Aspocomp Group Plc
THE FRENCH COURT OF APPEAL ORDERED ASPOCOMP TO PAY COMPENSATION TO FORMER EMPLOYEES OF ASPOCOMP S.A.S.
Espoo, Finland, 2012-09-18 08:00 CEST (GLOBE NEWSWIRE) —
Aspocomp Group Plc, Company Announcement, September 18, 2012 at 9:00 a.m.
The Court of Appeal of Rouen has changed the decision rendered by the Labor Court of Evreux and has ruled that Aspocomp Group Plc has to pay to seven former employees of its former French subsidiary, Aspocomp S.A.S., approximately EUR 187 000 and the legal interest. The original ruling of the Labor Court of Evreux was approximately EUR 127 000 and the legal interest. Aspocomp Group Plc has not yet been formally notified of the decision.
The decision of the French Court relates to the claims raised by seven former Aspocomp S.A.S. employees (Aspocomp’s Company Announcements 21.11.2011 and 28.10.2010).
The ruled compensations do not have an impact on the financial result of the current fiscal year because Aspocomp has earlier made a related reservation.
Aspocomp considers if it would take further legal actions.
For further information, please contact Sami Holopainen, CEO,
tel. +358 20 775 6860, sami.holopainen(at)aspocomp.com.
ASPOCOMP GROUP PLC
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Aspocomp sells and manufactures high-tech PCBs. Aspocomp’s products are used in the electronics industry, for instance, in telecommunications networks, automobiles and many type of industrial applications.