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Noble Group: Legal Claim Filed & Subsequently Withdrawn.

20 Jun 2018 10:32

Noble Group Limited wishes to announce that a lawsuit was filed against it on 13 June 2018 by Pinpoint Asset Management Ltd and Value Partners Limited, who are holders of existing 6% perpetual capital securities issued by the Company, in the High Court of Justice of England and Wales, seeking an injunction restraining the transfer of assets pursuant to the Company's proposed debt restructuring announced on 14 March 2018. The Company was not served with the suit and on 19 June 2018 received a copy of a notice of discontinuance of the claim by both Holders, which has been filed with the relevant Courts of England and Wales...

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Source: ShareInvestor Express