Watchstone Group PLC

Transaction in Own Shares • Jun 9, 2025

National Storage Mechanism | Additional information

RNS Number : 0600M

Watchstone Group PLC

09 June 2025

Watchstone Group plc

("Watchstone" or the "Company")

SHARE PREMIUM REDUCTION AND RETURN OF CASH

As set out in the AGM notice and circular to shareholders dated 3 June 2025, the Company is proposing to reduce its share premium account by £1.0 million ("Share Premium Reduction") and to make a corresponding return of cash to shareholders ("Return of Cash"). The Share Premium Reduction and Return of Cash are conditional upon, among other things, shareholder approval at the forthcoming Annual General Meeting and confirmation by the Court.

A directions hearing has been scheduled by the Court for 21 July 2025, and the final Court hearing to consider the Share Premium Reduction is scheduled for 5 August 2025.

Subject to shareholder approval at the AGM and subsequent Court confirmation, the Court order will be filed with Companies House and the Share Premium Reduction and Return of Cash will become effective upon such registration. Further announcements will be made confirming the exact timetable in due course.

EXPECTED TIMETABLE (subject to shareholder and Court approval)

Event	Date
Latest time and date for completion of Forms of Proxy	10.00 a.m. on 25 June 2025
Annual General Meeting	10.00 a.m. on 27 June 2025
Directions hearing	21 July 2025
Court Hearing to confirm the Share Premium Reduction	5 August 2025
Record date (if approved)	5 August 2025
Registration of Court Order and Effective Date of Return of Cash	6 August 2025
Dispatch of cheques to Shareholders or Shareholders' CREST accounts credited (as appropriate) in respect of Return of Cash entitlements	On or around 14 August 2025

Notes:

These dates (except those for the completion of Forms of Proxy and of the AGM) are estimates only, being subject to agreement of hearing dates with the Court.  The timetable assumes that the AGM will not be adjourned as a result of there being no quorum, or for any other reason.  If there is an adjournment, all subsequent dates are likely to be later than those shown.  Any changes will be notified to Shareholders by an announcement on the Regulatory News Service.

All times are London time.

For further information:

Watchstone Group plc [email protected]	Tel: 03333 448048
Zeus Capital, Financial Adviser and Broker Antonio Bossi / James Bavister	Tel: 0203 829 5000

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