Notice of Intended Dividends
DSC REALISATIONS (2008) LIMITED
Previous Name of Company: DGT Steel & Cladding Limited
Company status: In Administration
Notice is hereby given pursuant to Rule 2.95 of the Insolvency Rules 1986, that it is my intention to declare a first and final dividend to unsecured creditors of the above-named Company no later than 30 September 2010. If you have not yet submitted a formal claim in the administration, you are required, on or before 30 July 2010 (the last date for proving) to provide proof of debt to the Joint Administrators of the Company, Stephen Mark Oldfield and Edward Mark Shires of PricewaterhouseCoopers LLP, Hill House, Richmond Hill, Bournemouth BH2 6HR and, if so requested, to provide such further details or produce such documentary or other evidence as may appear to the Joint Administrators to be necessary.
A creditor who has not proved his debt by the date specified will be excluded from the dividend.
Based on current information the value of the Prescribed Part (which is that part of any floating charge realisations that should be made available for unsecured creditors) is expected to be £250,000 less the costs of dealing with creditors’ claims and paying the dividend.
Dated: 6 July 2010
Stephen Mark Oldfield Joint Administrator