(didnt notice I had this email! it arrived Friday)
Dear Sir/Madam
WorldSpreads Limited in (special administration) (“the Company”)
Joint Special Administrators - Samantha Rae Bewick and Jane Bronwen Moriarty
A meeting of creditors and clients of the Company will be held at the Methodist Central Hall, Storey's Gate, London, SW1H 9NH on 23 May 2012 at 11:00am, to consider the Joint Special Administrators’ Proposals and to decide whether to establish a creditors’ committee comprising representatives of clients and creditors.
In view of the large number of clients and creditors, in accordance with Rule 297 of The Investment Bank Special Administration (England and Wales) Rules 2011, certain statutory documents are being made available electronically. The following documents can be viewed and downloaded from
= KPMG UK = (the “Website”) and will be available at this link by 5pm 4th May 2012:
a) The Joint Special Administrators’ Proposals;
b) Formal notice convening the meeting of clients and creditors;
c) Client Asset Claim Form;
d) Client Proxy Form;
e) Creditor’s Statement of Claim Form; and
f) Creditor Proxy Form.
(the “Documents”).
Hard copies are available on request and free of charge. If you wish to receive hard copies of the Documents, please:
a) telephone +44 (0) 20 3284 8829; or
b) email
[email protected] ; or
c) write to KPMG LLP, 8 Salisbury Square, London, EC4Y 8BB.
If you wish to vote at the meeting, please return via email or post your completed statement of claim which must be received by 12 noon on 22 May 2012 in order to be counted. Any client who has already responded to a request to agree their balance does not need to resubmit their claim for voting purposes. Any proxies that are intended to be used must be submitted to me by the date of the meeting. Please refer to Appendix 6 of the Joint Special Administrators’ Proposals, being further information regarding the initial meeting of clients and creditors and the voting process, for assistance regarding completion of the relevant claim and proxy form.
The Special Administrators have provided all clients with their statements according to company records. No further statements will be issued prior to the meeting, however, work is ongoing to respond to queries raised by clients in relation to their statements. In the interim period, claimants will be permitted to submit claims on an estimated basis. If you are unable to determine your claim value with any certainty, the Special Administrators request that you submit an estimated claim for voting purposes and submit a formal claim for distribution purposes at a later date.
If you have not yet received your statement please contact the Special Administrators on
[email protected] or call 020 3284 8829.
For further information regarding the Documents, please see the frequently asked questions on the Website.
Yours faithfully
For WorldSpreads Limited
Samantha Bewick
Joint Special Administrator
Samantha Bewick and Jane Moriarty were appointed as joint special administrators of Worldspreads Limited on 18 March 2012.
The affairs, business and property of the company are being managed by the joint special administrators who contract as agents of Worldspreads Limited without personal liability.
Samantha Rae Bewick is authorised to act as an insolvency practitioner by the Institute of Chartered Accountants in England and Wales. Jane Bronwen Moriarty is authorised to act as an insolvency practitioner by the Institute of Chartered Accountants in Ireland.
Worldspreads Limited is authorised and regulated by the Financial Services Authority. FSA reference number 230730. Registered in England No. 04898762. Registered office: KPMG LLP, 8 Salisbury Square, London EC4Y 8BB.
