Business and Property Courts of England and Wales, Insolvency & Companies List (ChD) Court Number: CR-2025-005034
in Special Administration
OC369106Trading NameArgentex
Registered office2nd Floor, 110 Cannon Street, London, EC4N 6EU
Principal trading address25 Argyll Street, London, W1F 7TU
Regulation 20 of The Payment and Electronic Money Institution Insolvency Regulations 2021 (“the Regulations”); Rule 110 of The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021 (“the Rules”) - Notice to Customers
The Joint Special Administrators (“JSAs”) hereby give notice, in accordance with regulation 20(2) of the Regulations and rule 110 of the Rules, as follows:
The JSAs consider that it is necessary, in order to expedite the return of relevant funds, to set a bar date of 8 May 2026 (the "Bar Date") in respect of relevant funds claims, being claims customers of the LLP may have in respect of funds that were received by the LLP for the execution of a payment transaction or received in exchange for electronic money and which the LLP was required to safeguard pursuant to the Electronic Money Regulations 2011 or the Payment Services Regulations 2017 ("Relevant Funds Claims").
The Bar Date only applies to Relevant Funds Claims and does not relate to any other type of claim that you may have against the LLP.
Once the Bar Date has passed, and following court approval of a distribution plan, the JSAs shall, in accordance with the time periods specified in the Regulations and the Rules, make a distribution (or distributions) from the relevant funds asset pool to the LLP’s customers who have a Relevant Funds Claim that has been admitted by the JSAs.
If you have not yet submitted a Relevant Funds Claim, please submit your claim to the Joint Special Administrators by either:
(i) email to Argentex@frpadvisory.com; or
(ii) post to FAO: Argentex Team, FRP Advisory Trading Limited, 2nd Floor 110 Cannon Street, London, EC4N 6EU
on or before 8 May 2026 so that the JSAs can consider and potentially agree your claim. A copy of the relevant claim form can be obtained from the customers’ portal, or requested from the JSAs using the above email address.
Regulations 20(5) to (10) of the Regulations and rule 115 of the Rules set out how Relevant Funds Claims received after the Bar Date shall be treated.
Date of Appointment21 July 2025
Office Holder DetailsDaniel Conway (IP No. 29112) and Anthony John Wright (IP No. 10870) and David Hudson (IP No. 8977) all of FRP Advisory Trading Limited, 2nd Floor, 110 Cannon Street, London, EC4N 6EU
Further details contactThe Joint Special Administrators, Email: Argentex@frpadvisory.com or Tel: 020 3005 4000.
Daniel Conway, Joint Special Administrator
10 April 2026
Ag PK11290
Recorded in The Gazette, issue 65041, 14 April 2026