PREEN BEAUTY SPECIALISTS LIMITED

Registered office: Jones Lowndes Dwyer LLP, 4 The Stables, Wilmslow Road, Didsbury, Manchester, England, M20 5PG

Principal trading address: 1 St Petersgate, Stockport, SK1 1EB

Beauty Crew Ltd will be entering arrangements to acquire substantially the whole of the business and assets of the Company and carry on the whole, or substantially the whole of the Company’s business.

I, Rebecca Beeley of 20 Grassholme Drive, Offerton, SK2 5UN, was involved in the promotion, formation and management of the Company during the last 12 months. I am also a director of Beauty Crew Ltd.

I hereby give notice that it is my intention to act in one or more of the ways specified in section 216 (3) of the Insolvency Act 1986 in connection with, or for the purpose of carrying on the whole or substantially the whole of the business of the insolvent Company by Beauty Crew Ltd and proposes to use the names Preen and / or Preen Beauty Specialists once the arrangements to acquire substantially the whole of the business and assets of the Company and carry on the whole, or substantially the whole of the Company’s business have been completed.

I am aware that without this statement I would not otherwise be permitted to undertake those activities without the leave of the Court or the application of an exception created by the Rules made under the Insolvency Act 1986 and that a breach of the prohibition created by section 216 is a criminal offence, and I set out my statement as to the effect of the notice under Rule 22.4 (2) of the Insolvency (England and Wales) Rules 2016 below:

Section 216(3) of the Insolvency Act 1986 lists the activities that a director of a company that has gone into insolvent liquidation may not undertake unless the court gives permission or there is an exception in the Insolvency Rules made under the Insolvency Act 1986. (This includes the exceptions in Part 22 of the Insolvency (England and Wales) Rules 2016.) These activities are-

(a) acting as a director of another company that is known by a name which is either the same as a name used by the company in insolvent liquidation in the 12 months before it entered liquidation or is so similar as to suggest an association with that company;

(b) directly or indirectly being concerned or taking part in the promotion, formation or management of any such company; or

(c) directly or indirectly being concerned in the carrying on of a business otherwise than through a company under a name of the kind mentioned in (a) above.

This notice is given under Rule 22.4 of the Insolvency (England and Wales) Rules 2016 where the business of a company which is in, or may go into, insolvent liquidation is, or is to be, carried on otherwise than by the company in liquidation with the involvement of a director of that company and under the same or a similar name to that of that company.

The purpose of giving this notice is to permit the director to act in these circumstances where the company enters (or has entered) insolvent liquidation without the director committing a criminal offence and in the case of the carrying on of the business through another company, being personally liable for that company’s debts.

Notice may be given where the person giving the notice is already the director of a company which proposes to adopt a prohibited name.