Watchstone Group is a holding company with technology at its core.

Our businesses offer leading technology solutions primarily to the insurance, automotive and healthcare industries.

While we have a diverse portfolio, our operating businesses are unified by a set of shared commercial principles:

■We seek to anticipate change and we have the agility to exploit the dynamism of customer behaviour
■We invest in the people and technologies that will drive innovation and success in our markets
■We promote in-depth sector knowledge and experience as the starting point of value creation, and
■We strive for efficiency across our businesses through the optimal allocation of resources and good governance

                   

NEWS

26th Jan 2018 Pre-close trading update
11th May 2017 Prospective claim by Slater and Gordon
05th May 2017 Report and Accounts for the year ended 31 December 2016
27th Apr 2017 Preliminary results for the year ended 31 December 2016

VIDEO/AUDIO/PRESENTATIONS

May 2017 2016 Annual Report and Accounts
Jun 2016 Presentation-Results for the six months ended 30 June 2016
27th May Watchstone Audio Webcast-Financial Results
27th Jan Watchstone Group Outline Strategy

EVENTS

The 2017 Commercial Vehicle Show (CV Show)25th-27th April -UK (Hubio)
The Strategic Claims conference2nd March-UK (Hubio)
2017 Insurance-Canada.ca Technology Conference28th February-Canada (Hubio)
NRF's Annual Convention & EXPO (Retail's BIG Show)15th-17th January-USA (Tech Mahindra-Bronze sponsors/exhibitor)
2017 Commercial Vehicle Show25th-27th April-UK (Hubio Fleet-exhibitor)

WEBSITES




LINKS TO DEDICATED PAGES

pt Health
ingenie Updated 2nd June
Innocare Updated 2nd June

Updated Timetable of Events

Return of Capital Record Date-----------------------------------------------------------------6:00 p.m. on Thursday 17 December 2015

Registration of Court Order and Effective Date of Return of Capital-------------------------Friday 18 December 2015

Consolidation Record Date---------------------------------------------------------------------6:00 p.m. on Friday 18 December 2015

Suspension ends, Share Consolidation Effective and Consolidated Ordinary
Shares commence trading ex-entitlement to Return of Capital------------------------------8:00 a.m. on Monday 21 December 2015

Dispatch of cheques to Shareholders or Shareholders’ CREST accounts credited
(as appropriate) in respect of Return of Capital entitlements--------------------------------On or around 31 December 2015

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 21 December 2015.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

M&G Investments (Prudential)------------------2,916,666-----------------------6.42%
Beach Point Capital Management LLP-----------2,243,186-----------------------5.04%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.03%

Subtotal------------------------------------------7,465,235 ----------------------16.49%

Current total shares in issue 45,822,708 as at 21 December 2015 with none being held as treasury and 2.15% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

Director information

Name---------------------------------------No. of Shares-------------------% Holding

Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950-------------------less than 0.01%

Subtotal---------------------------------------115,658-------------------less than 0.26%

http://www.watchstonegroup.com/investors/shareholder-information/

Director/PDMR Shareholding

Cheers, didn't see that...........

30 December 2015
Watchstone Group plc


Director/PDMR Shareholding

The Company was notified that Richard Rose (Non-executive Chairman) today acquired 100,000 ordinary shares of 10 pence each ("Ordinary Shares") at an average price of 257.879 pence per Ordinary Share.

http://www.moneyam.com/action/news/showArticle?id=5184362

Decided to plough mine back in......

Dispatch of cheques to Shareholders or Shareholders’ CREST accounts credited
(as appropriate) in respect of Return of Capital entitlements--------------------------------On or around 31 December 2015

For info - My money is now in my account.

I think I should have put my money back in too! For the sake of shareholders I won't buy any more just yet, the sp will tank if I do!

Disposal

Cheers skinny, looks like MAM haven't automated the News for WTG at least on the 'stockwatch' screen!

8 January 2016
Watchstone Group plc
("Watchstone" or the "Company" or the "Group"))

Disposal/Related Party Transaction

Watchstone (LON:WTG) announces that as part of a programme of actions to strategically focus the Group on its key growth areas, it has disposed of the Group's property and maintenance services businesses. The Company's subsidiary Brand Extension (UK) Limited ("BEL") has entered into an agreement to dispose of the entire issued share capital of B.E. Insulated (UK) Limited ("BEI") and Carbon Reduction Company (UK) Limited ("CRC") for a nominal consideration of £1 to The BE Smart Group Limited (a company owned by Ben Williams, a statutory director of BEI and CRC) ("Agreement"). Following the completion of this Agreement, the Group will cease to operate directly in the property and maintenance services sector.

