Dividends to creditors

Listed below is information regarding dividends declared to creditors:

Twelfth Dividend

Notice of Intention to pay a Twelfth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a twelfth interim distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 5 February 2024. A twelfth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Eleventh Dividend

Notice of Declaration of Eleventh Dividend

On 16 September 2021, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Administrators declared and paid an eleventh interim dividend of 0.5309 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. A copy of the notice to all unsecured creditors who have proved their debts is available here.

Notice of Intention to pay an Eleventh Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow an Eleventh interim distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 9 September 2021. An eleventh dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Tenth dividend

Notice of Declaration of a Tenth Dividend

On 24 February 2021, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Administrators declared and paid a tenth interim dividend of 0.9752 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. A copy of the notice to all unsecured creditors who have proved their debts is available here.

Notice of Intention to pay a Tenth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a tenth interim distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 19 February 2021. A tenth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Nineth Dividend

Notice of Declaration of a Ninth Dividend

On 14 September 2018, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Administrators declared and paid an ninth interim dividend of 2.246 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. A copy of the notice to all unsecured creditors who have proved their debts is available here.

Notice of Intention to pay a Ninth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a ninth interim distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 28 August 2018. A ninth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Eighth Dividend

Notice of Declaration of an Eighth Dividend

On 21 March 2018, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Administrators declared and paid an eighth interim dividend of 5.470 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. A copy of the notice to all unsecured creditors who have proved their debts is available here

Notice of Intention to pay an Eighth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow an eighth interim distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 16 March 2018. An eighth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Seventh Dividend

Notice of Declaration of Seventh Dividend

On 11 September 2017, pursuant to Rule 14.35 of the Insolvency (England and Wales) Rules 2016, the Administrators declared and paid a seventh interim dividend of 6.903 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. A copy of the notice to all unsecured creditors who have proved their debts is available here.

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 4 September 2017. 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 here.

Sixth Dividend

Notice of Declaration of a Sixth Dividend

On 16 March 2017, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Administrators declared and paid a sixth interim dividend of 3.488 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. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Sixth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a sixth distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 31 January 2017. A sixth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Fifth Dividend

Notice of Declaration of a Fifth Dividend

On 9 September 2016, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Administrators declared and paid a fifth interim dividend of 2.55 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. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Fifth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a fifth distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 2 September 2016. A fifth dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Fourth Dividend

Notice of Declaration of a Fourth Dividend

On 10 March 2016, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Administrators declared and paid a fourth interim dividend of 6.6 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. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Fourth Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a fourth distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 12 Feburary 2016. A fourth 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 Dividend

On 11 March 2015, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Administrators declared and paid a third interim dividend of 7.52 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. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Third Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a third distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 18 Feburary 2015. A third 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 Second Dividend

On 5 September 2014, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Administrators declared and paid a second interim dividend of 10.42 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. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a Second Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a second distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of 31 July 2014. A second dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

First Dividend

Notice of Declaration of a First Dividend

On 29 October 2013, pursuant to Rule 2.98 of the Insolvency Rules 1986, the Administrators declared and paid a first interim dividend of 7.5 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. A copy of the Notice to all creditors who have proved their debt is available here.

Notice of Intention to pay a First Dividend

Based on current information, the Administrators are of the view that there are sufficient realisations to allow a first distribution to be made to unsecured creditors. The Administrators issued a Notice of Intended Dividend to all known creditors who have not yet proved their debt stating a last date for proving of Friday 30 August 2013. A first dividend will be paid within 2 months of that date to creditors with agreed claims. A copy of the Notice is available here.

Contacts

If you have any queries in relation to LB PTG's administration, please send an email to uk_lehmanaffiliates@pwc.com.

_{Edward John Macnamara, Gillian Eleanor Bruce and David James Kelly 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.}