Source - RNS
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 £637m 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

[email protected]

 

Peel Hunt LLP, Nominated Adviser and broker

 

Tel: 020 7418 8900

Dan Webster


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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