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RNS Number : 7678R Tavistock Investments PLC 05 February 2026
Tavistock Investments Plc
("Tavistock", the "Company" or the "Group")
5th February 2026
FURTHER UPDATE ON LITIGATION WITH TITAN
Further to statements released on 16 and 17 December 2025, Tavistock wishes to
appraise its shareholders and the market further regarding the expanded scope
of its counterclaims against Titan Wealth Services Limited and Titan Asset
Management Limited ("Titan") following the Court's judgement in Tavistock's
favour on 11 December 2025. Despite strong opposition from Titan, the Court
allowed Tavistock to add new causes of action to the existing proceedings in
respect of Titan's Model Portfolio Service (MPS) for breach of confidence,
alleged misuse of trade secrets and copyright infringement.
The following excerpts from the judgement given on 11 December highlight
salient comments from the Judge.
In relation to Tavistock's MPS copying claim the Judge commented: "I have to
say that the opposition to Tavistock's amendments had, and has, all the
hallmarks of an attempt to "snuff-out" a viable claim in circumstances where
the Claimants Titan hold most of the cards, and do not want to put those
cards on the table, as they will be obliged to do upon disclosure. That is not
an approach that the Court should, or does, countenance."
In relation to Tavistock's copyright infringement claim, the Judge further
commented: "[the Court is] satisfied that the copyright infringement claim
stands a real, as opposed to fanciful, prospect of success."
Brian Raven, Tavistock's Chief Executive stated: "When we agreed our contract
with Titan in 2021, it was offered the opportunity to acquire Tavistock's
Model Portfolio Service ("MPS") but declined to do so. It is therefore
particularly disappointing that we have now had to include these new causes of
action in respect of Titan's MPS, the significance of which is perhaps best
demonstrated by the substantial amount that Titan spent in its failed attempt
to prevent these matters coming before the Court."
Tavistock will issue further updates in due course.
For further information:
Tavistock Investments Plc Tel: 01753 867000
Brian Raven
Oliver Cooke
Canaccord Genuity Limited Tel: 020 7523 8318
(Nominated adviser and broker)
Stuart Andrews
Flagstaff
Communications
Tel: 020 7129 1474
(PR/IR)
Tim Thompson
Alison Allfrey
Anna
Probert
tavistock@flagstaffcomms.com
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