15.04.2015
telegate AG DE0005118806
DGAP-Adhoc: Higher Regional Court announces to reject damage claim also in the second instance: telegate AG considers next legal steps as soon as decision is announced
telegate AG / Key word(s): Legal Matter
15.04.2015 14:21
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Munich / Dusseldorf, April 15, 2015 - The senate of the Higher Regional
Court in Dusseldorf announced in today's oral hearing to reject the
telegate's appeal of the damage claim (AZ VI U33/13 [Kart.]) against
Deutsche Telekom. The Court announced, to publish a corresponding decision
on April 22, 2015. As soon as the decision will be published, telegate AG
will check the chances of success of any further legal steps.
In the legal dispute, the value of the damage claim amounts to nearly 100
million Euro (incl. taxes) which telegate AG asks for as the company had to
pay higher than necessary costs for the provision of subscriber data to
Deutsche Telekom and hence, had less money available to push the company's
development.
Contact:
Anja Meyer
telegate AG
Tel.: 089/ 8954-1188
Fax: 089/ 8954-1189
E-Mail: [email protected]
15.04.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: telegate AG
Fraunhofer Str. 12a
82152 Planegg-Martinsried
Germany
Phone: +49 089 - 89 54 0
Fax: +49 089 - 89 54 10 10
E-mail: [email protected]
Internet: www.telegate.com
ISIN: DE0005118806
WKN: 511880
Indices: Prime All Share
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of Announcement DGAP News-Service
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