Settlement of Delta-T Litigation
April 23 2009 - 2:00AM
UK Regulatory
TIDMBNLN
RNS Number : 8610Q
Bateman Litwin N.V.
23 April 2009
Bateman Litwin N.V. ("Bateman Litwin" or the "Company")
Settlement of Delta-T Litigation
Amsterdam, The Netherlands, 23 April 2009 - Bateman Litwin N.V., is pleased to
announce that the litigation between Bateman Litwin and the former owners of
Delta-T Corporation ("Delta-T"), Bibb and Robert Swain, has been settled. The
litigation related to the Swains' sale to Bateman Litwin of the stock of
Delta-T.
The terms of the settlement are confidential, however, it can be confirmed that
as part of the settlement the Bateman Litwin shares held by the Swains will be
returned to the Company.
Enquiries:
+---------------------------------------------+---------------------------+
| Bateman Litwin | Tel: + 44 (0)20 7799 8307 |
| David Lamont, Chief Executive Officer | |
| Davis Larssen, Chief Financial Officer | |
| Ingrid Boon, Investor Relations Manager | |
| | |
+---------------------------------------------+---------------------------+
| Credit Suisse Securities (Europe) Limited | Tel: +44 (0)20 7888 8888 |
| Nominated advisor and joint broker | |
| Jon Grussing | |
| Will MacLaren | |
| | |
+---------------------------------------------+---------------------------+
| Oriel Securities Limited | Tel: +44 (0)20 7710 7600 |
| Joint broker | |
| Richard Crawley | |
| Pelham Public Relations | |
+---------------------------------------------+---------------------------+
| Archie Berens | Tel: +44 (0)20 7337 1509 |
+---------------------------------------------+---------------------------+
| | |
+---------------------------------------------+---------------------------+
About Bateman Litwin N.V.
Bateman Litwin is a supplier of technology, engineering, procurement and project
management services to the world's energy and resource industries. To find out
more, visit Bateman Litwin at: www.bateman-litwin.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCURSVRKSRSUAR
Bateman Litwin (LSE:BNLN)
Historical Stock Chart
From Sep 2024 to Oct 2024
Bateman Litwin (LSE:BNLN)
Historical Stock Chart
From Oct 2023 to Oct 2024