Access Intelligence PLC - London-based software-as-a-service products provider - Notes Australian copyright tribunal ruling means subsidiary Isentia payments are to stay stable. Access Intelligence says Isentia ruling is fair, but notes Copyright Agency considering options.
Chief Executive Officer Joanna Arnold says: "I am reassured by the findings and outcome of the Copyright Tribunal. Whilst we understand that CAL are considering their options for a judicial review of the decision, I believe that this ruling from the Copyright Tribunal is a strong sign that this area of uncertainty regarding future copyright costs is behind Isentia. We are committed to supporting high quality journalism and this ruling is categorically the right decision for the industry and is a positive outcome for the group."
Current stock price: 142.90 pence
Year-to-date change: up 63%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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