16 Dec 2022 13:22 CET

Issuer

Havila Kystruten AS

Havila Kystruten AS (Havila) has today received judgment from High Court of
Justice in London regarding the dispute with Barreras (the yard)
and the guarantor surrounding the issues with regards to the shipbuilding
contracts for 2 coastal cruise vessels at the yard.
The rights and obligations relating to the terminated contract with Barreras
have previously been transferred to Havila Holding AS (Note 3 in the company's
Q3-report).
The judgment rules in favor of Havila with regards to the cancellation of the
shipbuilding contracts, and that Havila's claim against the guarantor for
repayment of installments paid should be honored.
The amount to be paid back, including interest, is stipulated to be approx. 450
MNOK.
The court also cleared Havila of any claims of damages raised by Barreras.
The judgment is not yet legally binding.

Contact:
Per Sævik:  +47 905 92 914


Source

Havila Kystruten AS

Provider

Oslo Børs Newspoint

Company Name

HAVILA KYSTRUTEN AS

ISIN

NO0011045429

Symbol

HKY

Market

Euronext Growth