Pro-Gest - no extension to 30 months

All,

Pro-Gest did not see their request granted to extend the amortisation period for the fine from 20 instalments to 30 instalments. Astonishingly, the Italian Competition Authority did not feel that Pro-Gest’s financial position warranted such a revision. 

Pro-Gest are likely to appeal, given the first instalment is due next week.

Wolfgang