LNK link administration holdings limited
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Dec 15 (Reuters) - Link Administration Holdings Ltd (LNK) :...

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    15/12/23
    12:20
    Post #: 71469073

    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
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