Brief: Fjordkraft Says Will Make Adjustments In Order To Comply With Consumer Authority's Response

Elmera ASA

10/12/2020 17:00

Dec 10 (Reuters) - Fjordkraft Holding ASA  FKRAFT.OL :
    * FJORDKRAFT HOLDING - REFERENCE TO STATEMENT MADE BY CO ON 27 OCT, REGARDING NORWEGIAN
CONSUMER
COUNCIL'S ALLEGATIONS ABOUT PURCHASE PRICE CONTRACTS
    * FJORDKRAFT HOLDING ASA - CONSUMER AUTHORITY'S DECISION HAS NO IMPACT ON GROUP'S
PROFITABILITY
AND FURTHER GROWTH
    * FJORDKRAFT - CONSUMER AUTHORITY CLARIFY HOW REGULATIONS ON DISCLOSURE OF CERTAIN PRICE
ELEMENTS
INCLUDED IN PURCHASE PRICE CONTRACTS BE INTERPRETED
    * FJORDKRAFT HOLDING ASA - MAKE NECESSARY ADJUSTMENTS IN ORDER TO COMPLY WITH CONSUMER
AUTHORITY'S
RESPONSE
    * FJORDKRAFT HOLDING - NECESSARY ADJUSTMENTS WILL BE DONE WITHIN 6 JANUARY 2021, WHICH IS
DEADLINE
SET BY CONSUMER AUTHORITY
    * FJORDKRAFT - CO ONE OF 29 ELECTRICITY RETAILERS INCLUDED IN CONSUMER COUNCIL'S COMPLAINT
TO
AUTHORITY, PROPOSING PURCHASE PRICE CONTRACTS ILLEGAL

Source text for Eikon:  ID:nObi2LpNda 
Further company coverage:  FKRAFT.OL 

 ((Reuters.Briefs@thomsonreuters.com;))