BRIEF-Enero Group says commercial settlement

Mon, 03 Mar - 2:22pm

March 2 (Reuters) - Enero Group Ltd EGG.AX :

* Agreed to pay an amount of $1.15 million in respect of warranty claims

notified in relation to a prior divestment

* One-off payment is made in full and final satisfaction of all claims and is

payable in the second half of FY 2014 from existing cash reserves

* Claim has no ongoing impact on co's operations

* Source text for Eikon News Search ID:nASXbkwFCx

((For more news, please click here EGG.AX )) ((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140303:nWNBS00CN1:6
Topics: 
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