Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, announces that, following today’s hearing, the 6th and 7th of February 2024 have been set aside for the appeal hearing.
As previously announced on 20 October 2023, the Company received formal notification of an appeal against the judgement issued on 31 August 2023 in the Company’s favour following the completion of the judicial review.
The Company remains of the firm belief that any appeal will hold no merit given that the judicial review judgement comprehensively rejected the applicant’s claims on all five grounds. The applicant has now reduced their claims down to two grounds for the purpose of this appeal.
In the meantime, the appeals process will not impede or obstruct ongoing conversations being held with several counterparties in relation to the most optimum pathway to monetise the project and the Company continues to make progress as planned.
Further announcements will be made by the Company in due course.
For further information, please visit www.harland-wolff.com
