Biotrace Int. - Re Claim by Former Chief.Exec
24 Dezembro 1997 - 10:22AM
UK Regulatory
RNS No 1061k
BIOTRACE INTERNATIONAL PLC
24th December 1997
BIOTRACE INTERNATIONAL PLC
Biotrace International Plc has received a writ today from
Mr Brian Levett, the former Chief Executive of the
Company.
In the writ, Mr Levett is claiming amounts due under his
contract of employment and reinstatement of options over
1,761,363 shares which, in the opinion of the Board,
lapsed as a result of the termination of his contract of
employment on 24th November, 1995.
As announced previously on 26th September 1996, the Board
strongly disagrees with the claim made by Mr Levett and
will vigorously contest the action.
END
MSCOCQCDBDDDDBB
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