Legal Proceedings and Independent Board Review
Winkworth has agreed a sealed consent order and entered mediation in ongoing High Court proceedings, with the stay of further proceedings extended to 23 November 2026 and the Company's application hearing adjourned (liberty to restore); the undertakings given on 12 August 2026 remain in full force until the dispute is resolved or further court order. An external Independent Board Review's findings, consistent with initial recommendations on Board composition, independence and corporate governance, have been presented and the Board has agreed the recommendations in principle and is progressing implementation. The company states this announcement constitutes inside information under MAR.
Select text to share a quote on X · sign in to keep highlights & notes in your WINK notes
M Winkworth plc (“Winkworth” or the “Company”) provides the following updates.
Legal Proceedings
The Company and Mr Simon Agace have agreed a further consent order in the ongoing High Court proceedings, which has been sealed by the Court.
The parties remain in discussions with a view to reaching a settlement and have agreed to enter into mediation. To facilitate that process, the stay of all further proceedings ordered on 29 September 2026 has been extended up to and including 23 November 2026. The hearing of the Company's application, originally listed for 5 October 2026, remains adjourned with liberty to restore.
The undertakings Mr Simon Agace gave in connection with the consent order dated 12 August 2026 remain in full force and effect until the dispute is resolved, or until further order of the Court.
The Company will provide further updates as appropriate.
Independent Board Review
The full findings of the Independent Board Review undertaken by an established external advisory firm have now been presented to the Board, and are consistent with its initial recommendations regarding Board composition, independence and corporate governance arrangements.
The Board has agreed the recommendations in principle, subject to further discussion of the findings, and is progressing discussions regarding their implementation.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.