Tallinn, Estonia, 2013-11-26 15:00 CET (GLOBE NEWSWIRE) --
On 25 November 2013, the Swedish Board of Agriculture decided that the claim of compensation of damage of Överumans Fisk AB is justified and that there are legal grounds for satisfying the claim of compensation of damage and loss of profit. The exact amount of compensation to be paid to Överumans Fisk AB will be decided separately.
On 31 July 2013, Överumans Fisk AB, the fully owned subsidiary of AS Premia Foods filed a claim of compensation of damage and loss of profit against the Swedish Board of Agriculture (in Swedish: Jordbruksverket ) in connection with the on-going administrative proceedings initiated against Överumans Fisk AB in May 2012 resulting in the destruction of 17 tons of fish fingerlings. The total amount of damage and loss of profit claimed to be compensated is up to approximately SEK 25,486,867.70 (approximately 3 million euro). Detailed information on the compensation claim has been provided in the stock exchange news published on 5 August 2013 available at https://newsclient.omxgroup.com/cdsPublic/vie...eId=700914 .
On 25 November 2013, the Swedish Board of Agriculture decided that the claim of compensation of damage of Överumans Fisk AB is justified and that there are legal grounds for satisfying the claim of compensation of damage and loss of profit. The decision on the exact amount of compensation will be taken once Överumans Fisk AB has provided the Swedish Board of Agriculture with the final amount of compensation claimed by it along with the complete set of documentation evidencing all damage and loss of profit suffered by it. In the initial claim it was referred that the amount of claim (SEK 25,486,867.70 (approximately 3 million euro)) may increase dependant on the time when the decision on the claim is taken by the Swedish Board of Agriculture.
Additional information: Katre Kõvask AS Premia Foods Chairman of Management Board T: +372 6 033 800 katre.kovask@premia.ee www.premiafoods.eu
