Pure Planet’s three co-founders and BP are each expected to receive more than £10 million from the ashes of the failed energy supplier, even as consumers foot a £154 million bill for its collapse.
The administration of Pure Planet’s parent company, Blue Marble Holdings, has resulted in a surplus of £43.7 million, documents filed at Companies House show. The vast majority of this is expected to be paid to shareholders, sources confirmed.
Holdings of just under 24 per cent are owned by BP and each of the co-founders: Andrew Ralston and Steven Day, both former telecoms executives, and Chris Alliott, a former City analyst. They are each expected to get more than £10 million. Tom Alexander, a former telecoms boss with a stake of almost
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March 20, 2023 at 07:01AM
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Failed Pure Planet's founders to receive £30m - The Times
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