Southern Cross Healthcare Group of Companies
(“Southern Cross” or “the Group”)

The Directors are of the view that it is now appropriate to wind down the remaining affairs of the Group. Accordingly, Southern Cross has notified Creditors and Shareholders of proposed Company Voluntary Arrangements (“CVAs”) for all of the recently active entities in the Group.

The objective of the proposed CVAs is to render all companies in the Group solvent by compromising their liabilities with the agreement of their creditors. This will result in a small dividend to creditors, following which the companies will be dissolved.

Details of the proposed CVAs are being sent to all known creditors and members of the Group.

Meetings of creditors and members to consider and vote on the CVAs will take place on 20 June 2012. Proxy forms (and notice of claim form if relevant) should be submitted prior to 12 Noon on 18 June 2012.

The full CVA Proposal, Nominees’ report, proxy forms, notices and guidance relevant to creditors and members are available below. These are intended for the creditors and members of the company and therefore are accessible only with a password which is provided in the correspondence sent to all known creditors and members on 31 May 2012.

If you are an Agreed CVA Claim Creditor (as defined in the CVA Proposal) and agree with the value attributed to your claim in Annex 8 (Lenders’ CVA Claims) or Annex 9 (Landlords’ CVA Claims) of the proposal (as appropriate), you are not required to submit a Voting & Notice of Claim Form.

 

Key documents

Creditor documents

Member documents