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Autofocus Update

27th Jun 2012 14:47

RNS Number : 2822G
Helphire Group PLC
27 June 2012
 



Helphire Group plc

Issue date: 27 June 2012

 

Helphire Group plc ('we' 'our' the 'Group' or the 'company')

 

Autofocus Update

 

Further to our last update in our Interim Management Statement on 30 April 2012, we are pleased to announce that the company was able to agree the form of a Court Order with RBSI, RSA (who joined the order) and the Liquidator of Autofocus allowing access to the information held by the Liquidator. The order was granted following a brief hearing at the High Court yesterday. This will enable the Group to determine what damages were suffered as a result of the unreliable evidence offered by Autofocus and to seek recovery of those losses from defendant insurers. Where possible, it is our intention to make good our losses through negotiated settlements.

 

For further information, contact:

Helphire Group plc 01225 324501

Avril Palmer-Baunack, Chairman

Martin Ward, Chief Executive Officer

Stephen Oakley, Chief Financial Officer

 

Square1 Consulting 020 7929 5599

David Bick

Mark Longson

 

Notes to Editors

 

About Helphire Group plc

Helphire Group plc is a market leader in the provision of accident management assistance to drivers involved in road accidents that were not their fault. Working with the UK's top insurance companies, its services include provision of like for like replacement vehicles, financing of vehicle repairs, legal expenses and the management of personal accident claims.

 

 

 

 

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