PI Power International Limited
EANS-News: PI Power International Limited
PI Power International has executed
a non-binding agreement with Meinl Bank
St Helier, Jersey, Channel Islands (euro adhoc) -
Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.
Strategic management decisions
PI Power International has executed a non-binding agreement with Meinl Bank
Jersey/Vienna, October 5, 2009 - Meinl Bank AG, AI Airports International Limited and PI Power International Limited have executed a non-binding agreement to settle their outstanding claims and litigation on 3 October 2009. The proposed terms are confidential at this stage but details will be made public if and when a definitive binding agreement is reached. All parties are working to achieve a definitive agreement as soon as practicable.
Further information on PI Power International is available at: www.powerinternational.eu
Further inquiry note:
Please address any inquiries to:
Investor Relations and Public Relations
Hochegger Financial Relations GmbH
Mick Stempel
T: +43 1 504 69 87-385
M: m.stempel@hochegger.com
Michaela Lipa
T: +43 1 504 69 87-341
M: m.lipa@hochegger.com
Branche: Energy
ISIN: AT0000A05W59
WKN:
Index: other listings
Börsen: Wien / Third Market