EQS-Adhoc: Medacta Group SA: INTERIM AWARD IN MICROPORT CASE
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EQS Group-Ad-hoc: Medacta Group SA / Key word(s): Miscellaneous Press Release INTERIM AWARD IN MICROPORT CASE Medacta announces that an interim arbitration award has been made against ASD and William Zurowski in the amount of USD 9,705,900 for damages plus legal fees and costs. The arbitration award is not final and is subject to appeal and the court proceeding against Medacta remains pending. As proceedings remain ongoing, Medacta cannot comment further at this time. For further details see also note 6.25 of Medacta's consolidated financial statements 2018. About Medacta: End of ad hoc announcement |
Language: | English |
Company: | Medacta Group SA |
Strada Regina | |
6874 Castel San Pietro | |
Switzerland | |
Phone: | +41 91 696 6060 |
E-mail: | [email protected], [email protected] |
Internet: | www.medacta.com |
ISIN: | CH0468525222 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 978303 |
End of Announcement | EQS Group News Service |
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978303 19-Feb-2020 CET/CEST
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