19th Jun 2007 07:01
Zest Group PLC19 June 2007 19 June 2007 Zest Group PLC Settlement in relation to Warranties Zest, ("Zest" or "the Group", AIM: ZEST), the independent music publisher,record label and production company today announces that the Group has reached asettlement with the vendors of Greensleeves Records Limited and GreensleevesPublishing Limited ("Greensleeves") in relation to the breach of certainspecified warranties given by the vendors at the time of the acquisition ofGreensleeves. The settlement comprises a payment of £433,244, plus a sum, currently beingdetermined by an audit ,regarding certain record royalties. The Directorsexpect this amount to be no more than £30,000. Enquiries: Steve Weltman, Chief Executive +44 (0) 207 451 9800 John Bick +44 (0) 7917 649 362 Tim Cofman/Nicola Rayner +44 (0) 121 616 2101 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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