DGAP-News: 1&1 Drillisch Aktiengesellschaft: Request for arbitration will be filed against Telefónica to replace the expert opinion in Price Review 1
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DGAP-News: 1&1 Drillisch Aktiengesellschaft
/ Key word(s): Legal Matter
Maintal, 30 April 2020. Drillisch Online GmbH, a subsidiary of 1&1 Drillisch AG, is filing a request for arbitration against Telefónica today, in order to reach a replacement of the expert opinion in Price Review 1, the first price adjustment procedure initiated by Drillisch. 1&1 Drillisch AG has had the arbitration report reviewed in detail by a renowned auditing company. The expert opinion contains serious methodological flaws and discrepancies as regards the content and must be replaced by a proper assessment of the need for a price adjustment. In addition to the arbitration proceeding regarding Price Review 1, the Price Reviews 2 and 5 are ongoing, covering the entire period from September 2017. As a result of the new Price Review 5, Drillisch was able to withdraw the Price Reviews 3 and 4. About 1&1 Drillisch AG Contact Contact: Oliver Keil Head of Investor Relations Mail: [email protected]
30.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | 1&1 Drillisch Aktiengesellschaft |
Wilhelm-Röntgen-Straße 1-5 | |
63477 Maintal | |
Germany | |
Phone: | +49 (0) 6181 - 412 218 |
Fax: | +49 (0) 6181 - 412 183 |
E-mail: | [email protected] |
Internet: | www.1und1-drillisch.de |
ISIN: | DE0005545503 |
WKN: | 554550 |
Indices: | SDAX TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1034047 |
End of News | DGAP News Service |
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1034047 30.04.2020
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