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BRIEF-Regis Healthcare says supreme court upholds Regis appeal

Published 29/07/2015, 08:40 am
© Reuters.  BRIEF-Regis Healthcare says supreme court upholds Regis appeal
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July 29 (Reuters) - Regis Healthcare Ltd REG.AX :

* Supreme court upholds Regis appeal REG.AX

* Says the previously outstanding duty is not payable

* Says justice almond of the supreme court made orders in the appeals on 29 June 2015

* Says sro will be required to refund the amount paid by rac - $14.4M - plus interest and legal costs

* Says sro had 28 days to lodge a notice of appeal with the court

* The amount of interest and legal costs is yet to be determined but is expected to exceed $3M

* "Effect of this outcome is expected to be - EBITDA - an increase of approximately $19.49M in FY 2015"

* Sees effect of outcome on npat of an increase of approximately $19.46M in FY 2015

* Source text for Eikon ID:nASX8Yr2W2

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