20th Apr 2005 12:47
Symphony Plastic Technologies PLC20 April 2005 For Immediate Release 20 April 2005 SYMPHONY PLASTIC TECHNOLOGIES PLC DEVELOPMENTS IN THE COURT OF APPEAL Following the announcement of 4 March 2005 by Symphony Plastic Technologies plc("Symphony"), there have been further developments concerning EPI's appealagainst the judgment of the High Court of 21 December 2004. At a hearing in the Court of Appeal on 20 April 2005, EPI was ordered to payinto court a further £200,000 to secure Symphony's costs of EPI's appeal. EPIwas also ordered to pay Symphony's costs for the hearing. Both amounts are to bepaid within 14 days. Michael Laurier, Chief Executive Officer, said: "The appeal is expected to be heard by the end of October 2005 and we hope thatthe litigation will be concluded before the end of this year. We remainconfident of our position." For further information, please contact: Symphony Michael Laurier, Chief Executive Tel: 020 8207 5900 Allan Blacher, Chief Operating Officer This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Symphony Env.