WTG.L

Watchstone Group Plc
Watchstone Group PLC - Update
6th December 2023, 07:05
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RNS Number : 8520V
Watchstone Group PLC
06 December 2023
 

 

Watchstone Group plc

("Watchstone" or the "Company" or the "Group")

Update

 

Watchstone expects its cash balance (including term deposits) at 31 December 2023 to be approximately £7m (equating to approximately 15p per share) and awaits the decision of the Upper Tax Tribunal relating to the recovery of historic VAT paid in the Ingenie business. The hearing took place in November 2023.

 

For further information:

Watchstone Group plc

investor.relations@watchstonegroup.com

Tel: 03333 448048

WH Ireland Limited, Financial Adviser and Broker

Antonio Bossi /James Bavister

 Tel: 020 7220 1666

 

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