Close Brothers Group PLC

Board/Management Information • Jun 30, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 9403K

Close Brothers Group PLC

30 June 2014

Close Brothers Group plc

Directorate Change

Close Brothers Group plc (the 'Company') announces that Shonaid Jemmett-Page has decided to stand down as a non-executive director of the Company from 1 July 2014 due to the requirements of Capital Requirements Directive IV which come into effect tomorrow, restricting the number of non-executive directorships which may be held by a director of some regulated entities. She was appointed to the board in August 2012 and has served as chairman of the Audit Committee since November 2013.

The board has appointed Geoffrey Howe, who was appointed a non-executive director of the Company in January 2011, to succeed Shonaid Jemmett-Page as chairman of the Audit Committee on an interim basis from 1 July 2014.  Oliver Corbett was appointed a non-executive director of the Company on 3 June 2014 with a view to being appointed Audit Committee chairman. The regulatory approval process for this appointment is in hand.

These notifications are made pursuant to the Company's obligations under Listing Rule 9.6.11 R.

Enquiries

Nicholas Jennings - Company Secretary, Close Brothers                                                                 020 7655 3487

Jon Nash - Investor Relations, Close Brothers                                                                                   020 7655 3844

Peter Ogden - Media Relations, Maitland                                                                                            020 7379 5151

About Close Brothers

Close Brothers is a modern merchant banking group which makes loans, takes deposits, trades securities and provides financial advice and investment management services.  Close Brothers was established in 1878 and today employs 2,700 people, principally in the UK.  Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250.

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOABXGDLSUXBGSG