04:00 PM EST - Ridley Inc. : said that the court-approved process for receiving opt-out notices to the settlement agreement between Ridley Inc. and the representative plaintiffs in the BSE class action lawsuits has been completed. The independent administrator of the opt out process has reported that the number of opt-out notices accepted from the settlement class of Canadian cattle farmers was below the threshold set as a condition of the settlement agreement. Accordingly, the parties will proceed with finalization of the settlement agreement by a payment of $6 million to be made by Ridley Inc. to a trust fund for the benefit of the settlement class members in the continuation of their case against the Government of Canada. Ridley Inc.
shares T. RCL are trading even at $7.49.
