PI Power International Limited

EANS-News: PI Power International Limited
PI Power International has executed a non-binding agreement with Meinl Bank

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Strategic management decisions

St Helier, Jersey, Channel Islands (euro adhoc) - 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

Ende der Mitteilung                               euro adhoc
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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

Original-Content von: PI Power International Limited, übermittelt durch news aktuell

Weitere Meldungen: PI Power International Limited

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