Suresnes, June 29th, 2018: Recylex S.A. (Euronext Paris: FR0000120388 - RX) duly notes the rulings handed down today by the Douai Appeal Court rejecting the claims for damages for prejudice of anxiety lodged by 97 former employees of Metaleurop Nord S.A.S. represented by the CGT union.
The Douai Appeal Court has overturned the Lens Labour Court decisions of 14th and 18th October 2016 by which Recylex S.A. was condemned to indemnify these 97 former employees of Metaleurop Nord S.A.S. up to a global amount of €1.2 million. These decisions were not enforceable by provision.
The Douai Appeal Court has stated today that the indemnification of a prejudice of anxiety can only be granted to former employees of a plant included on the list of facilities eligible for the early retirement allocation for asbestos workers ("ACAATA") and that the company Recylex S.A. was never included on such list.
As a reminder, the claims for damages brought by approximately 345 other former employees of Metaleurop Nord S.A.S. will be examined at the hearing of the Lens Labour Court scheduled for March 26th, 2019.
A document summarizing the main legal proceedings concerning Recylex S.A. can be found on the Recylex Group's website (www.recylex.fr - News - Legal proceedings schedule).
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Regenerating the urban mines
With operations in France and Germany, Recylex is a European group specialized in lead, plastics and zinc recycling, as well as a producer of special metals. A key player in the circular economy with long-standing expertise in urban waste recovery, the Group has more than 660 employees in Europe and generated consolidated sales of €450 million in 2017. For more information about Recylex Group: www.recylex.fr and on twitter: @Recylex
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Press/Investor contact:
Gabriel ZEITLIN
+ 33 (0)1 58 47 29 89
