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SMALL BUSINESS
Fyffes PLC - Costs awarded to Fyffes
RNS Number:6158H
Fyffes PLC
13 November 2007
Stock Exchange Announcement
Supreme Court awards costs to Fyffes
On 27 July 2007, five Judges of the Irish Supreme Court unanimously decided in
Fyffes' favour in its legal action against DCC plc, S&L Investments Limited, Mr
Jim Flavin and Lotus Green Limited ('the defendants') in connection with the
sale of 31,169,493 Fyffes shares in February 2000. Following on from this
decision, the Supreme Court today issued an order for all costs in both the High
Court and Supreme Court actions in favour of Fyffes.
The Supreme Court today also referred the case back to the High Court to
determine the amount due to Fyffes under Part V of the Companies Act, 1990
arising from the unlawful dealing by the defendants. The High Court is expected
to determine this matter in 2008.
Fyffes plc
13 November 2007
For further information please contact:
Drury Communications
Billy Murphy Tel: +353-1-260 5000 / Mobile: +353 87 231 3085
This information is provided by RNS
The company news service from the London Stock Exchange
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