Regarding the company’s former CEO Fredrik Zetterström, the Arbitration is expected to be on May 20, 2020.
The company’s former CEO Fredrik Zetterström has initiated arbitration and demanded compensation corresponding to EUR 378,105 from the Latvian Forest with reference to a profit sharing agreement. The Latvian Forest has disputed the claim. Final negotiations have been held and arbitration is expected to be on May 20, 2020.
For further information contact
Aleksandrs Tralmaks, CEO
+37129203972
[email protected]
Or visit our website: www.latvianforest.se
This information is such information that Latvian Forest Company AB (publ) is required to disclose under the EU Market Abuse Regulation. The information was submitted for publication on May 17, 2019 at the time of the above contact person.