Royal Imtech : lmtech and Deminor agree on settlement

Royal Imtech have agreed on an out-of-court opt-in settlement for compensation of former shareholders represented by Deminor in relation to the irregularities which have led up to Royal Imtech's press release of 4 February 2013. Royal Imtech expects that the shareholders represented by Deminor will opt-in to the settlement.

Gerard van de Aast, CEO: "We are pleased with this settlement as it closes another chapter regarding the past events."

The parties to the settlement will not communicate further details about the settlement. The settlement will not have a material impact on Royal Imtech's cash flow or results of operations.

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Imtech profile
Royal Imtech N.V. is a European technical services provider in the fields of electrical solutions, automation and mechanical solutions. With approximately 22,000 employees, Imtech holds attractive positions in the buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland and Spain, the European market of Traffic as well as in the global marine market. Imtech offers integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for customers and the customers they, in their turn, serve. Imtech also offers solutions that contribute towards a sustainable society - for example, in the areas of energy, the environment, water and traffic. Imtech shares are listed on Euronext Amsterdam.