Royal Imtech have agreed on an out-of-court opt-in settlement for compensation of former shareholders represented by Deminor in relation to the irregularities which have led up to Royal Imtech's press release of 4 February 2013. Royal Imtech expects that the shareholders represented by Deminor will opt-in to the settlement.
Gerard van de Aast, CEO:
The parties to the settlement will not communicate further details about the settlement. The settlement will not have a material impact on Royal Imtech's cash flow or results of operations.We are pleased with this settlement as it closes another chapter regarding the past events.