NOTICE OF DECLARATION OF DIVIDEND – 5 December 2017
Nortel Networks Oy (In Administration) (the “Company”)
Company number: 10391404
Registered address: BDO Oy, Vatteniemenranta 2, 002 10 Helsinki, Finland
NOTICE IS HEREBY GIVEN that a dividend to non-preferential creditors of 95p in the pound has been declared in the administration of the Company.
The Joint Administrators anticipate that a second distribution will be made in respect of non-preferential creditors in Spring 2018.
For further information please email us at nortelemea@uk.ey.com or call +44 (0)118 328 2523. Each creditor who will be receiving a dividend will also be receiving a formal letter in the post with further details.
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The Institute of Chartered Accountants in England and Wales (in the UK) authorises AR Bloom and SJ Harris to act as Insolvency Practitioners under section 390A(2)(a) of the Insolvency Act 1986, and the Association of Chartered Certified Accountants (in the UK) authorises AM Hudson to act as an Insolvency Practitioner under section 390A(2)(a) of the Insolvency Act 1986.
The affairs, business and property of the Company are being managed by the Joint Administrators, who act only as agents of the Company and without personal liability.
We may collect, use, transfer, store or otherwise process (collectively, ‘Process’) information that can be linked to specific individuals (‘Personal Data’). We may Process Personal Data in various jurisdictions in accordance with applicable law and professional regulations including (without limitation) the Data Protection Act 1998.