NEW
CITY ENERGY LIMITED (IN LIQUIDATION) (THE “COMPANY”)
First interim liquidation distribution
announcement
At an extraordinary general meeting of the Company held on
7 March 2017, shareholders passed
resolutions to wind-up the Company and appointed Linda Johnson and Robert
Kirkby of KPMG Channel Islands Limited as joint liquidators
(the “Liquidators”).
Further to the shareholder circular dated 17 February 2017, the Liquidators announce their
intention to make a first interim liquidation distribution (the
“First Interim Distribution”) of:
GBP £0.16120 per ordinary Sterling
share issued
The First Interim Distribution will be effected pro rata to the
holdings of ordinary Sterling shares on the register at the close
of business on 28 March 2017 (the
“Record Date”).
The First Interim Distribution will be paid by CREST on 4 April
2017. Where investors are not CREST registered, this payment
will be by way of Sterling cheques drawn upon a UK clearing bank
posted to the Shareholder’s registered address as at the Record
Date.
Enquiries:
The Liquidators
Linda Johnson and Robert Kirkby
KPMG Channel Islands Limited
P.O. Box 453
St Helier
Jersey, JE4 8WQ
Tel: 01534 888891
restructuring-ci@kpmg.com