BEI is predominantly a property insulation supply and installation business and CRC is a provider of property maintenance services. Since acquisition, the performance of both BEI and CRC has been below expectations due to recent unforeseeable changes to the market and, as a result, have been loss making. The businesses operate in markets where unexpected changes to government legislation in the funding of green, solar and other initiatives have substantially impacted trading and, in the view of the Board, the likely ongoing performance and prospects of the businesses.

The terms of the Agreement reflect the on-going cash losses and investment requirements of BEI and CRC. In deciding to dispose of these businesses for nominal consideration over closing them, the Directors were mindful, in particular, of BEI and CRC's 62 employees, its creditors and other liabilities.

The Board believes that the disposal will save the Company between £1.5 million to £2.0 million on an annualised basis. For BEI and CRC and their staff, it will allow the businesses to operate under a more appropriate ownership structure.

Taking all these factors into account, the Directors have concluded that the disposal is in the best interests of all stakeholders.

The Agreement is a related party transaction pursuant to the AIM Rules for Companies as Ben Williams is a director of BEI and CRC.

For the period ended 30 September 2014, the profits of BEI and CRC were approximately £1 million. BEL acquired the 50% of the issued share capital it did not own in BEI and the entire issued share capital of CRC from Ben Williams in March 2015.

The Directors consider, having consulted with the Company's nominated adviser, Peel Hunt LLP, that the terms of the Agreement are fair and reasonable insofar as the Company's shareholders are concerned. The Agreement does not impact the historic warranties and indemnities given by Ben Williams in March 2015 in respect of the acquisition of 50% of BEI and the entire share capital of CRC.

The Group is expected to recognise an overall loss on disposal of approximately £4.2 million for the year ended 31 December 2015, some £4.3 million of this will comprise goodwill which has already been impaired in the first half of 2015 with the balance of approximately £0.1 million representing a small net profit on disposal of the remaining net assets disposed of.

Indro Mukerjee, Group Chief Executive Officer, said: "The strong focus on quickly addressing losses is central to our work and we've been making good progress overall. We've acted with integrity and speed to realise significant cost savings, while removing liabilities and enabling us to continue with the further work on the transformation of Watchstone"

http://www.moneyam.com/action/news/showArticle?id=5189308

Shareholder information

The directors have been notified, or are aware of the following interests in the issued share capital of the company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and directors of Watchstone Group plc as at 15 January 2016.

Major shareholder information

Name--------------------------------------------No. of Shares-------------------% Holding

M&G Investments (Prudential)------------------2,916,666-----------------------6.35%
Sand Grove Capital Management LLP-----------2,305,383-----------------------5.02%
Beach Point Capital Management LLP-----------2,243,186-----------------------4.88%

Subtotal------------------------------------------7,465,235 ----------------------16.24%


Current total shares in issue 45,963,333 as at 15 January 2016 with none being held as treasury and 1.97% being held “not in public hands” i.e. held by directors, directors of subsidiaries, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).


Director information

Name---------------------------------------No. of Shares-------------------% Holding

Richard Rose--------------------------------100,000--------------------------0.22%
Indro Mukerjee-------------------------------50,550--------------------------0.11%
Mark Williams---------------------------------50,550--------------------------0.11%
Lord Howard of Lympne----------------------12,608-------------------------0.03%
David Currie-------------------------------------1950--------------------less than 0.01%

Subtotal---------------------------------------215,658-------------------less than 0.47%

http://www.watchstonegroup.com/investors/shareholder-information/

Hubio

Hubio provides integrated solutions to help organizations in the insurance and automotive sectors increase efficiency, reduce claims, build customer engagement and enable usage-based personalization.

Through the innovative use of telematics, UBI, mobile, gamification and enterprise technologies, Hubio is bringing new levels of data-driven insights to the insurance and automotive industries, while challenging and redefining established business models.

Hubio was formed to be a best-in-class solutions provider, bringing together several industry-leading technology and service businesses. As one organization, we are uniquely placed to deliver and support true end-to-end solutions.

