On 18 August 2026, the Royal Court of Guernsey made an order pursuant to the Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 (the “Law”), upon application by the Guernsey Financial Services Commission, that the Company be placed into administration management. Matthew Wright and Sophie Smith of Harbour House, South Esplanade, St Peter Port, GY1 1AP, were appointed as the Joint Administration Managers of the Company (the “Joint Administration Managers”).
It should be noted that an administration management order is an order directing that the business, property and affairs of the Company shall be managed by an independent person appointed by the Royal Court. The Joint Administration Managers have not been instructed by, and are not providing services to the benefit of, the Company, its directors or officers.
Please refer to the Joint Administration Managers’ RNS announcement dated 19 August 2026 for further information.
For and on behalf of the Joint Administration Managers
CEIBA Investments Limited (in Administration Management)
The business, property and affairs of the Company are managed by the Joint Administration Managers