Jubii Europe N.V. / Key word(s): Legal Matter 07.03.2016 15:33 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Stockholm District awards damages to Yarps Network Services AB On March 7, 2016, the Stockholm District Court rendered its judgement in the lawsuit of Jubii Europe N.V.'s (ISIN NL0000233195) Swedish subsidiary Yarps Network Services AB against the Swedish telecommunication services company, TeliaSonera AB, regarding Yarps Network Services AB's claims for damages due to TeliaSonera AB's abuse of dominant position in relation to the internet access business previously offered in Sweden. The court found TeliaSonera AB guilty of abuse of its dominant position and ordered TeliaSonera to pay to Yarps Network Services AB damages of SEK 65 million plus interest until payment is made. A preliminary and rough interest calculation as per today results in an amount of approximately SEK 62 million. The amount of damages (SEK 65 million) and the amount of interest roughly and preliminary calculated as per today (approximately SEK 62 million) therefore in total amounts to approximately SEK 127 million which on the basis of the current exchange rate is approximately EUR 13,6 million. The court further decided that both parties have to bear their own costs. The Stockholm District Court was the court of first instance in this dispute and its judgment can be appealed by each party within the next three weeks. Consequently, it is not yet certain if the judgement of the Stockholm District Court will become the final and binding judgement in this dispute. Following intense assessment of the written judgement, Yarps Network Services AB will decide on further steps, including on the issue if Yarps shall appeal any part of the judgement, and disclose this decision in an adhoc announcement. Jubii Europe N.V. Haarlem, the Netherlands, March 7, 2016 07.03.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Jubii Europe N.V. Fonteinlaan 7 2012 JG Haarlem Netherlands Phone: +49 (0)5241 7080444 Fax: +49 (0)5242 9164610 E-mail: contact@jubii.com Internet: http://www.jubii.com ISIN: NL0000233195 WKN: 932728 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart End of Announcement DGAP News-Service
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Stockholm District awards damages to Yarps Network Services AB On March 7, 2016, the Stockholm District Court rendered its judgement in the lawsuit of Jubii Europe N.V.'s (ISIN NL0000233195) Swedish subsidiary Yarps Network Services AB against the Swedish telecommunication services company, TeliaSonera AB, regarding Yarps Network Services AB's claims for damages due to TeliaSonera AB's abuse of dominant position in relation to the internet access business previously offered in Sweden. The court found TeliaSonera AB guilty of abuse of its dominant position and ordered TeliaSonera to pay to Yarps Network Services AB damages of SEK 65 million plus interest until payment is made. A preliminary and rough interest calculation as per today results in an amount of approximately SEK 62 million. The amount of damages (SEK 65 million) and the amount of interest roughly and preliminary calculated as per today (approximately SEK 62 million) therefore in total amounts to approximately SEK 127 million which on the basis of the current exchange rate is approximately EUR 13,6 million. The court further decided that both parties have to bear their own costs. The Stockholm District Court was the court of first instance in this dispute and its judgment can be appealed by each party within the next three weeks. Consequently, it is not yet certain if the judgement of the Stockholm District Court will become the final and binding judgement in this dispute. Following intense assessment of the written judgement, Yarps Network Services AB will decide on further steps, including on the issue if Yarps shall appeal any part of the judgement, and disclose this decision in an adhoc announcement. Jubii Europe N.V. Haarlem, the Netherlands, March 7, 2016 07.03.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Jubii Europe N.V. Fonteinlaan 7 2012 JG Haarlem Netherlands Phone: +49 (0)5241 7080444 Fax: +49 (0)5242 9164610 E-mail: contact@jubii.com Internet: http://www.jubii.com ISIN: NL0000233195 WKN: 932728 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart End of Announcement DGAP News-Service
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