
27 Jun 2024
PCI Pal - Settlement of all patent litigation, net cash upgrade of +£0.8m
Following victory in the Court of Appeal and our net cash upgrade of +£1.1m on 22 May, PCI Pal has announced a confidential settlement that resolves the patent litigation with Sycurio and brings an end to all proceedings, which includes both the UK and US. Since the September 2021 allegations of patent infringement, PCI Pal has rigorously defended its position, and won a resounding victory in the UK High Court case in September 2023, followed by the Court of Appeal ruling in its favour in May 20 ....

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PCI Pal - Settlement of all patent litigation, net cash upgrade of +£0.8m
PCI-PAL PLC (PCIP:LON) | 46.0 -0.3 (-1.3%) | Mkt Cap: 33.3m
- Published:
27 Jun 2024 -
Author:
Michael Hill | Kimberley Carstens -
Pages:
12 -
Following victory in the Court of Appeal and our net cash upgrade of +£1.1m on 22 May, PCI Pal has announced a confidential settlement that resolves the patent litigation with Sycurio and brings an end to all proceedings, which includes both the UK and US. Since the September 2021 allegations of patent infringement, PCI Pal has rigorously defended its position, and won a resounding victory in the UK High Court case in September 2023, followed by the Court of Appeal ruling in its favour in May 20 ....