Press release | HAL |
HAL INITIATES ARBITRATION PROCEEDINGS
AGAINST ESSILORLUXOTTICA
Today, HAL initiated arbitration proceedings against EssilorLuxottica S.A. in connection with the envisaged sale by HAL of its 76.72% ownership interest in GrandVision to EssilorLuxottica (the Transaction).
HAL has commenced the arbitration proceedings to ensure that EssilorLuxottica complies with its obligations in respect of the Transaction.
As previously announced, EssilorLuxottica has initiated summary proceedings against HAL before the District Court in Rotterdam. HAL believes that the claims of EssilorLuxottica are without merit.
HAL Holding N.V.
July 30, 2020
08h30
This press release contains inside information relating to
HAL Trust within the meaning of Article 7(1) of the EU
Market Abuse Regulation.
HAL HOLDING N.V. | 1 |
Commercial registry Curaçao 46339
5, AVENUE DES CITRONNIERS, MC 98000 MONACO
TEL: (377) 92 16 75 79 FAX: (377) 93 25 54 34
50108896 M 29715070 / 1
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HAL Trust NV published this content on 30 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2020 18:01:11 UTC