Legal Proceedings Report • Aug 7, 2019
Legal Proceedings Report
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Grenfell Tower Arbitration Aftermath
After losing the arbitration dispute over Grenfell Tower (see message to Oslo Stock Exchange 5th July 2019), Protector has concluded settlement terms with other [involved] parties under which Protector will recover 85 % of the disputed amount, corresponding to approximately 60 MNOK. The amount will be paid to Protector and booked in Q3. Having concluded this matter, we look forward to focusing on profitable growth in UK and the Nordics.
Oslo, August 7th 2019
Protector Forsikring ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
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