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

Reaction to the launch of Hubio Fleet’s upgraded platform and 3G camera

Returning from 3 days at the CV Show, we were thrilled by everyone’s feedback.
We were delighted to launch our upgraded platform and integrated 3G camera at this year’s Commercial Vehicle Show at the NEC in Birmingham. The show was a great opportunity to show off our latest products. Amongst the hundreds of exhibitors, Hubio Fleet stood front and centre demonstrating the rich new offering to Fleet Managers and Fleet operators over the 3 days.

With a 3G camera now part of the platform, Fleet Managers loved that they can now watch video footage within minutes of a driving incident occurring. This allows immediate claim intervention with first notification of loss (FNOL), helping to minimise claims and protect drivers.

The Hubio Fleet team in attendance was able to demonstrate the platform to a large number of visitors to the stand and we received excellent feedback, reaffirming that the upgraded platform was an ideal solution to businesses from a variety of industries.

Russell Olive, our General Manager says, “We have worked hard to significantly add features that we think will dramatically benefit fleet managers and it was brilliant bringing this to the CV Show.”

Russell and the rest of the Hubio Fleet team were able to demonstrate all the benefits of a 3G camera with integrated tracking to the 20,000 visitors at the show.  The team were also able to exhibit how Fleet Managers can now also fit a CAN Bus Black Box version of Hubio Fleet, providing accurate engine data such as over revving and PTO.
Visitors were excited by how easy it was to use the new mobile app. The app not only allows Fleet Managers to gain an overview of their fleet wherever they are, but the drivers can check their own driver score allowing them to proactively make changes to their driving behaviour.

Russell added, “It was great receiving such positive feedback on everything we brought to the CV Show. We are already looking forward to next year.”

11 May 2017 
Watchstone Group plc
 

Prospective claim by Slater and Gordon
 
Further to its announcement on 30 November 2016, Watchstone Group plc (LON:WTG) has now received further correspondence from a firm of solicitors acting for Slater and Gordon Limited (ASX: SGH) ("SGH") stating that it intends to issue proceedings by the end of this month. Its letter states that SGH intends to make a claim for a total amount of approximately £600m on the basis that but for fraudulent misrepresentation it would not have entered into the transaction at all.
 
A groundless claim for fraudulent misrepresentation was dismissed by the independent barrister in respect of the warranty escrow process relating to the sale of the Professional Services Division in November 2016 ("Opinion"). The Opinion, which was formed on the basis of evidence provided by both SGH and Watchstone, stated that a misrepresentation claim was not a bona fide claim with a better than 50 per cent prospect of success.
 
Watchstone denies any misrepresentation in the strongest terms and remains satisfied that neither the warranty claim nor a misrepresentation claim have merit and will defend such claims robustly if proceedings are brought.
 
Despite multiple requests, SGH has continuously declined to disclose key evidence in its possession which would be relevant to the merits and quantum of its purported claims. Watchstone believes this evidence will be available to it in the event that SGH issues proceedings and it intends to seek disclosure of such information at the earliest possible opportunity.
 
Watchstone will make further announcements in due course, as appropriate.

http://www.moneyam.com/action/news/showArticle?id=5547052

pt Health Launches Online Store
May 2017/in Company News

pt Health, a leader in the delivery of physiotherapy care expands into e-commerce.
pt Health, one of Canada’s largest chains of allied healthcare clinics, known for the delivery of physiotherapy, massage therapy, chiropractic care, acupuncture, and other wellness services, is proud to announce the launch of its online Product Store. pt Health Product Store launched May 1st, 2017, it features health and wellness products to suit every need.

pt Health’s online Product Store offers the same great products as their clinics. While also expanding their product offerings significantly, including a wide selection of seat cushions and backrests, pain management solutions, as well as vitamins and supplements. Peter Ruttan, Vice President of pt Health, underscores the importance of this expansion, saying, “In addition to our 230 corporate and network clinics located across Canada, our patients will now have 24/7 access to the products they need. This is a great opportunity for us to ensure Canadians get both excellent care and the products they need to support their recovery at home.” Heather Shantora, CEO of pt Health, adds, “we are excited to expand our service offering into online shopping. This expansion into a multichannel patient experience really marks a turning point for us.”

