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New City Energy Ltd (NCE)

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Thursday 06 December, 2018

New City Energy Ltd

Final Distribution

NEW CITY ENERGY LIMITED (IN LIQUIDATION) (THE “COMPANY”)

Final liquidation distribution announcement

At an extraordinary general meeting of the Company held on 7 March 2017, shareholders passed resolutions to wind-up the Company and appointed Linda Johnson and Robert Kirkby of KPMG Channel Islands Limited as joint liquidators (the “Liquidators”).

Further to the announcement dated 3 September 2018, the Liquidators have now concluded the affairs of the Company and hereby announce their intention to make a final liquidation distribution (the “Final Distribution”) of:

GBP £0.01876 per ordinary Sterling share issued

The Final Distribution will be effected pro rata to the holdings of ordinary Sterling shares on the register at the close of business on 6 December 2018 (the “Record Date”) and will be paid by way of Sterling cheques drawn upon a UK clearing bank posted on Friday 14 December 2018 to the Shareholder’s registered address as at the Record Date.

Enquiries:

The Liquidators
Linda Johnson and Robert Kirkby
KPMG Channel Islands Limited
P.O. Box 453
St Helier
Jersey, JE4 8WQ

Tel:  01534 888891
[email protected]


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