EMAIL BOD RE - MATERIAL PROFESSIONAL FEES COSTS OF 'THE PLAN'1 Jun 2021 11:16
I have sent the below email. I do not expect to receive a response. I have sent it so that when I write to the Judge prior to 9 June (for the 21 June Sanction Hearing), I am able to state, inter alia, that the information regarding these significant costs was requested and no response received:-
'SUBJECT: RESTRUCTURING PLAN - MATERIAL PROFESSIONAL FEES COSTS - REQUEST FOR INFORMATION
Dear Board Member
I am along term shareholder. I have instructed my broker to vote my shares against the Restructuring Proposal to be voted on at the 11 June Shareholder Plan Meeting. Kindly provide me with, as soon as possible, the following:-
1.
The approximate quantum of ALL material fees expended in relation to the proposed restructuring Plan. That sum to include, inter alia, all financial, legal & other advisor costs, Ad Hoc Committee underwriting costs, recent CPR costs, RNS costs etc. In other words, EACH & EVERY cost incurred (and still to be incurred) in relation tot the Restructuring Plan, should the Plan succeed in being being approved and implemented.
Please provide this information speedily. I wish to file objections to the Plan to the Court by 9 June 2021, and wish to include the information requested.
Yours etc'
Sent to:-
antony.maris@hurricaneenergy.com
comms@hurricaneenergy.com
richard.chaffe@hurricaneenergy.com
sandy.shaw@hurricaneenergy.com
beverley.smith@hurricaneenergy.com
steven.mctiernan@hurricananeenergy.com