REG - Dewhurst PLC - Settlement of Claim against Dewhurst (Hungary) Kft <Origin Href="QuoteRef">DWHT.L</Origin>

DewhurstAnnouncement

16/07/2015 11:59

RNS Number : 8051Q
Dewhurst PLC
22 June 2015
Dewhurst PLC
("Dewhurst" or the "Company")
Settlement of Claim against Dewhurst (Hungary) Kft
Dewhurst plc announces the settlement of the claim (previously notified on 31 January 2014 - see RNS number: 0166Z) against Dewhurst (Hungary) Kft, a subsidiary of the Company, by AIG Specialty Insurance Co.
Following dismissal of the lawsuit in the Arizona Court, without admission or finding of liability, Dewhurst (Hungary) Kft and AIG have agreed a confidential full and final settlement of all claims arising from this dispute. There is no material impact on current market expectations for the results of Dewhurst in either this or future financial years.
For further details please contact:
Dewhurst Plc Tel: +44 (0) 208 744 8200
Richard Dewhurst, Chairman
Jared Sinclair, Finance Director
Cantor Fitzgerald Europe (Nominated Adviser) Tel: +44 (0) 207 894 7000
David Foreman / Will Goode (Corporate Finance)
David Banks / Tessa Sillars (Corporate Broking)

This information is provided by RNS
The company news service from the London Stock Exchange
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