Entries by Watchstone Group

Regulatory Update

Quindell Plc (“Quindell”, the “Company” or the “Group”) announces that this afternoon, the Serious Fraud Office informed the Company that it had opened an investigation

Statement re. temporary suspension and update

On 24 June 2015, Quindell Plc (AIM: QPP.L) announced that it had requested for its shares to be temporarily suspended. The Company announces today that whilst the work in preparing its audited report and accounts for the year ended 31 December 2014 (“Accounts”) is in its final stages, due to the complexity of this process, they will now not be published by 30 June 2015.

Shareholder Circular Correction

On 30 March 2015, the Board of Quindell wrote to Shareholders advising them that the Company had entered into a conditional sale and purchase agreement to dispose of the Professional Services Division (“PSD”) to Slater and Gordon Limited (“SGH”) for an initial cash consideration of £637 million and further contingent cash consideration payable in respect of the future settlement of its clients’ noise induced hearing loss (“NIHL”) cases (“Disposal”). Words and expressions where defined in that Circular shall, unless the context provides otherwise, have the same meaning in this announcement.

Proposed Sale of the Professional Services Division

Quindell plc announces that it has today entered into a conditional sale and purchase agreement to dispose of the Professional Services Division (“PSD”) to Slater and Gordon Limited (“SGH”) for an initial cash consideration of £637 million and further contingent cash consideration payable in respect of the future settlement of its clients’ noise induced hearing loss (“NIHL”) cases (“Disposal”).

Press Speculation

On 2 January 2015, Quindell Plc (AIM: QPP.L) announced it had entered into exclusivity arrangements in respect of the possible disposal of an operating division of the Group. The Company notes the speculation concerning the identity of the third party and can confirm that Slater & Gordon Limited (“S&G”) is the party referred to in previous announcements.