The pt Health online Product Store brings the pt Health experience full circle. Patients can find the products they need online to support their recovery, all with the same great care and attention to detail people expect from pt Health.

About pt Health
pt Health is Community Clinic Network with 230 corporate and network clinics located across Canada. pt Health clinics offer physiotherapy, massage therapy, occupational therapy, acupuncture, psychology, hand therapy, and chiropractic among other services in an interdisciplinary setting. Clinics also provide custom bracing and orthotics services, compression stockings, and home rehabilitation products.
To learn more about pt Health, please visit http://www.pthealth.ca/ or https://store.pthealth.ca/

InnoCare Ltd. and League Team Up to Streamline Access to Health Clinics for Canadians
May 2017/in Company News

InnoCare Ltd. announces a new partnership in the extended health benefits industry. Pairing with League Inc., the digital alternative to traditional health insurance, InnoCare will add their Canada-wide network of clinics to League’s comprehensive list of healthcare providers.

Known for their innovative approach to health benefits, League provides a digital platform connecting employers and consumers with health and wellness service providers. Unlike traditional employee health benefits, League unlocks restrictive caps and allows employees to use their allotted spend on the services they need most.

“We are delighted to join such a progressive Canadian company in the provision of wellness solutions. Combining our extensive network of clinics with League’s consumer-first service offering means we can extend our reach and help even more Canadians get the care they need,” states Heather Shantora, CEO of InnoCare.

InnoCare’s extensive Canada-wide network of health clinics offers a variety of paramedical services including physiotherapy, massage therapy, acupuncture, chiropractic care and more, all in an interdisciplinary clinic setting. InnoCare is dedicated to building efficiencies through the use of technology to streamline care and get patients healthy, faster.

Michael Serbinis, Founder and CEO of League, built the platform to help people better prioritize their health. “Employers are seeing the value in providing their employees with improved access to quality healthcare services like InnoCare. The ability to manage the entire process through a seamless, end-to-end digital experience makes it easy.” Through this partnership, both companies hope to continue to push for innovation in the delivery and management of healthcare services in Canada.
 
About League
League Inc. is the new digital alternative to traditional health insurance that connects employers and employees to a comprehensive network of health services and benefits, giving them unparalleled choice, convenience and value. League unlocks employee benefits to give everyone the power to act every day and live longer, healthier, happier lives. League Insurance Agency Inc. is a licensed subsidiary of League Inc.
For additional information about League Inc, visit League.com
 
About InnoCare
InnoCare Ltd. is a Canadian healthcare market leader focused on the development of innovative healthcare technology designed to anticipate and respond to the growing needs of Canadian healthcare professionals and patients. InnoCare provides propriety cloud-based practice management software and back office administrative support services designed specifically for independent clinic owners across Canada. These services include a Canada-wide network of paramedical healthcare clinics, a state of the art call centre, centralized billing, marketing, HR, and payroll services.
For additional information about InnoCare, visit Innocare.ca

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

Société Générale SA (SG SA) have purchased 3,741,715 (8.13%)

http://www.moneyam.com/action/news/showArticle?id=5549067

Link to historic 'Shareholder information'


Before it gets updated....................

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 12 May 2017.

Major shareholder information

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

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Polygon Global Partners LLP---------------------5,408,115----------------------11.75%
Sand Grove Capital Management LLP-----------3,471,638-----------------------7.54%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal------------------------------------------20,551,784----------------------44.64%

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%

Current total shares in issue 46,038,333 as at 12 May 2017 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%).

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

18:00
Watchstone Group PLC (WTG)
Holding(s) in Company

Deutsche Bank AG, London Branch from 3,471,638 to 3,787,781 (8.23%)

http://www.moneyam.com/action/news/showArticle?id=5549465

Link to historic 'Shareholder information'

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 May 2017.

Major shareholder information

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

Beach Point Capital Management LLP-----------6,435,425----------------------13.98%
Polygon Global Partners LLP---------------------5,408,115----------------------11.75%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------20,867,927--------------------45.33%

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%

Current total shares in issue 46,038,333 as at 15 May 2017 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%).

