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Update re ongoing litigation with Titan

16 Dec 2025 07:00

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

Oliver Cooke

Brian Raven

 

Tel: 01753 867000

Allenby Capital Limited

(Nominated adviser and broker)

Corporate Finance:

Nick Naylor, Nick Athanas

Sales and Corporate Broking:

Tony Quirke

 

 

Tel: 020 3328 5656

Flagstaff Communications

(Financial PR/IR)

Tim Thompson

Alison Allfrey

Anna Probert

tavistock@flagstaffcomms.com

Tel: 0207 129 1474

 

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