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WTG Watchstone Group Plc

3.00
0.00 (0.00%)
06:50:19 - Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Watchstone Group Plc AQSE:WTG Aquis Stock Exchange Ordinary Share GB00BYNBFN51 Ordinary Shares 10p
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.00 2.00 4.00 3.00 3.00 3.00 0.00 06:50:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Watchstone Group PLC Settlement with KPMG LLP (3297G)

14/11/2022 12:36pm

UK Regulatory


Watchstone (AQSE:WTG)
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RNS Number : 3297G

Watchstone Group PLC

14 November 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 ("MAR")

Watchstone Group plc

("Watchstone" or the "Company")

Settlement with KPMG LLP

Further to its announcement on 30 November 2021, Watchstone Group plc (LON:WTG) announces that it has agreed terms for the settlement of its claim against KPMG LLP (Claim number CL-2021-000673) ("KPMG") (the "Settlement").

Under the Settlement, which is made without admission of liability by KPMG, KPMG will pay Watchstone a sum of GBP4.95m in full and final settlement of the claim.

For further information:

 
 Watchstone Group plc                               Tel: 03333 448048 
  investor.relations@watchstonegroup.com 
 WH Ireland Limited, Financial Adviser and Broker       Tel: 020 7220 
  Chris Hardie                                                   1666 
                                                   ------------------ 
 
 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

November 14, 2022 07:36 ET (12:36 GMT)

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