Are there any profit projections?

At just over £100m market capital, their cash and near cash is double that!

I bought at 95.5p before Christmas.........After the 90p return my 45p investment is now WOW!

Watchstone Group Outline Strategy (Video)
27th January 2016

THE FUTURE OF AUTO INSURANCE:
DRIVEN BY INSIGHT

http://hubio.com/hub-content/uploads/2016/01/Hubio_Infographic_Insurance_final.pdf

Disposal/Related Party Transaction


Watchstone (LON:WTG) announces that as part of its continuing programme of actions to strategically focus the Group on key growth areas, it has entered into an agreement to dispose of the entire issued share capital of Quintica Holdings Limited ("Quintica"), a reseller and integrator of software to the telecoms industries, to Quintica International Holdings Inc ("QIH") (a company owned by Charles Osburn, a statutory director of Quintica) for approximately £1.35 million (the "Agreement"). In addition, Watchstone will be entitled to additional consideration in the event that Quintica is disposed of (in whole or part) by QIH in the year following completion of the transaction.

For the year ended 31 December 2015, Quintica recorded an unaudited loss before tax of approximately £1.9 million (2014: £2.1 million loss).

Following a review of the business by the Board, it was concluded that Quintica was non core, as it does not fit with the Group's current strategy and focus and due to its historical performance and associated cash funding requirements. Against that backdrop, the Board believes a disposal is in the best interest of the Group.

Under the Agreement, the Group will receive £1 million cash (£500,000 payable immediately and £500,000 due by 1 January 2017), plus the repayment of intra-company debt of US$500,000 (approximately £350,000).

The Agreement is a related party transaction pursuant to the AIM Rules for Companies as Charles Osburn is a director of Quintica.

The Board considers, having consulted with the Company's nominated adviser, Peel Hunt LLP, that the terms of the Agreement are fair and reasonable insofar as the Company's shareholders are concerned.

When Quintica was acquired in September 2012, the consideration was largely satisfied in Ordinary Shares in the Company, giving rise to goodwill of £5.9 million. The Group is expected to recognise an overall loss on the disposal of Quintica of approximately £5.7 million for the year ended 31 December 2015, due to goodwill impairment. This impairment would have been recognised irrespective of the disposal.

Telematics policies grow in popularity by 40%
14th March 2016

The British Insurance Brokers' Association has reported a 40% rise in the number of telematics policies. The news arrives on the same day we hear rumblings about a potential rise in Insurance Premium Tax - yes, the same IPT that was raised by 3.5% back in November 2015.

Thumbs up for the rise of telematics

It's happening. Well - it's actually happened. Telematics is now a mainstream choice for young drivers. With the number of drivers insuring with a black box rising by 40% in the last year overall, older drivers are clearly beginning to realise they can benefit too.

When we were thinking up ingenie, we were faced with quite a few raised eyebrows. Nearly 5 years after launching the brand, I think those have turned into raised glasses. We were right: telematics is the best way to get more affordable insurance. All you have to do is drive properly - so simple.

From the latest figures, ingenie now has around a 10% share of the telematics market, and we've reduced the risk of crashing in our growing community by 40% compared with national average. We're incredibly proud of those numbers.

https://www.ingenie.com/blog/2016/03/telematics-policies-grow-in-popularity-by-40

http://www.autoexpress.co.uk/car-news/consumer-news/94860/uk-sees-40-rise-in-black-box-telematics-car-insurance-policies

http://moneyfacts.co.uk/news/car-insurance/growth-in-telematics-car-insurance-policies/

Pretty sure this never got flagged up on 'Stockwatch' yesterday:

21 March 2016
Watchstone Group plc

Management Incentive and Retention Plan

Watchstone (LON:WTG) announces that it has implemented a new management incentive and retention plan ("Plan"), adopted by the Board on the recommendation of the Company's Remuneration Committee following independent external advice and consultation with major shareholders. Grants under the Plan have been made to a number of key executives none of whom are members of the Company's Remuneration Committee ("Participants"). The Board (excluding any Participants) believes that the Plan is in the best interests of the Company and its shareholders.

