Defence to claim by Slater and Gordon (UK) 1 Ltd

Watchstone Group plc

Defence to claim by Slater and Gordon (UK) 1 Limited

Further to its announcement on 14 June 2017, Watchstone Group plc (LON:WTG) (“Watchstone”) has now served and filed its Defence in the High Court proceedings issued by Slater and Gordon (UK) 1 Limited (“SGH”) for breach of warranty and/or fraudulent misrepresentation for a total amount of up to £637m plus interest and damages.

A copy of the Defence, a Summary of which is set out below, can be obtained on written application to the Commercial Court, alternatively online at the HM Courts & Tribunals e-filing Service:  HMCTS e-filing service at https://efile.cefile-app.com/login, subject to the payment of the prescribed fee. The claim number is CL-2017-000348, High Court of Justice, Queens Bench Division, Commercial Court.

As previously detailed, Watchstone is satisfied that SGH’s claims are wholly without merit and the proceedings should never have been issued. Watchstone will defend these proceedings robustly.

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

For further information:

Click here to view the Summary of Defence