14th Jun 2017 07:00
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 |
Peel Hunt LLP, Nominated Adviser and broker |
Tel: 020 7418 8900 |
Dan Webster |
Related Shares:
WTG.L