Progress in the settlement process of Lehman cases in Sweden
Acta Kapitalforvaltning AS, a subsidiary of Agasti Holding ASA, has decided to settle with a group of plaintiffs in Sweden who following the bankruptcy of Lehman Brothers in 2008 brought legal action against the company. Of the remaining 396 lawsuits, 94% have accepted a settlement proposal within the amounts that the Group has made provisions for relating to these matters.
The settlement is in line with the Agasti Group's strategy to wind up all previous operations in the first half of 2015.
Please refer to previous reports and announcements from the company.
Tor Arne Olsen, Chief Communication Officer - telephone +47 900 90 470
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.