Pursuant to Rule 2.98 of the Insolvency Rules 1986, the Joint Administrators have declared a third and interim dividend of 23.7 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes.
This brings the cumulative dividend to 92.2 pence in the pound with further dividend payments expected in the future, although both the timing and quantum of these remain uncertain.
Payment of the third interim dividend will be made on, or around, 29 November 2013 to creditors with admitted claims. Further details of your claim and dividend calculation, if applicable, can be obtained from 5pm GMT on 22 November 2013 by accessing your user account on the Client Information Portal. Payments will be made to creditors in sterling via the Standard Settlement Instructions provided through the Client Information Portal.
For any queries relating to Portal access, please contact the Communications and Counterparty Management team at logons@lbia-eu.com.
Restructuring and Insolvency Partner, UK Head of Insolvency, PwC United Kingdom
Tel: +44 (0)7974 332659