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Arribatec Group ASA — Legal Proceedings Report 2015
May 20, 2015
3541_iss_2015-05-20_534b6b41-54f6-48ec-b021-99f5a162e95b.html
Legal Proceedings Report
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Progress in the settlement process of Lehman cases in Sweden
Progress in the settlement process of Lehman cases in Sweden
Acta Kapitalforvaltning AS, a subsidiary of Agasti Holding ASA, has decided to
settle with a group of plaintiffs in Sweden who following the bankruptcy of
Lehman Brothers in 2008 brought legal action against the company. Of the
remaining 396 lawsuits, 94% have accepted a settlement proposal within the
amounts that the Group has made provisions for relating to these matters.
The settlement is in line with the Agasti Group's strategy to wind up all
previous operations in the first half of 2015.
Please refer to previous reports and announcements from the company.
Contact:
Tor Arne Olsen, Chief Communication Officer - telephone +47 900 90 470
This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.