Welcome to the Presbyterian Mutual Society Ltd
(In Scheme of Arrangement)

This website is maintained by the Joint Supervisors of the Scheme of Arrangement who will post updates as and when necessary on this page.

 

The Administration of the Presbyterian Mutual Society was formally ended with effect from 7 November 2013. Previous updates and documents relating to the Administration are available by going to Administration Updates section in the menu to the left.

Update from the Joint Supervisors 5 December 2014

The Joint Supervisors wish to advise you that the PMS office at Glengall Exchange will close with immediate effect and has been relocated to 5th Floor, Causeway Tower, 9 James Street South, BELFAST BT2 8DN.
The telephone contact is unchanged at 028 9031 1232.

Update from the Joint Supervisors 3 December 2014

The Joint Supervisors have today placed on the website the summarised accounts for the Scheme of Arrangement for the year to 31 March 2014. They are available here.

Update from the Joint Supervisors 9 June 2014

The Joint Supervisors have today posted an updated set of the 2013 accounts on the website. Certain information has been redacted for reasons of commercial sensitivity or confidentiality. The document is available here.

 

Update from the Joint Supervisors 31 October 2013

The Joint Supervisors have today placed on the website the summarised accounts for the Scheme of Arrangement for the year to 31 March 2013. They are available here.

 

Update from the Joint Supervisors 21 June 2013

The Joint Supervisors have today placed on the website the summarised accounts for the Scheme of Arrangement for the nine-month period to 31 March 2012. They are available here.

 

Update from the Joint Supervisors Wednesday 3 August 2011

For clarification purposes, the Joint Supervisors wish to make clear that media reports claiming that "savers" with less than £20,000 are receiving all their money back and all those over £20,000 will receive 85%, are mistaken.


As stated in the Scheme of Arrangement approved by the members and creditors,

  • Savers with total holdings of shares and loans up to £20,000 have received 100% of their shares and 85% of their loans and
  • Savers with holdings of shares and loans above £20,000 have received between 77% and 85% of their total holdings before deducting any individually agreed voluntary deferral (Max 4.2%)
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    Update from the Joint Supervisors Monday 1st August 2011

    The Joint Supervisors are pleased to confirm that cheques to members and creditors have been posted today.