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Deminor comments on Sonova Holdings’ ad hoc release of April 2nd, 2012 en

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Brussels, April 2nd, 2012: As a comment to Sonova Holdings' ad hoc announcement of today ("Update on total amount of summons to pay"), which refers to the company's previous announcement of March 15th, 2012 ("Sonova expects summons to pay from investors"), Deminor confirms that it has filed payment orders ("Zahlungsbefehle") for an amount of CHF 25.8 millions, and that such process was finalized on Friday March 16th, 2012 late afternoon.

For the sake of clarity, Sonova's announcement of March 15th, 2012 was issued before Deminor completed the successive filings on behalf of its clients. These filings took place between Wednesday March 14th, 2012 and Friday March 16th, 2012 late afternoon. As a result, the total amount claimed from Sonova Holdings, Mr. Rhis, Mr. Chapero and Mr. Walker was only known on Friday March 16th, 2012 late afternoon.

For further information, please contact:

Erik Bomans (partner): erik.bomans@deminor.com / +32 2 674 71 10

 

Deminor

Written on Apr 2, 2012 by

Deminor

Deminor helps businesses and investors monetise legal claims.

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