From the administrators' statement

This ts set out in the Joint Administrators’ inital creditor notfication dated 29 December 2016 (“Initial Creditor Notfication”) A copy is attached at Appendix IV

A winding-up petition was served upon the Company on 29 November 2016 with a hearing scheduled for 16 January 2017 In light of this, the first ranking qualifying floating charge holder, UK EXIM Limited (“UK EXIM”) instructed Harrison Clark Rickerbys Limited (“HCR’} to file a Notice of Intention (“NOI”) to appoint Administrators at Court on 7 December 2016 Further NOlIs were filed on 13 December and 20 December An explanation of the rationale behind the decision to file these 1s contained in the Initral Creditor Notfication

The Company subsequently entered into Administration on 23 December 2016 On the same day, an

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T & D Galvanizing Ltd (08283723)

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