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RNS Number : 6600L Tavistock Investments PLC 16 December 2025
Prior to publication, the information contained within this announcement was
deemed by the Company to constitute inside information for the purposes of
Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310.
With the publication of this announcement, this information is now considered
to be in the public domain.
Tavistock Investments Plc
("Tavistock" or the "Company")
16 December 2025
UPDATE RE ONGOING LITIGATION WITH TITAN
Outcome of Court Hearing
Further to the disclosures made in the Company's financial statements for the
year ended 31 March 2025 and the announcement released by the Company on 2
October 2025, Tavistock today provides an update on the ongoing litigation
with Titan Wealth Services Limited and Titan Asset Management Limited
("Titan").
Background
In June 2025, Tavistock made an application to expand the scope of its
counterclaims against Titan to include, inter alia, new causes of action in
respect of Titan's Model Portfolio Service (MPS) for breach of confidence,
alleged misuse of trade secrets and copyright infringement, and to add Titan
Wealth Holdings Limited as an additional party.
Titan opposed the application and itself applied to strike out and/or for
summary judgment in relation to parts of Tavistock's counterclaims.
Court Hearing
At a hearing held on 11 December 2025, the Court considered the applications
and ruled in favour of Tavistock on all matters. Tavistock has also been
awarded its costs of the applications with Titan being ordered to pay to
Tavistock an interim amount on account of costs of £250,000 within 28 days of
the hearing.
Tavistock will continue to pursue its claims against Titan and to vigorously
defend the claims brought against it.
For further information:
Tavistock Investments Plc Tel: 01753 867000
Oliver Cooke
Brian Raven
Allenby Capital Limited
(Nominated adviser and broker) Tel: 020 3328 5656
Corporate Finance:
Nick Naylor, Nick Athanas
Sales and Corporate Broking:
Tony Quirke
Flagstaff Communications tavistock@flagstaffcomms.com
(Financial Tel: 0207 129 1474
PR/IR)
Tim Thompson
Alison Allfrey
Anna Probert
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