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  5. Receipt of Final Payment

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Receipt of Final Payment

30 Nov 2018 09:51

RNS Number : 0513J
PV Crystalox Solar PLC
30 November 2018
 

PV Crystalox Solar PLC

Receipt of Final Payment under Settlement Agreement relating to Arbitration Award

Further to the announcement of 17 August 2018, PV Crystalox Solar plc (the "Group") announces that it has received the final payment of €14.3m due under the agreement with its customer in settlement of all claims and obligations relating to the wafer supply contract and arbitration award (the "Agreement"). Under the Agreement the customer has now made total payments of €28.8m, including the initial payment of €14.5m received in May 2018, and waived its right to demand delivery of the outstanding wafers.

Enquiries:

 

PV Crystalox Solar PLC +44 (0) 1235 437160

Iain Dorrity, Chief Executive Officer

Matthew Wethey, Chief Financial Officer and Group Secretary

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
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19th May 20117:00 amRNSInterim Management Statement
12th Apr 20113:03 pmRNSHolding(s) in Company
24th Mar 20117:00 amRNSPreliminary Results
11th Feb 201110:53 amRNSNotice of Results
21st Dec 20103:39 pmRNSDirector/PDMR Shareholding
24th Nov 20102:30 pmRNSCapital Markets Day
19th Nov 20107:00 amRNSInterim Management Statement
22nd Sep 20104:17 pmRNSDirector Declaration
19th Aug 20107:00 amRNSInterim Results
23rd Jul 20109:00 amRNSNotice of Results
2nd Jun 20102:20 pmRNSAGM Results of Voting
28th May 201010:02 amRNSAGM Statement
19th May 20107:00 amRNSInterim Management Statement
9th Apr 201011:31 amRNSNotification of major interest in shares
25th Mar 20107:00 amRNSPreliminary Results
17th Feb 20109:21 amRNSNotification of Preliminary Results
12th Feb 20104:55 pmRNSHolding(s) in Company
12th Feb 20104:54 pmRNSHolding(s) in Company
20th Jan 20104:39 pmRNSRe: Employee Benefit Trust
18th Jan 20103:29 pmRNSShare Purchase
20th Nov 20097:00 amRNSBoard Appointment
19th Nov 20097:00 amRNSInterim Management Statement
19th Aug 20097:00 amRNSInterim Results
11th Aug 20093:10 pmRNSNotification of Major Interests in Shares
15th Jul 20091:08 pmRNSDirector Declaration
17th Jun 20091:10 pmRNSAnnual Information Update
8th Jun 200910:20 amRNSNotification of Major Interests in Shares
29th May 20098:46 amRNSResult of AGM
15th May 20097:00 amRNSInterim Management Statement
1st Apr 20092:22 pmRNSHolding(s) in Company
26th Mar 20097:00 amRNSFinal Results
5th Feb 20097:09 amRNSNotice of Results and Bitterfeld Inauguration
19th Dec 20084:41 pmRNSSecond Price Monitoring Extn
19th Dec 20084:37 pmRNSPrice Monitoring Extension
18th Nov 20087:00 amRNSInterim Management Statement
30th Oct 20087:00 amRNSSite Visit & Presentation
20th Oct 20087:00 amRNSSupply Agreement
21st Aug 20085:18 pmRNSInterim Dividend
21st Aug 20087:00 amRNSInterim Results
12th Aug 20082:58 pmRNSNotice of Results
31st Jul 20087:00 amRNSSupply Agreement
18th Jun 20087:00 amRNSNew Contract
27th May 20087:00 amRNSAGM Statement
19th May 20087:00 amRNSPVCS Interim Management State
4th Apr 20086:09 pmRNSHolding(s) in Company
3rd Apr 20085:05 pmRNSHolding(s) in Company
3rd Apr 20087:01 amRNSFinal Results
18th Mar 20081:05 pmRNSNotice of Results
7th Mar 20082:55 pmRNSHolding(s) in Company
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