• Integral Diagnostics served with claim by Vendors of Imaging Queensland business
• Dispute relates to earn-out valuation determined by independent expert in 2019
• Integral intends to defend the proceeding

Integral Diagnostics Limited (ASX: IDX) has advised that it has been served with a claim filed in the Supreme Court of Queensland by the Vendors of the Imaging Queensland business, which Integral acquired in 2019. The claim seeks damages and other relief from Integral and a subsidiary in relation to an earn-out valuation dispute. The Vendors have commenced this proceeding more than two years after an independent expert appointed by the parties determined a valuation for the earn-out of $2.2 million. Integral has previously sought to resolve this dispute based on this valuation, but the Vendors have declined and have now commenced legal proceedings. Integral intends to defend the proceeding. Details of the dispute and Integral's provisioning are disclosed in Integral's Annual Report.