IMF 0.28% $3.60 imf bentham limited

News: IMF IMF Bentham updates on USA case

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    July 27 (Reuters) - IMF Bentham Ltd (IMF) :

    • USA case update (IMF)
    • Bentham USA's client is appealing this decision
    • Case funded by IMF'S wholly owned subsidiary, Bentham Capital referred to in

      our announcement of 11 December 2014 has been dismissed.

    • There is no cash impact associated with this write-down.
    • IMF will, in accordance with applicable accounting standards, write down its

      intangible assets by $1.5M in FY ending 30 June 2016

                        
 
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