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Brief: Dutch Tribunal Denies PostNL's Subsidy Request

Sept 5 (Reuters) - PostNL NV PTNL.AS:

RULING ON POSTNL 'S REQUEST FOR INTERIM RELIEF REGARDING THE REJECTION OF AN APPLICATION FOR A SUBSIDY IN CONNECTION WITH THE UNIVERSAL SERVICE AGREEMENT (USP) OBLIGATIONS

INTERIM RELIEF JUDGE SEES NO GROUNDS FOR CONCLUDING THAT THE MINISTER IS OBLIGATED TO GRANT POSTNL A SUBSIDY

OBLIGATION DOES NOT ARISE FROM NATIONAL LEGISLATION

ON POSTNL: IN OPINION OF INTERIM RELIEF JUDGE, IT HAS NOT BEEN DEMONSTRATED THAT SITUATION IS SO DIRE THAT MINISTER IS THEREFORE OBLIGATED TO GRANT (TEMPORARY) SUBSIDY AT THIS TIME

INTERIM RELIEF JUDGE ALSO DOUBTS WHETHER OBLIGATION IMPOSED ON POSTNL TO IMPLEMENT USP CAN, IN ITSELF, CONSTITUTE VIOLATION OF ARTICLE 1 OF EUROPEAN PARLIAMENT

Further company coverage: PTNL.AS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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