Valmieras stikla škiedra
About a legal process termination in Germany
Valmieras stikla škiedra 13.03.2015 15:00 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- JSC Valmieras stikla šķiedra announces that legal process in Würzburg Regional Court (Germany) regarding the JSC Valmieras stikla šķiedra lodged claim against a company in Germany Excelsius Global Services GmbH and legal individuals for EUR 3.599.339,72 and interest recovery is terminated due to a settlement conclusion. On 10th of March information has been received from the JSC Valmieras stikla šķiedra representative, advocate office in Germany that the settlement has been fulfilled. According with the terms JSC Valmieras stikla šķiedra received a compensation in the amount of EUR 1.000.000.00, as well as 50% of all the legal costs. Contacts: Marika Nīmante JSC 'Valmieras stikla šķiedra' marketing project manager Phone: +371 64202276, +371 26635509 Fax: +371 64281216 E-mail: Marika.Nimante@valmiera-glass.com More information about company: www.valmiera-glass.com News Source: NASDAQ OMX 13.03.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Valmieras stikla škiedra Latvia Phone: Fax: E-mail: Internet: ISIN: LV0000100485 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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