EQS-Adhoc

Agreement in the Letzigrund Stadium legal case

EQS Group-Ad-hoc: Implenia AG / Key word(s): Agreement/Legal Matter Agreement in the Letzigrund Stadium legal case 14-Apr-2021 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR The issuer is solely responsible for the content of this announcement. Dietlikon, 14 April 2021 - Implenia and the City of Zurich have come to an agreement on the pending and threatened new court proceedings relating to the Letzigrund Stadium legal case and settled all claims. This also resolves the dispute about repayment of the City of Zurich's performance bond and the cost of correcting faults claimed by the City of Zurich.

The settlement has already been taken into account in Implenia's 2020 financial statements and has no further negative impact on Implenia's financial result. This finally brings an end to the legal dispute with the City of Zurich about the construction of the Letzigrund Stadium, which has lasted more than a decade.

Contact for media:
Corporate Communications, T [phone], [e-mail] 

Contact for Investors and Analysts:
Investor Relations, T [phone], [e-mail] 

Investors' Agenda:
17 August 2021:     Media and analysts' conference on the half-year results

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End of ad hoc announcement

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Language:	English
Company:	Implenia AG
	Industriestrasse 24
	8305 Dietlikon
	Switzerland
Phone:	[phone]
E-mail:	[e-mail]
Internet:	www.implenia.com
ISIN:	CH0023868554
Valor:	A0JEGJ
Listed:	SIX Swiss Exchange
EQS News ID:	1184399

End of Announcement	EQS Group News Service

1184399  14-Apr-2021 CET/CEST