Recylex S.A. - Judgment of the Court of Justice of the European Union. Recylex continues the discussions with the European Co...
08 Giugno 2021 - 8:00PM
Recylex S.A. - Judgment of the Court of Justice of the European
Union. Recylex continues the discussions with the European
Commission
The Court of Justice of the European Union has
rejected the appeal by Recylex S.A. (Euronext Paris: FR0000120388 -
RX) against the cartel fine imposed by the European Commission in
2017 for a total amount of €26.7 million.
The Company takes note of the judgment of the
Court of Justice of the European Union. This procedure was
initiated by Recylex S.A. in the context of its appeal against the
fine imposed by the European Commission.
As indicated in the press release from April 28,
2021, Recylex S.A. recalls that, as part of the restructuring of
its debt, the Company has entered into discussions with its main
creditors, including the European Commission, with a view to
adapting the amount and maturity of this debt to the Company’s
ability to pay. These discussions are still ongoing at this
date.
Recylex S.A. will keep its shareholders informed of the progress
of the restructuring process.
***
Disclaimer: This press release may contain forward-looking
statements that constitute either trends or objectives and should
not be construed as forecasts of results or any other performance
indicator. This information is by its nature subject to risks and
uncertainties, as described in the Company's Annual Report
available on its website (www.recylex.fr). More detailed
information on Recylex can be find on its website
(www.recylex.eu).
This press release is a non-official translation
into English of the press release of the same date issued in French
language and is provided solely for the convenience of
English-speaking users. This press release should be read in
conjunction with and construed in accordance with French law.
***
Raw materials from urban mines
The Recylex Group is a European specialist in
the recycling of lead, zinc and polypropylene.
For more information about the Recylex
Group: www.recylex.eu
***
Press & Investor contact: T +33 (0)158 47 29 91
| E info@recylex.eu
Recylex S.A. | Registered office: 6 place de la Madeleine |
75008 Paris | France
Administrative office: 79 rue Jean-Jacques Rousseau | 92158
Suresnes Cedex | France
- Judgment of the Court of Justice of the European Union. Recylex
continues the discussions with the European Commission