Brief: GetBack Says Trigon TFI Wants To Terminate Agreements With GetBack

Capitea SA

19/07/2018 06:56

July 19 (Reuters) - GETBACK SA  GBK.WA :
    * SAID ON WEDNESDAY TRIGON TOWARZYSTWO FUNDUSZY
INWESTYCYJNYCH SA
HAS MADE A DECLARATION OF WILL TO TERMINATE NINE DEBT PORTFOLIOS
MANAGEMENT AGREEMENTS WITH GETBACK
    * GETBACK SAID ACCORDING TO TRIGON AGREEMENTS WERE
TERMINATED WITH
IMMEDIATE EFFECT (I.E. AS OF JULY 18) DUE TO REASONS SOLELY
ATTRIBUTABLE TO GETBACK
    * GETBACK SAID IN ITS VIEW TERMINATION OF THE AGREEMENTS IS
NOT
POSSIBLE UNTIL INDEPENDENT REVIEW OF SALE/PURCHASE TRANSACTIONS
ON SECONDARY MARKET OF DEBT PORTFOLIOS IS COMPLETED
    * GETBACK SAID IN ITS VIEW IN ANY CASE IT CANNOT BE ASSUMED
THAT
THE AGREEMENTS HAVE BEEN TERMINATED DUE TO REASONS ATTRIBUTABLE
TO GETBACK

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM8Rzmdpa
    
 Further company coverage:  GBK.WA  
   


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