Watchstone Group PLC

Net Asset Value • Dec 6, 2023

National Storage Mechanism | Additional information

RNS Number : 8520V

Watchstone Group PLC

06 December 2023

Watchstone Group plc

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

Update

Watchstone expects its cash balance (including term deposits) at 31 December 2023 to be approximately £7m (equating to approximately 15p per share) and awaits the decision of the Upper Tax Tribunal relating to the recovery of historic VAT paid in the Ingenie business. The hearing took place in November 2023.

For further information:

Watchstone Group plc [email protected]	Tel: 03333 448048
WH Ireland Limited, Financial Adviser and Broker Antonio Bossi /James Bavister	Tel: 020 7220 1666

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