PV Crystalox Solar PLC Update on arbitration (4415N)
October 26 2016 - 2:00AM
UK Regulatory
TIDMPVCS
RNS Number : 4415N
PV Crystalox Solar PLC
26 October 2016
PV Crystalox Solar PLC
Update on arbitration
26 October 2016
Further to the announcement of 21 June 2016, PV Crystalox Solar
plc has been advised that the evidentiary hearing of the arbitral
tribunal has been postponed until the end of March 2017. This
hearing which was scheduled to take place in Frankfurt in November
2016 has been delayed following a request from our customer.
Meanwhile in an attempt to find an amicable solution both parties
have agreed to follow a mediation process led by an external
mediator. This mediation will be conducted without prejudice to the
pending arbitration.
Enquiries:
PV Crystalox Solar PLC +44 (0) 1235 437160
Iain Dorrity, Chief Executive Officer
Matthew Wethey, Chief Financial Officer and Group Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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