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TBC Bank Group PLC

M&A Activity Oct 6, 2020

5225_rns_2020-10-06_53f0c781-30df-4276-a190-b0129a467c0c.html

M&A Activity

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National Storage Mechanism | Additional information

RNS Number : 1618B

Curtis Banks Group PLC

06 October 2020

Curtis Banks Group plc

("Curtis Banks", the "Company" or the "Group")

Completion of acquisition of Talbot and Muir

Curtis Banks, one of the UK's leading SIPP providers, is pleased to announce that the pre-conditions to the acquisition of Talbot and Muir Limited ("Talbot and Muir"), including receipt of approval from the Financial Conduct Authority, have been satisfied. Completion of the acquisition will occur on 30 October 2020.

Will Self, CEO of Curtis Banks, said:

"I am delighted that the acquisition of Talbot and Muir will complete at the end of the month.  Our two businesses are highly compatible in terms of the culture, service offering and distribution routes and this combination reinforces our position as a leading SIPP provider in the UK whilst also being immediately earnings enhancing for the Group as a whole. I very much welcome the Talbot and Muir team into the Curtis Banks Group and I look forward to working with them to drive the future growth of the business."

Contact:

Curtis Banks Group plc www.curtisbanks.co.uk
Will Self - Chief Executive Officer +44 (0) 117 9107910
Dan Cowland - Chief Financial Officer
Peel Hunt LLP (Nominated Adviser & Joint Broker) +44 (0) 20 7418 8900
James Britton
Rishi Shah
Nplus1 Singer Capital Markets Limited (Joint Broker) +44 (0) 20 7496 3000
Mark Taylor
Rachel Hayes
Camarco (Financial PR) +44 (0) 20 3757 4984
Ed Gascoigne-Pees
Georgia Edmonds
Jake Thomas

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RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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