Rua Life Sciences PlcLSE: RUA

Settlement of Legal Proceedings

· Issued by Rua Life Sciences Plc
RNS Number : 9108P
AorTech International PLC
08 October 2013
 

AorTech International Plc ("Aortech" or the "Company")

As previously announced, AorTech had agreed to a mediation process to resolve the dispute with SynCardia.  AorTech is now able to announce that a settlement has been reached.  The terms of the settlement are confidential.  However, AorTech can confirm that there will be no adjustment required to the AorTech group balance sheet as a result of the Settlement Agreement.

Enquiries:

AorTech International plc

Bill Brown, Chairman

Tel: +44 (0) 7730 718296

finnCap

Stuart Andrews/Rose Herbert
finnCap as Nominated Adviser
Tel: 020 7220 0500


This information is provided by RNS
The company news service from the London Stock Exchange
 
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