Richard Rose, Non-executive Chairman said; "After taking extensive advice and following consultation with shareholders, we have designed an executive incentive plan that is rooted in the creation of value for all shareholders. The Plan recognises the Group's complex history and its diverse nature following the disposal of the Professional Services Division. Against this backdrop, the Board decided to implement a cash-based scheme, focussed on delivering growth in the value of the Company's operating businesses going forward without penalising, or enhancing returns for, management in respect of historic matters. Accordingly, the Board will not grant share options to the Participants."

http://www.moneyam.com/action/news/showArticle?id=5250175

**************************************************

InnoCare Launched as First of Its Kind Technology-Enabled Clinic Management Software Platform and Business Process Services
April 04, 2016 06:00 AM Eastern Daylight Time

HAMILTON, Ontario--(BUSINESS WIRE)--Watchstone Group plc (“Watchstone”) is pleased to announce the launch of InnoCare Ltd. (www.innocare.ca) (“InnoCare”) which is being spun out of Watchstone’s leading Canadian physiotherapy business, pt Healthcare Solutions Corp (“pt Health”).


“We have invested heavily in the development of our clinic management platform and we’ve proven its success in pt Health’s clinics. We can now bring to market the most comprehensive clinic management suite of solutions to the wider healthcare market across Canada and North America.”

InnoCare’s proprietary clinic management software platform and call centre customer service operations combined with its established industry expertise will enable clinic owners to transform patient experience and operate more efficient and productive practices in the growing North American healthcare market.

InnoCare has developed a range of cloud based, software as a service products as well as business process outsourcing modules, which include:

• Advanced online booking and client self-booking options that are proven to drive lead generation and increase client satisfaction;
• Data analytics and intelligent reporting capability to support patient treatment, enhance practice management, and provide objective visibility into business operation;
• Optimized schedule management tools, allowing clinics to more effectively fill excess capacity;
• Call centre operations that increase communication with clients and clinicians by extending personalized customer service hours to 90 hours per week; and
• Billing and payroll services that reduce administrative requirements significantly, creating operational efficiencies and better financial control.

A tailored package of services is available to suit individual clinicians as well as larger practices. These modular products are mobile enabled, fully configurable, and this will enable them to rapidly enhance their clinic operations and scale their practices.

InnoCare’s proven technology already powers 230 clinics across Canada treating 5,000 patients each day and delivering a 96% patient satisfaction score.

InnoCare will now develop customers throughout the healthcare industry (physiotherapists, opticians, doctors and other clinic types) across both Canada and the USA.

"Technology innovation is changing the way healthcare is delivered and how the industry optimizes their operations. Cloud based platforms allow clinics of all types to deliver a more connected, personalized and improved customer experience. Such optimization tools will give partner clinics significant competitive advantage in this evolving marketplace”. says Wayne Ingram, Managing Director, Slalom Consulting Canada, a leading Customer Experience and Technology Consultancy.

Heather Shantora, CEO of InnoCare said: “We have invested heavily in the development of our clinic management platform and we’ve proven its success in pt Health’s clinics. We can now bring to market the most comprehensive clinic management suite of solutions to the wider healthcare market across Canada and North America.”

Indro Mukerjee, Group CEO of Watchstone said: “The launch of InnoCare as a separate company will allow it the freedom to maximize the vast opportunity in the healthcare technology market whilst pt Health continues to do what it does best – serving patients and customers. Under Heather’s leadership, we are building one of the largest physiotherapy businesses in Canada and now make our market leading healthcare technology platform available to the wider market across North America. Our pt Health clinics will continue to deliver front line services to patients and will remain a trusted provider to thousands of consumers each day.”

http://www.businesswire.com/news/financialpost/20160404005365/en/InnoCare-Launched-Kind-Technology-Enabled-Clinic-Management-Software

Statement re Share Price Movement

Watchstone (LON:WTG) notes the recent share price rise and can confirm that the Company has recently received a draft and highly conditional, non-cash proposal from a private company (the "Draft Proposal") for all of the assets (but excluding the actual and contingent liabilities) of the Group. The Board has rejected the Draft Proposal as being unworkeable but the correspondence may or may not lead to a further proposal being made to the Company.

The Company will provide more information as and when appropriate.

There is a new (new to me anyway) section on the WTG homepage 'Latest News & Updates' which was updated 7th April giving details on InnoCare Ltd, Hubio, Business Advisory Service and ingenie:

http://www.watchstonegroup.com/