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PVCS Pv Crystalox Solar Plc

33.10
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pv Crystalox Solar Plc LSE:PVCS London Ordinary Share GB00BJ0CHQ31 ORD 3.0206P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.10 30.20 36.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

PV Crystalox Solar PLC Receipt of Final Payment (0513J)

30/11/2018 9:51am

UK Regulatory


Pv Crystalox Solar (LSE:PVCS)
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TIDMPVCS

RNS Number : 0513J

PV Crystalox Solar PLC

30 November 2018

PV Crystalox Solar PLC

Receipt of Final Payment under Settlement Agreement relating to Arbitration Award

Further to the announcement of 17 August 2018, PV Crystalox Solar plc (the "Group") announces that it has received the final payment of EUR14.3m due under the agreement with its customer in settlement of all claims and obligations relating to the wafer supply contract and arbitration award (the "Agreement"). Under the Agreement the customer has now made total payments of EUR28.8m, including the initial payment of EUR14.5m received in May 2018, and waived its right to demand delivery of the outstanding wafers.

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCFKKDQCBDKFDN

(END) Dow Jones Newswires

November 30, 2018 04:51 ET (09:51 GMT)

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