Business
Update re ongoing litigation with Titan
Tavistock Investments Plc has received a favourable ruling in its ongoing litigation with Titan Wealth Services Limited and Titan Asset Management Limited. The court ruled in Tavistock's favour on all matters concerning its application to expand counterclaims and add Titan Wealth Holdings Limited as a party, and Titan's application to strike out parts of Tavistock's counterclaims. Tavistock has been awarded its costs for these applications and Titan has been ordered to pay an interim amount of £250,000 on account of costs within 28 days. Tavistock will continue to pursue its claims and defend itself against Titan's claims. Disclaimer*
About this update from Tavistock Investments Plc
[{"type":"text","content":"\n\nPrior 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.\n \nTavistock Investments Plc\n(\"Tavistock\" or the \"Company\")\n \n16 December 2025 \n \nUPDATE RE ONGOING LITIGATION WITH TITAN\n \nOutcome of Court Hearing\n \nFurther 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\").\n \nBackground\n \nIn 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. \n \nTitan opposed the application and itself applied to strike out and/or for summary judgment in relation to parts of Tavistock's counterclaims.\n \nCourt Hearing\n \nAt 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.\n \nTavistock will continue to pursue its claims against Titan and to vigorously defend the claims brought against it.\n \nFor further information:\n \n\n\n\n\nTavistock Investments Plc\nOliver Cooke\nBrian Raven\n \n\n\nTel: 01753 867000\n\n\n\n\nAllenby Capital Limited\n(Nominated adviser and broker)\nCorporate Finance:\nNick Naylor, Nick Athanas\nSales and Corporate Broking:\nTony Quirke\n \n\n\n \nTel: 020 3328 5656\n\n\n\n\nFlagstaff Communications\n(Financial PR/IR) &n...