NEW CITY ENERGY LIMITED (IN LIQUIDATION) (THE “COMPANY”)
Shareholder update
Further to the announcement dated 20 April 2018 made by the joint voluntary liquidators, Linda Johnson and Robert Kirkby (the “Joint Liquidators”), both of KPMG Channel Islands Limited, please be advised that the Company has now received the tax refund that was owing to it from the Canadian Revenue Agency in the amount of CAD $31,744.12.
The Joint Liquidators are currently in the process of preparing the final distribution to shareholders, which is expected to take place during September 2018. A final announcement will be made to shareholders once the rate per share and the date of the final distribution has been agreed.
Enquiries:
The Liquidators
Linda Johnson and Robert Kirkby
KPMG Channel Islands Limited
P.O. Box 453
St Helier
Jersey, JE4 8WQ
Tel: 01534 888891
restructuring-ci@kpmg.com