Notice of Intended Distribution under the Common Terms – 11 July 2013

Further to the Eighth Announcement in respect of the settlement of the Omnibus Claim, and in accordance with Clause 14.1 of the Common Terms forming part of the Claim Resolution Agreement and the Omnibus Settlement Agreement, LBIE has today issued a Notice of its intention to make a distribution from the Omnibus Trust. LBIE has nominated 24 July 2013 as the Cut-Off Date and 26 September 2013 as the proposed Distribution Date.

The Eligibility Status in relation to the distribution of each Consenting Beneficiary at any point of time is as indicated on the Portal. Each Consenting Beneficiary should check its status on the Portal and take the necessary steps to ensure that it is eligible for the purposes of the distribution by the Cut-Off Date. If a Consenting Beneficiary is unsure about the steps it needs to take to become eligible, it should contact its usual LBIE contact or send an email to generalqueries@lbia-eu.com.

Click here to download a copy of the Notice of Intended Distribution to all Consenting Beneficiaries.

If you have any queries in relation to the content of this update, please call your existing LBIE contact or send an email to generalqueries@lbia-eu.com.

Follow us