Dec 15 (Reuters) - Link Administration Holdings Ltd (LNK) :
- UPDATE ON LINK FUND SOLUTIONS LTD (LFSL) SCHEME
- WORK IS ONGOING TO VERIFY VOTES CAST AT SCHEME MEETING
- LFSL WILL NOW ASK COURT TO SANCTION SCHEME AT A SECOND COURT HEARING ON 18 JANUARY 2024
- OF SCHEME CREDITORS WHO VOTED, ABOUT 93.7% IN NUMBER, REPRESENTING ABOUT 96.1% IN VALUE, VOTED IN FAVOUR OF LFSL SCHEME
- IF THE SCHEME IS NOT SANCTIONED AND THE SETTLEMENT IS TERMINATED, LIABILITIES RELATING TO THE WEIF REMAIN WITHIN LFSL
