Watchstone RNS Release
CLAIM BY SLATER AND GORDON (UK) 1 LIMITED
7:00 AM 14 Jun 2017
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:
Column 1 Column 2 0 Watchstone Group plc 0; Tel: 020 7930 8033 1 [email protected]
Peel Hunt LLP, Nominated Adviser and broker
Tel: 020 7418 89002 Dan Webster
This information is provided by RNS
The company news service from the London Stock Exchange
END
Link: http://www.*.co.uk/companies/rns/170614wtg0061i
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