Insolvency Notices

Company

MF GLOBAL UK LIMITED

Notice Type
Notice of Intended Dividends
Publication date
31/05/2016
Edition
The London Gazette
Notice ID
2547744
Notice Code
2406

Notice of Proposed Distribution

MF GLOBAL UK LIMITED

01600658

(IN SPECIAL ADMINISTRATION) (“MFG UK”)

Sixth Interim Unsecured Dividend: Notice inviting creditors to submit claims before 29 June 2016

This is notice pursuant to Rule 175 of The Investment Bank Special Administration (England and Wales) Rules 2011, inviting creditors to submit creditor claims, if they have not already done so. Creditors may submit creditor claims at any point up to and including 29 June 2016, being the last date for proving.

Creditor claims may be submitted using creditor claim forms or by returning signed settlement agreements to the Administrators. Copies of the creditor claim form and instructions explaining how to submit a creditor claim are available in the “Creditors and Clients” section of the Special Administrators’ website (www.kpmg.co.uk/mfglobaluk).

For further information on the intended distribution and the consequences of missing the distribution, please see the Special Administrators’ notice to all known creditors and the Financial Conduct Authority which is available to be viewed or downloaded from the Administrators’ website (www.kpmg.co.uk/mfglobaluk).

The Special Administrators intend to declare and make an interim distribution to creditors within the period of two months from the last date of proving.

The Special Administrators have recently published on their website an updated illustrative financial outcome statement as at 31 March 2016 (the “IFO”). A copy of the IFO is available on the Special Administrators’ website (www.kpmg.co.uk/mfglobaluk). The IFO indicates that the Special Administrators may be able to declare a Sixth Interim Creditor Distribution of 3p in the £ to all unsecured creditors whose claims have been admitted for dividend purposes, which would bring the cumulative total to 90.8p in the £. However, the Special Administrators will not be able to finalise this figure until after the last date for proving (being 29 June 2016). All creditors will be notified of the actual level of the Sixth Interim Creditor Distribution in due course following the last date for proving.

Generally

For further information on the special administration of MFG UK and the intended distributions, please see the Special Administrators’ website (www.kpmg.co.uk/mfglobaluk) or contact: (i) by email: mfglobalclaims@kpmg.co.uk, or (ii) by post: MF Global UK Limited (in special administration), c/o KPMG LLP, MF Global Claims, 15 Canada Square, London, E14 5GL, United Kingdom; or (iii) by telephone: +44 (0)20 7785 0308.

The Special Administrators and MFG UK

The MFG UK special administration proceedings are being conducted in The High Court of Justice, Chancery Division, Companies Court, No: 9527 of 2011. FCA reference number: 106052. MFG UK’s registered name is: MF Global UK Limited. MFG UK’s company number is 01600658 and its registered office and principal trading address is 15 Canada Square, London, E14 5GL, United Kingdom.

The Special Administrators are Richard Heis, Michael Pink and Richard Fleming, each of KPMG LLP, 15 Canada Square, London, E14 5GL, United Kingdom. Date of appointment: 31 October 2011. The Administrators’ insolvency practitioner numbers are 8618, 8004 and 8370, respectively. The Special Administrators can be contacted using the details set out above.

Mike Pink

31 May 2016