As described in the Practice Statement Letter dated 16 November 2020, the Company applied to the High Court of Justice, Business and Property Courts of England and Wales, Insolvency and Companies Court (Chancery Division) for permission to convene a meeting of Direct Scheme Creditors (the "Direct Scheme Meeting") to consider a proposed scheme of arrangement pursuant to Part 26 of the Companies Act 2006 (the "Direct Scheme"). The hearing relating to this application (the "Convening Hearing") took place on 16 December 2020. We are pleased to confirm that, at the Convening Hearing, the Court granted the Company's request to convene the Direct Scheme Meeting.
Please find a copy of the document linked here.
The Direct Scheme Meeting will take place remotely on 2 February 2021 at 10.00am (London time). Further details of how to participate in the Direct Scheme Meeting are set out in the Notice of the Direct Scheme Meeting.
Please note that a Direct Scheme Creditor wishing to attend the Direct Scheme Meeting must submit a valid voting and proxy form in advance of it or such creditor may not be permitted entry to the Direct Scheme Meeting.
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