CNU
11/04/2014 08:34
GENERAL
REL: 0834 HRS Chorus Limited (NS)
GENERAL: CNU: Chorus seeks leave to appeal High Court judgment
STOCK EXCHANGE ANNOUNCEMENT
11 April 2014
Chorus seeks leave to appeal High Court judgment
Chorus has confirmed that it has sought leave to appeal the High Court
judgment received on 8 April 2014.
"We must continue to use every option available to us in order provide
clarification of pricing principles and section 18/18 (2A), which is a
critical part of the regulatory regime and affects both current and future
industry outcomes," said Vanessa Oakley, Chorus General Counsel.
"It is important to note that seeking this further guidance does not disturb
Chorus' strong focus on the Final Pricing Principle (FPP) processes underway,
which are due to be completed by the Commission by 1 December 2014."
ENDS
For further information:
Ian Bonnar
Corporate Affairs Manager
Mobile: +64 (27) 215 7564
Email: [email protected]
Brett Jackson
Investor Relations Manager
Mobile: +64 (27) 488 7808
Email: [email protected]
End CA:00249387 For:CNU Type:GENERAL Time:2014-04-11 08:34:16
Price at posting:
$1.74 Sentiment: None Disclosure: Held
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