Brief: Qlife Holding Loses Arbitration Proceedings Against Aidian

Qlife Holding AB

24/06/2024 12:03

June 24 (Reuters) - Qlife Holding AB  QLIFE.ST :
    * LOSES ARBITRATION PROCEEDINGS AGAINST AIDIAN
    * HAS BEEN ORDERED TO PAY APPROXIMATELY MEUR 0.80 TO AIDIAN
FOR
ITS CLAIM TOGETHER WITH A CONTRACTUALLY AGREED ANNUAL PENAL
INTEREST OF 10.00 PER CENT PER ANNUM FROM DUE DATES ONWARD UNTIL
PAYMENT
    * ALSO APPROXIMATELY MEUR 0.26 TO AIDIAN FOR ITS LEGAL FEES
TOGETHER WITH PENAL INTERESTS
    * IN ADDITION, QLIFE APS SHALL PAY APPROXIMATELY MEUR 0.07
FOR
FEES AND COSTS FOR ARBITRATOR AS WELL AS ADMINISTRATIVE COSTS
RELATED TO ARBITRATION PROCEEDINGS

Source text for Eikon:  ID:nWkrb6cYyh 
Further company coverage:  QLIFE.ST 

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