June 18, 2020 / 4:48 AM / a month ago

BRIEF-Respiri Announces A Legal Settlement With Former CEO Of Respiri

June 18 (Reuters) - Respiri Ltd:

* ANNOUNCES A LEGAL SETTLEMENT WITH FORMER CEO OF RESPIRI

* CONFIRMS SETTLEMENT INCLUDES IMMATERIAL CASH PAYMENT FOR HIM AGREEING TO FORFEIT ENTITLEMENT TO POTENTIAL SHORT TERM INCENTIVE PAYMENTS

* FORMER CEO TO ALSO FINALISE & PAY FOR PREVIOUSLY SHAREHOLDER APPROVED 1.125 MILLION CO’S SHARES AT PRICES OF $0.08 AND $0.10 Source text for Eikon: Further company coverage:

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