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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sofia Prop | LSE:SPFL | London | Ordinary Share | GB00B0BV8078 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.85 | 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
TIDMSPFL
RNS Number : 5732M
Sofia Property Fund Limited
19 September 2012
COMPANY ANNOUNCEMENT
FOR IMMEDIATE RELEASE 19 September 2012
SOFIA PROPERTY FUND LIMITED
(the "Company")
Registered No: 43191
COURT RULING RE WESTHILL PROCEEDINGS
On 15th December 2009 the Company announced that it had received an indication from Westhill BG8 AD (Westhill), a developer with which the Company has partnered on selected projects, that Westhill had lodged a claim with the relevant court in Bulgaria petitioning the court for insolvency proceedings to be brought against the Company's Bulgarian subsidiary.
The Board of Directors of the Company is pleased to announce that the Sofia City Court has dismissed the claims of Westhill BG8 JSC, Westhill Development Partnership Ltd, and Westhill Bulgaria Ltd against the Company's Bulgarian subsidiary as groundless and has refused to open proceedings.
The court has awarded the Company's subsidiary costs to a total amount of BGN 317,000 (EUR 162,000) equally distributed against the three claimants.
Enquiries:
Sofia Property Fund Limited
Charles Burton
Panmure Gordon (UK) Limited
Dominic Morley
Phone: +44 207 614 8388
This information is provided by RNS
The company news service from the London Stock Exchange
END
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