Filing of Legal Claim

RNS Number : 7599O

Safestyle UK PLC

21 May 2018

 

21 May 2018

Safestyle UK PLC

("Safestyle" or the "Group")

Filing of Legal Claim

Safestyle UK PLC today issued a claim seeking injunctive relief and damages against NIAMAC Developments Ltd (trading as Safeglaze UK) and a number of named individuals. The claim is made in the Business and Property Courts of England & Wales, on the Intellectual Property list.

The claim asks the Court to determine whether Safestyle is entitled to injunctive relief and damages from what the Group considers to be passing off, the misuse of confidential information, unlawful means conspiracy and malicious falsehood. Safestyle is also applying for urgent interim relief, pending the trial of this matter.  

Safestyle, the leading retailer and manufacturer of uPVC replacement windows and doors to the UK homeowner market, has invested heavily in building its leading market position over many years. The Group welcomes healthy competition in the market, but is committed to protecting its brand, its reputation, and its staff.  

A further announcement will be made in due course.

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Enquiries:

Safestyle UK plc Mike Gallacher, Chief Executive Officer Peter Richardson, Non-Executive Chairman	via FTI Consulting
Zeus Capital (Nominated Adviser & Joint Broker) Nick How / Dominic King / Richard Short	Tel: [phone]
Liberum Capital Limited (Joint Broker) Neil Patel / Jamie Richards	Tel: [phone]
FTI Consulting (Financial PR) Alex Beagley / James Styles / Laura Saraby	Tel: [phone]

About Safestyle UK plc

The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market.  For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk.

 

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