Dividends to creditors

Listed below is information regarding dividends declared to creditors:

Seventh Dividend

Notice of Intention to pay a Seventh Interim Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a seventh interim dividend to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 9 February 2024. A seventh interim dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Sixth Dividend

Notice of Declaration of a Sixth Interim Dividend

On 13 November 2023, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Joint Administrators declared a sixth interim dividend of 4.64 pence in the pound in relation to the non-preferential, unsecured, subordinated claim of Lehman Brothers Holdings Plc. The Joint Administrators are not yet in a position to estimate the likely timing or quantum of any future dividends. Access a copy of the Notice to all creditors who have proved their debt.

Notice of Intention to pay a Sixth Interim Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a sixth interim dividend to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 11 November 2023. A sixth interim dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Fifth Dividend

Notice of Declaration of a Fifth Interim Dividend

On 20 June 2023, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Joint Administrators declared a fifth interim dividend of 5.94 pence in the pound in relation to the non-preferential, unsecured, subordinated claim of Lehman Brothers Holdings Plc. The Joint Administrators are not yet in a position to estimate the likely timing or quantum of any future dividends. Access a copy of the Notice to all creditors who have proved their debt.

Notice of Intention to pay a Fifth Interim Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a fifth interim dividend to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 28 April 2023. A fifth interim dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available to download.

Fourth Dividend

Notice of Declaration of a Fourth Interim Dividend

On 16 February 2021, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Joint Administrators declared a fourth interim dividend of 100 pence in the pound in relation to the admitted portion of creditors' non-preferential, unsecured, subordinated claims. The Joint Administrators are not yet in a position to estimate the likely timing or quantum of any future dividends. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Fourth Interim Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a fourth interim dividend to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 12 February 2021. A fourth interim dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Third Dividend

Notice of Declaration of a Third Interim Dividend

On 14 March 2019, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Joint Administrators declared and paid a third interim dividend of 100 pence in the pound in relation to the admitted portion of creditors' non-preferential, unsecured, subordinated claims. The Joint Administrators are not yet in a position to estimate the likely timing or quantum of any future dividends. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Third Interim Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a third interim dividend to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 6 March 2019. A third interim dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Second Dividend

Notice of Declaration of a Third Interim Dividend

Notice of Intention to pay a Third Interim Dividend

First Dividend

Notice of Declaration of a First Interim Dividend

On 6 September 2017, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Joint Administrators declared and paid a first interim dividend of 100 pence in the pound plus a share of statutory interest to all unsecured, unsubordinated creditors whose claims have been admitted for dividend purposes. The Joint Administrators are not yet in a position to estimate the likely timing or quantum of any future dividends. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a First Interim Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a first interim dividend to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors stating a last date for proving of 4 September 2017. A first interim dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Contacts

All queries to the Administrators of LBHI2 should be sent to: generalqueries@lbia-eu.com.

_{Edward John Macnamara, Gillian Eleanor Bruce and David James Kelly are are licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales. The Joint Administrators are bound by the Insolvency Code of Ethics which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics}

^{The Joint Administrators may act as controllers of personal data, as defined by the UK data protection law, depending upon the specific processing activities undertaken. PricewaterhouseCoopers LLP may act as a processor on the instructions of the Joint Administrators. Personal data will be kept secure and processed only for matters relating to the Joint Administrators' appointment. Further details are available in the privacy statement on the PwC.co.uk website or by contacting the Joint Administrators.}