REG - Catalyst Media Group - Update regarding SIS litigation

Catalyst MediaAnnouncement

10/07/2019 10:50

RNS Number : 0908F
Catalyst Media Group PLC
10 July 2019
 


10 July 2019
 
Catalyst Media Group Plc
("CMG", "Catalyst" or the "Group")
 
Update regarding SIS litigation
 
The Company provides the following update in respect of Sports Information Services (Holdings) Limited ("SIS") in which CMG has an approximate 20.54% interest.
 
Further to the Company's announcement of 8 May 2019, regarding the judgement in respect of the case brought by The Racing Partnership ("TRP") and others against SIS's subsidiary, Sports Information Services Limited ("SISL"), and others, SISL has informed the Company that following a consequential hearing upon the judgment that SISL and TRP have each been granted permission by the Judge to appeal elements of the judgment. 
 
The Company has also been informed by SISL that the Judge ordered SISL to pay 20% of TRP's costs.
 
CMG will make further announcements in relation to the case as appropriate.
 
Enquiries:
 
Catalyst Media Group Plc
Michael Rosenberg, Non-executive Chairman:    07785 727 595
Melvin Lawson, Non-executive Director:              020 7734 8111
 
Strand Hanson Limited:                                     020 7409 3494
James Harris
Richard Tulloch
 
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.




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