December 25, 2017 / 9:02 AM / 6 months ago

BRIEF-EBC Solicitors Says Transfers Back Ownership Of Stake In Red Dev Studio

Dec 25 (Reuters) - EBC Solicitors SA:

* SAID ON FRIDAY THAT IT HAS NOT RECEIVED FROM TELEHORSE A REMAINING PRICE FOR THE STAKE IN RED DEV STUDIO AMOUNTING TO 1.32 MILLION ZLOTYS

* SAYS WILL USE ITS RIGHT TO TRANSFER OWNERSHIP OF THE STAKE BACK AND TO KEEP THE EARLIER PAYMENT FOR RED DEV STUDIO STAKE OF 0.39 MILLION ZLOTYS

* AS A RESULT OF TRANSFERRING BACK THE STAKE IT WILL OWN A 47.17 PERCENT STAKE IN RED DEV STUDIO

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Further company coverage: (Gdynia Newsroom)

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