ATR - Update on Legal Action
22 Marzo 2006 - 6:42AM
UK Regulatory
RNS Number:2057A
Arena Leisure PLC
22 March 2006
22 March 2005
Arena Leisure Plc
At The Races - Update
Settlement of Legal Action
Arena Leisure Plc ("Arena"), notes the announcement made by At The Races ("ATR")
and the Racecourse Association ("RCA") today.
attheraces, the Racecourse Association and the 30 defendant courses "the
Courses" are pleased to announce that they have agreed to settle the proceedings
currently being heard in the High Court. The RCA and the Courses are making a
contribution of #1 million to attheraces. attheraces has withdrawn its claims
and the Racecourse Association and the Courses have withdrawn their
counterclaim.
The parties are pleased that the matter is settled and wish each other well for
the future.
- ends -
For further information, please contact:
Arena Leisure Plc
Mark Elliott, Chief Executive 020 7495 2277
Bell Pottinger Corporate & Financial
David Rydell / Zoe Sanders 020 7861 3232
This information is provided by RNS
The company news service from the London Stock Exchange
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