Pursuant to Rule 2.98 of the Insolvency Rules 1986, the Joint Administrators have declared a first and interim dividend of 10.4 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. Further dividends are anticipated, though the timing and quantum is uncertain at present.
If you have any queries in relation to the content of this update, please send an email to storm.claims@uk.pwc.com.
Chief Finance and Administrative Officer for Lead Advisory and Restructuring, PwC United Kingdom
Tel: +44 (0)7739 873104
Performance and Restructuring Partner, UK Head of Insolvency, PwC United Kingdom
Tel: +44 (0)7974 332659