Update regarding SIS litigation

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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