A spokesman said they refute the claims and will have “no hesitation” in defending their position through the courts if that is what is ultimately required.
They said: “We note the recent announcement from EQTEC plc that they have issued a claim against Logik Developments Limited and Logik WTE Limited in relation to sums allegedly due to them arising from the Deeside Project and a share purchase agreement dated 7 December 2020. However, at present, no such claim has been served on either Logik Developments Limited or Logik WTE Limited and we cannot, therefore, comment on the precise nature of EQTEC’s claim.
It is correct that we have been in discussions with EQTEC in recent months about their alleged claims and such discussions have been conducted through legal channels via our respective solicitors. We note from EQTEC’s announcement that the total amount claimed is circa £4 million. This is surprising to us given that all pre-action correspondence to date has been limited in value to claims amounting to circa £2.9 million.
We refute EQTEC’s allegations entirely and in the event that any claim is served on Logik, this will be defended to the fullest extent.
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