, Mill Race Lane is the first right after the junction.
From the South From Junction 4 of the M5 follow the A491 for Stourbridge, from Stourbridge ring road take the A491 north, Mill Race Lane is the first right after the junction.
By Rail From Birmingham Snow Hill and Worcester to Stourbridge Town, via Stourbridge Junction. Approximately 15 minutes walk from the station.
Forthcoming Sale Dates Saturday 30th March – Decades of Design Saturday 27th April – The April Sale Saturday 18th May – Centuries of Glass
Conditions of Absentee Bidding
All successful bids are subject to a charge of 24% (VAT inclusive) buyers premium on the hammer price.
Fieldings Auctioneers execute bids as a convenience. Whilst every care is taken in carrying out bids, neither Fieldings Auctioneers nor their staff can be held responsible for any errors made or failure to execute bids.
Reference and bidding slips should arrive 24 hours prior to the day of sale.
You may permit the auctioneer to increase your bid by one increment to secure the sale on your behalf by indicating “plus one” after your bid amount. If you do not wish us to exceed the figure noted, please mark your bid “maximum”.
In the event that two identical commission bids are received, the bid that was received first will prevail.
If you leave an odd bid, the auctioneer reserves the right to increase your bid to the next highest figure.
Your attention is drawn to the terms and conditions of business of Fieldings Auctioneers Ltd.
Fieldings Auctioneers Ltd Mill Race Lane Stourbridge West Midlands DY8 1JN
T: 01384 444 140
www.fieldingsauctioneers.co.uk Reg No. 4261506