Watchstone Group PLC Claim by Slater and Gordon (UK) 1 Limited (0061I)
June 14 2017 - 2:00AM
UK Regulatory
TIDMWTG
RNS Number : 0061I
Watchstone Group PLC
14 June 2017
Watchstone Group plc
Claim by Slater and Gordon (UK) 1 Limited ("SGH")
Further to its announcements on 30 November 2016 and 11 May
2017, Watchstone Group plc (LON:WTG) ("Watchstone") has now been
served with High Court proceedings issued by SGH for breach of
warranty and/or fraudulent misrepresentation for a total amount of
up to GBP637m plus interest in damages.
As previously detailed, Watchstone will defend such claims
robustly.
Watchstone will make further announcements in due course, as
appropriate.
For further information:
Watchstone Group plc Tel: 020 7930
8033
alexnekrassov@newcenturymedia.co.uk
Tel: 020 7418
Peel Hunt LLP, Nominated Adviser 8900
and broker
Dan Webster
This information is provided by RNS
The company news service from the London Stock Exchange
END
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