Press Release 30th October 2014
Personal Group Holdings plc
("Personal Group" or "the Company" or "the Group")
Court Case Judgement
Personal Group Holdings plc (AIM:PGH), a leading provider of employee benefits, employee related insurance products and financial services in the UK, announces that following a High Court hearing that took place in July 2014, a judgement has been handed down unequivocally in favour of two of the subsidiary companies of Personal Group. A summary of the Judge's ruling has been made public with the costs in our favour and damages to be determined.
Mark Scanlon, Chief Executive of Personal Group, commented: "The Group is very pleased with the outcome of this case. Although a long and arduous process, the result is a vindication of the Board's decision that action had to be taken to protect the Group's business and customer base. We felt obliged to take this action and we are happy that justice and common sense have prevailed."
For more information please contact:
Personal Group Holdings Plc | |
Mark Scanlon, Chief Executive | +44 (0)1908 605 000 |
Cenkos Securities Plc | |
Max Hartley (nomad) Russell Kerr (sales) | +44 (0)20 7397 8900 |
Media enquiries:
distributed by |