Brief: SIV Capital Updates On Insurance Claim For Gogetta

Siv Capital

13/09/2021 14:47

Sept 13 (Reuters) - Siv Capital Ltd  SIV.AX :
    * UPDATE REGARDING INSURANCE CLAIM FOR GOGETTA
    * NOW RECEIVED CORRESPONDENCE FROM INSURERS THAT IN THEIR
OPINION
AMOUNT PAYABLE IS NOT A MATERIAL AMOUNT
    * IT IS QUITE PROBABLE THAT AMOUNT COMPANY EVENTUALLY
RECEIVES
WILL BE SUBSTANTIALLY LESS THAN A$2 MILLION
    * NOW BELIEVE MATTER WILL NOT BE RESOLVED IN SHORT TERM AND
LIKELY
TO TAKE 12 OR 18 MONTHS
    * CONSIDER THAT THERE A NUMBER OF FACTUAL ERRORS IN ANALYSIS
BY
INSURERS

Source text for Eikon:  ID:nASX5sKZnW 
Further company coverage:  SIV.AX 

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