Claim by Slater and Gordon (UK) 1 Limited

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

alexnekrassov@newcenturymedia.co.uk

Tel: 020 7930 8033
Peel Hunt LLP, Nominated Adviser and broker

Dan Webster

Tel: 020 7418 8900