Pursuant to Rule 179 of The Investment Bank Special Administration (England and Wales) Rules 2011, the Administrators have declared a third interim dividend of 11 pence in the pound to all unsecured creditors whose claims have been admitted for dividend purposes. This brings the cumulative amount distributed to unsecured creditors with agreed claims to 76 pence in the pound. A copy of the Administrators’ notice to all creditors who have proved their debts and to the Financial Conduct Authority can be viewed or downloaded below.
In addition, the Administrators confirm that a third interim dividend of 8.5 cents in the dollar will be paid to all client money claimants whose client money claims have been admitted for distribution purposes, bringing the cumulative amount distributed to client money claimants with agreed claims to 78.5 cents in the dollar.
Payment of the third interim dividends will be made on or about 16 April 2014 to all clients and creditors whose claims have been admitted for dividend purposes. Should you be uncertain which estate your claim is against, please refer to your settlement agreement.
For the latest updates from the special administrators of MF Global UK Limited please visit our dedicated page.
For all non-press enquiries on MF Global UK Limited please email the following:
Claim queries: email@example.com
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.