Triad Group Plc Statement re Recent High Court Hearing (6497R)
March 01 2019 - 10:25AM
UK Regulatory
TIDMTRD
RNS Number : 6497R
Triad Group Plc
01 March 2019
Legal Entity Identifier (LEI) No. 213800MDNBFVEQEN1G84
Triad Group Plc
Statement re Recent High Court Hearing
I refer to my announcement dated 3 January 2019.
At a High Court hearing on 12 February 2019 the Company sought,
and successfully obtained, default judgment in respect of the claim
referred to in my announcement (High Court of Justice, Queen's
Bench Division, Media and Communications List, Claim Number
QB-2018-000581: Triad Group Plc, Nicholas Burrows, Alistair Fulton
v Mira Makar).
The Company was also awarded, in full, its associated legal
costs in bringing the matter before the Court.
The Court's written judgment was handed down yesterday and can
be viewed at
http://www.bailii.org/ew/cases/EWHC/QB/2019/423.html.
Mira Makar is the registered holder of 3,951,452 shares in the
Company (24.74%) which makes her the second largest shareholder by
a substantial margin. We trust she will lend her full support to
the current successful efforts to take the Company forward. The
Company remains as always open to a constructive dialogue with Ms
Makar in order to describe and explain current developments and
progress.
Dr J C Rigg
Executive Chairman, Triad Group Plc
1 March 2019
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END
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