Administration News
Notice from Administrators
Petropavlovsk plc is in administration. Please see below for updates from the Administrators.
Contact Details
Press: Please email Nick.Hood@opusllp.com
Creditors: Please email petropavlovsk@opusllp.com
Shareholders: Please email petroshareholders@opusllp.com
In an Administration, the following reports and notices are generally issued:
|
Document |
Approximate timescale |
|
Notice of Appointment |
1 week |
|
Statement of Proposals (within 8 weeks) |
4 weeks |
|
Notice of Creditors’ Decision or of Deemed |
7 weeks |
|
Progress Report |
7 months |
|
Request for an Extension to the Administration |
11 months |
|
Notice of Extension of Period of Administration |
12 months |
|
Final Progress Report |
12 months |
|
Progress Reports |
13 and 19 months |
|
Final Progress Report |
24 months |
Frequently Asked Questions
FAQs (13 September 2022)
Announcements and publications from the Administrators
- Scheme Expiry Notice (11 December 2023)
- Notice of Administrator’s progress report (AM10) (17 July 2023)
- Appointment of Administrators & Potential Sale of Assets (19 July 2022)
- Hand-Down of Judgment on Administrators’ Application (03 August 2022)
- Update from Administrators (05 August 2022)
- Update from Administrators (08 August 2022)
- SIP 16 report (08 August 2022)
- Update from the Administrators (19 August 2022)
- Update from the Administrators (26 August 2022)
- Update from the Administrators (02 September 2022)
- Update from the Administrators and FAQ (08 September 2022)
- The Joint Administrators’ Statement of Proposals (08 September 2022)
- Update from the Administrators (16 September 2022)
- Update from the Administrators (5 October 2022)
- Notice of Decision procedure and voting form (14 November 2022)
- Creditors (to) Letter re decision procedure (14 November 2022)
- DOC Proof of debt form (14 November 2022)
- Letter to creditors re creditors committee (16 November 2022)
- Proposed Schemes of Arrangement (09 December 2022)
- Announcement in respect of Proposed Scheme of Arrangement (09 December 2022)
- Confirmation of Scheme Directions Hearing (16 December 2022)
- Scheme Directions Hearing Confirmation (19 December 2022)
- Administration orders and convening of scheme meetings (21 December 2022)
- Registration of Claims (3 January 2023)
- Results of Scheme Meetings (11 January 2023)
- Timing of Scheme Sanctions Hearings (19 January 2023)
- Outcome of Scheme Sanctions Hearings (25 January 2023)
- Scheme Effective Date and Claim Deadlines (2 February 2023)
- Administrators Progress Report_3001202 (17 February 2023)
Court documents (other than exhibits)
- First witness statement of Charlotte Philipps (11 July 2022)
- First witness statement of Allister Manson (11 July 2022)
- Second witness statement of Charlotte Philipps (14 July 2022)
- Second witness statement of Allister Manson (19 July 2022)
- Third witness statement of Allister Manson (27 July 2022)
- Fourth witness statement of Allister Manson (30 July 2022)
- Fifth witness statement of Allister Manson (17 August 2022)
- Insolvency Act Application Notice (17 August 2022)
- Order of ICC Judge Barber (22 August 2022)
- Order of ICC Judge Barber – Amended (25 August 2022)
- Draft consent protocol (5 October 2022)
- Draft SIP16 Statement (5 October 2022)
- Redacted correspondence (5 October 2022)
- Sealed Order (5 October 2022)
- Petropavlovsk PLC Scheme Claim Form (16 December 2022)
- Petropavlovsk 2010 Limited Scheme Claim Form (16 December 2022)
- Petropavlovsk 2016 Limited Scheme Claim Form (16 December 2022)
- First Witness Statement of Allister Manson (16 December 2022)
Exhibits to witness statements
Please refer to the Administrators’ announcement dated 19 August 2022 and to the fifth witness statement of Allister Manson dated 17 August 2022 for details.
- Exhibit CBEP1/AJM1_PART 1 / Exhibit CBEP1/AJM1_PART 2 / Exhibit CBEP1/AJM1_PART 3 (11 July 2022)
- Exhibit CBEP2 (14 July 2022)
- Exhibit AJM3 (27 July 2022)
- Exhibit AJM4 (30 July 2022)
- Exhibit AJM5 (17 August 2022)