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

BEACH POINT CAPITAL MANAGEMENT LP have added:
From 6,285,977 to 6,446,581 (14.00)

http://www.moneyam.com/action/news/showArticle?id=5549588

Link to historic 'Shareholder information'

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 16 May 2017.

Major shareholder information

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

Beach Point Capital Management LLP-----------6,446,581----------------------14.00%
Polygon Global Partners LLP---------------------5,408,115----------------------11.75%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------20,867,927--------------------45.35%

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%

Current total shares in issue 46,038,333 as at 16 May 2017 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%).

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

Link to historic 'Shareholder information'

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 16 May 2017.

Major shareholder information

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

Beach Point Capital Management LLP-----------6,446,581----------------------14.00%
Polygon Global Partners LLP---------------------5,625,000----------------------12.22%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------21,095,968--------------------45.82%

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%

Current total shares in issue 46,038,333 as at 16 May 2017 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%).

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

I think you deserve a medal banjo .

Yes, I may deserve a medal but I'd rather have a miracle for this one! :-)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

BEACH POINT CAPITAL MANAGEMENT LP bought more:

From 6,799,378 to 6,925,378 (15.04%)

http://www.moneyam.com/action/news/showArticle?id=5552806

Link to historic 'Shareholder information'

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 22 May 2017.


Major shareholder information

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

Beach Point Capital Management LLP-----------6,925,378----------------------15.04%
Polygon Global Partners LLP---------------------5,625,000----------------------12.22%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------21,574,765--------------------46.86%

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%

Current total shares in issue 46,038,333 as at 22 May 2017 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%).
http://www.watchstonegroup.com/investors/shareholder-information/

BEACH POINT CAPITAL MANAGEMENT LP increased from:

7,247,569 to 7,412,190 (16.10)

http://www.moneyam.com/action/news/showArticle?id=5556378

Link to historic 'Shareholder information'

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 26 May 2017.


Major shareholder information

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

Beach Point Capital Management LLP-----------7,412,190----------------------16.10%
Polygon Global Partners LLP---------------------5,625,000----------------------12.22%
Sand Grove Capital Management LLP-----------3,787,781-----------------------8.23%
M&G Investments (Prudential)-------------------2,916,666-----------------------6.34%
BlueMountain Capital Management, LLC---------2,319,940----------------------5.04%

Subtotal-------------------------------------------22,061,577--------------------47.92%

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%

Current total shares in issue 46,038,333 as at 26 May 2017 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%).
http://www.watchstonegroup.com/investors/shareholder-information/

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

BEACH POINT CAPITAL MANAGEMENT LP now gone over 17%

From 7,804,152 to 7,888,718 (17.14%)

http://www.moneyam.com/action/news/showArticle?id=5563813

Hubio Fleet becomes Van Excellence partner
08/06/2017

Hubio Fleet has become a bronze partner in the Freight Transport Association’s Van Excellence scheme.

Van Excellence outlines 'what good looks like' in van operations and cameras/telematics are listed as beneficial for any operator of vans and fleets, which is why Hubio Fleet has become a partner.


Hubio Fleet’s general manager, Russell Olive, said: “The majority of our customers operate vans and we trust that this partnership will reassure all of our current and future customers that Hubio Fleet shares the same values and operating methods that the FTA recommends and they comply with.”

Barrie Wilson, FTA’s regional manager for vans, said: “We are delighted to welcome Hubio Fleet as a Van Excellence Bronze Partner and look forward to working together to promote best practice and raise compliance levels within the van industry.”

Hubio will chair the Next Generation Claims Workshop at the TINtech Conference

At Hubio, we work with our customers to deliver innovative, technological solutions to the insurance industry.

As digital technologies continue to pervade and underpin every aspect of insurance, it’s never been a more critical time to devise and implement an effective technology strategy – the key challenge is bringing IT and the business together to deliver successful change.

Neil Thomson, Strategic Sales Director at Hubio, will be chairing the Next Generation Claims Technology Workshop which will discuss how to successfully transform claims to meet digital customer expectations, improve efficiencies and drive up retention. The Workshop will examine claims processes, change management and leveraging new technologies.

The conference takes place on Thursday 15th June at the Grand Connaught Rooms, London.

For more information on the programme and scope of the event visit the TINtech website