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DiaGenic ASA Reduces Its Payment Obligations


1/10/2014 9:56:42 AM

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DiaGenic has entered into an agreement with its largest creditor that significantly reduces DiaGenic’s financial liabilities going forward. The agreement includes a final payment of NOK 1.5 million to DiaGenic’s landlord in exchange for the termination of a long-term facility lease contract. The total estimated liability for the facility lease per 30 September 2013 was reported in the third quarter report 2013 to be NOK 5.8 million.

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