WTG.L

Watchstone Group Plc
Watchstone Group PLC - Further re Claim against PricewaterhouseCoopers
12th May 2023, 09:32
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RNS Number : 2567Z
Watchstone Group PLC
12 May 2023
 

 

Watchstone Group plc

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

Claim against PricewaterhouseCoopers LLP ("PwC")

 

Further to its previous announcements, Watchstone Group plc (LON:WTG) announces that the High Court has dismissed its claim against PwC (claim number: CL-2020-000507) in a judgment handed down this morning.

 

Watchstone is disappointed with the outcome of the case and is currently considering whether to appeal the judgment. The Company's management and legal advisers will consider the judgment and determine the appropriate course of action.

 

Watchstone will make further announcements in due course, as appropriate.

 

The release of this announcement has been authorised by Stefan Borson, Chief Executive Officer and Company Secretary of the Company.

 

For further information:

Watchstone Group plc

investor.relations@watchstonegroup.com

Tel: 03333 448048

WH Ireland Limited, Financial Adviser and Broker

Chris Hardie / James Bavister

 Tel: 020 7220 1666

 

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