Independent's joint scheme administrators announce first and final dividend

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After the agreement of almost 6,000 claims admitted in the scheme, a first and final dividend of 14.47% has been set, in consultation with Independent’s Creditors’ Committee. Mark Batten, joint scheme administrator and partner at PwC, said: “The payment of the first and final dividend to Scheme Creditors, which will commence in the next few days, represents a significant final milestone after Independent’s failure almost 16 years ago. “The Joint Scheme Administrators appreciate Scheme Creditor