Helphire Group plc
Issue date: 27 June 2012
Helphire Group plc ('we' 'our' the 'Group' or the 'company')
Further to our last update in our Interim Management Statement on 30 April 2012, we are pleased to announce that the company was able to agree the form of a Court Order with RBSI, RSA (who joined the order) and the Liquidator of Autofocus allowing access to the information held by the Liquidator. The order was granted following a brief hearing at the High Court yesterday. This will enable the Group to determine what damages were suffered as a result of the unreliable evidence offered by Autofocus and to seek recovery of those losses from defendant insurers. Where possible, it is our intention to make good our losses through negotiated settlements.
For further information, contact:
Helphire Group plc 01225 324501
Avril Palmer-Baunack, Chairman
Martin Ward, Chief Executive Officer
Stephen Oakley, Chief Financial Officer
Square1 Consulting 020 7929 5599
Notes to Editors
About Helphire Group plc
Helphire Group plc is a market leader in the provision of accident management assistance to drivers involved in road accidents that were not their fault. Working with the UK's top insurance companies, its services include provision of like for like replacement vehicles, financing of vehicle repairs, legal expenses and the management of personal accident claims.