From the administrators' statement

The Company was incorporated on 9 April 2018 for the purposes of acting as an investment vehicle to purchase the shares of Martin Homes Whitehawk Way Ltd ("MHWW’"), a property development company undertaking a redevelopment project at Whitehawk Clinic, Whitehawk Way, Brighton ("the Development’),

Mr David Martin, Mr Giles White and Mr James Webb are the directors of the Company (together “the Directors”).

The Directors initially sought investment for the proposed acquisition from a number of well-known parties within the property development industry. In accordance with the Subscription Agreements, the shareholders were required to make a loan of £999.99 per each ordinary ‘A’ share of £0.01 purchased. Following negotiations, the Company secured investment in the sum of approximately £2.05million at 8% interest per annum, compounded annually.

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RC Whitehawk Limited (11298713)

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