RDLZ Realisation PLC is a wholly-owned subsidiary of RDL Realisation PLC (“RDL”) that was incorporated on 23 June 2016 solely for the purpose of issuing Zero Dividend Preference (“ZDP”) Shares.
In 2016 the ZDP Share issue raised gross proceeds of £30,000,000. The entirety of the gross proceeds were lent to RDL Realisation PLC to be applied towards its general corporate and working capital purposes.
BOARD OF DIRECTORS
The Board is responsible for managing the business affairs of the Company in accordance with its articles of association and have overall responsibility for the Company’s activities. The Board may delegate certain functions to other parties such as the Administrator, the Company Secretary and the Registrar. The Board has responsibility for exercising supervision of the appointed service providers.
Brendan Hawthorne has more than 20 years experience as a specialist in financial investigations and asset recovery. He has extensive multi-jurisdictional experience including acting as an independent director of substantial onshore and offshore investment funds. He is a Chartered Accountant and Certified Fraud Examiner. His forensic accounting, asset recovery and litigation experience will be especially helpful in supervising the maximization of value from the asset recovery processes.
Mr Kenary graduated from Harvard College in 1986 and also holds an MBA from UCLA Anderson School of Management. He began his career in private equity investing and subsequently developed significant direct lending experience as the first employee of Capitalsource, Inc. a commercial finance business that evolved to become a publicly traded commercial bank with assets in excess of $10 billion. He was also a senior executive of Alliance Partners, a US based asset manager and commercial lender that specialised in the acquisition and management of commercial loans for community banks.
Link Asset Services are the Company’s Registrars and can be contacted as follows:
- Email: email@example.com
- Telephone: 0871 664 0300 (calls cost 12 pence per minute plus network extras)
Lines are open Monday – Friday, 9:00am – 5.30pm
- If you are outside the United Kingdom, please call +44 371 664 0300. (Calls outside the United Kingdom will be charged at the applicable international rate)