Brief: Plexian Updates On Ongoing Financial Dispute With Finnish Payment Card Provider

Plexian AB (publ)

16/04/2024 16:01

April 16 (Reuters) - Plexian AB (publ)  PLEXIA.ST :
    * UPDATES ON ONGOING FINANCIAL DISPUTE WITH FINNISH PAYMENT
CARD
PROVIDER
    * FINNISH SUPPLIER DEMANDS SEK 6 MILLION THROUGH AN ONGOING
ARBITRATION PROCESS IN FINLAND
    * PLEXIAN HAS FILED A COUNTERCLAIM OF AROUND SEK 4 MILLION,
REPRESENTING ERRONEOUS PAYMENTS TO FINNISH SUPPLIER FOLLOWING
TERMINATION OF CONTRACT, WHICH HAVE NOT YET BEEN REIMBURSED TO
PLEXIAN
    * LATEST INVESTIGATION HAS REVEALED SEVERAL FUNDAMENTAL
FLAWS IN
THE AGREEMENT SIGNED BY FORMER CEO STAFFAN MATTSON
    * IF THESE FLAWS ARE CONFIRMED, AGREEMENT COULD BE CANCELLED
IN
ITS ENTIRETY

Source text for Eikon:  ID:nBQN90tswf 
Further company coverage:  PLEXIA.ST 

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