May 22 (Reuters) - Downer EDI Ltd DOW.AX :
* SPOTLESS GROUP ACCEPTED AN OFFER TO SETTLE CLASS ACTION
* AS A RESULT OF SETTLEMENT, IF APPROVED, IMPACT ON DOWNER GROUP'S RESULTS FOR 2020 FINANCIAL YEAR WILL BE $35 MILLION (PRE-TAX)
* SETTLEMENT IS WITHOUT ADMISSION OF LIABILITY AND IS SUBJECT TO FEDERAL COURT APPROVAL