RE: RNS16 Jan 2025 08:41
The Board has been made aware of a filing at Companies House on 7 January 2025 of a Progress Report by liquidators to Resources Bonds 11 Limited , a bond issued by the Company in 2016 which went into liquidation in January 2023. Inter-alia, this Report makes direct references to 'breaches by the directors of their statutory and fiduciary duties, leading to various claims against the directors. Solicitors have been instructed and initial letters before action have been issued". Whilst the Board is obviously unable to make any comment on the accuracy or background to these statements, the directors referred herein are both past and present Directors of the Company.
The directors referred to are both PAST and PRESENT DIRECTORS OF PPP.
The FCA will not allow this to comeback from suspension in this situation.