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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Metro Baltic | LSE:MET | London | Ordinary Share | IM00B1G4ZQ34 | ORD EUR0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 21.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jun 2019 to Jun 2024
TIDMMET
RNS Number : 2581Q
Metro Baltic Horizons PLC
02 November 2012
Metro Baltic Horizons PLC
Litigation update
The Board of Metro Baltic Horizons PLC ("MBH" or the "Company") wishes to announce that earlier today Harju County Court (Tallinn Estonia) issued a judgement in favour of Pedragon Investments Ltd, a wholly owned Cypriot subsidiary of the Company. The court found the credit line agreement ("CLA") concluded on behalf of Pedragon Investments Ltd on 4 April 2009 by the Company's former investment advisor to be null and void. The judgement, once in force, releases Pedragon Investments Ltd from the liability of having to pay 20% interest to parties related to the investment manager under the terms of the CLA. The Board of MBH is pleased with this positive development, though notes that there remain a number of further steps in what is a complex litigation process and does not represent a definitive resolution to the matters that are the subject of said litigation. The Company will provide further updates as appropriate.
Enquiries
Metro Baltic Horizons PLC
Ronan Reid Tel: +353 1 6333843
S. P. Angel Corporate Finance LLP
Stuart Gledhill Tel: 020 3463 2260
This announcement will be available on MBH's website http://www.metrobaltichorizons.com/ as soon as practicable in accordance with AIM Rule 26.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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