Pursuant to Rule 179 of The Investment Bank Special Administration (England and Wales) Rules 2011, the Administrators have declared a fifth interim dividend of 3.3p in the £ to all unsecured creditors whose claims have been admitted for dividend purposes. This brings the cumulative total to 87.8p in the £. 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.
Payment of the fifth interim distribution to all unsecured creditors with agreed claims will be made on or about 3 September 2015.
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This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.