Torotrak Plc – In Liquidation

Company no. 03580465

Registered Office: Park View House, 58 the Ropewalk, Nottingham NG1 5DW

Notice of intention to declare a sole and final dividend to shareholders

Notice is hereby given by Scott Christian Bevan and Simon David Chandler of Mazars LLP, the Joint Liquidators of Torotrak Plc that:

An application was made to the High Court of Justice on 28 November 2022 (case no. 3184 of 2017) for directions in respect of a proposed distribution to shareholders of the surplus remaining in the Company’s liquidation.

Pursuant to an order of the Court dated 24 January 2023 (the “Order”), prior to said distribution, an advert should be placed in the London Gazette inviting claims by shareholders entitled to a proportion of the distribution equal to their current shareholding in the Company. Any shareholder or claimant that wishes to make a claim and participate in the distribution must make that claim in accordance with the instructions below within 4 weeks of this advertisement, namely by 28 February 2024 (the “Cut-off Date”).

The full text of the Order referred to above will be published in the London Gazette on the same day as this notice.

It should be noted that:

1. The estimated dividend will be in the region of nil-0.0023p per share, dependent on the amount of shareholder claims agreed.  For example, the Joint Liquidators currently estimate that a member who holds 100 shares will receive nothing, a member who owns 1,000 shares might receive 2p, a member who owns 10,000 shares might receive 23p and a member who owns 100,000 shares might receive £2.31.

2. In order to make a claim for a dividend, the following information must be sent to the Joint Liquidators using the details set out at the end of this notice by the Cut-off Date:

a. Individual shareholders must provide their name, address, details of the number and class of shares held and a share certificate or an indemnity for lost share certificate.

b. For individual deceased shareholders, the claimant will be required to provide details of the number and class of shares held, a copy of the death certificate, a share certificate (if available) or indemnity for lost share certificate and the grant of probate or letters of administration.

c. Corporate shareholders must provide their full company name and registered number (or equivalent), registered address, details of the number and class of shares held and a share certificate, indemnity for lost share certificate or any other evidence of shareholding.

d. Where a corporate shareholder has been dissolved, any claimant who has succeeded to that corporate shareholders’ interest in the shares must provide evidence of their entitlement to said shares and details of the number and class held, along with a share certificate (if available) or indemnity for lost share certificate.

e. In providing any such information listed in 2(a-d) (inclusive), the shareholder or claimant is confirming that they hold legal and beneficial title to the shares.

3. The Joint Liquidators reserve the right to raise further queries or request further details in relation to any information provided in accordance with paragraph 2 above.

4. No claims will be considered by the Joint Liqidators nor will a shareholder be entitled to receive a dividend if the relevant information set out in paragraph 2 is not provided by the Cut-off Date.

5. Any shareholder of the Company may apply to set aside or vary the Order within 14 days of the date that this Notice is advertised.

Date of Appointment: 17 April 2018

Office-Holder Details: Scott Christian Bevan (IP No. 9614) and Simon David Chandler (IP No. 8822) both of Mazars LLP, The Pinnacle, 160 Midsummer Boulevard, Milton Keynes, MK9 1FF.

An indemnity for a lost share certificate can be obtained from the Joint Liquidators’ portal.

The Joint Liquidators may be contacted, as follows:

By post: Mazars LLP, The Pinnacle, 160 Midsummer Boulevard, Milton Keynes, MK9 1FF

By email: mazars.torotrakplc@mazars.co.uk

A COPY OF THIS NOTICE HAS ALSO BEEN PLACED ON THE PORTAL AVAILABLE TO SHAREHOLDERS OF THE COMPANY.

Dated this 31st day of January 2024

S C Bevan, Joint Liquidator