Dec 22 (Reuters) - Lindsay Australia Ltd (LAU) :
- Asx alert-distribution agreement-LAU.AX
- Refers to its releases to market of 25 March 2015, 01 April 2015 and 21 May 2015
- Proceedings have settled and will be formally discontinued without admission of liability
- Settlement was agreed to avoid litigation risk and expected expense of a lengthy trial
- Settlement payment will be recorded in Lau's FY2017 accounts, second tranche is payable in FY2018
Add to My Watchlist
What is My Watchlist?