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Rathbones Group PLC — M&A Activity 2018
Apr 9, 2018
4713_rns_2018-04-09_c4021879-46a2-4416-8238-8737eebb0cc2.html
M&A Activity
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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.
Rathbone Brothers Plc
Response to press speculation
The Board of Rathbone Brothers Plc ("Rathbones") notes the recent press speculation regarding Speirs & Jeffrey Limited ("Speirs & Jeffrey"). Rathbones regularly assesses various acquisition opportunities in line with its stated strategy and accordingly confirms that discussions between Rathbones and Speirs & Jeffrey in relation to a possible acquisition of Speirs & Jeffrey by Rathbones are taking place.
No binding offer has been made and there can be no certainty that any binding offer will be made nor that agreement will be reached with the Board and shareholders of Speirs & Jeffrey. A further announcement will be made if and when appropriate.
The person responsible for arranging this announcement on behalf of Rathbones is Ali Johnson, Company Secretary.
9 April 2018
For further information contact:
| Rathbone Brothers Plc Tel: 020 7399 0000 email: [email protected] Philip Howell, Chief Executive Paul Stockton, Finance Director Shelly Patel, Head of Investor Relations |
Camarco Tel: 020 3757 4984 email: [email protected] Ed Gascoigne-Pees Hazel Stevenson |
Rathbone Brothers Plc
Rathbone Brothers Plc ("Rathbones"), through its subsidiaries, is a leading provider of high-quality, personalised investment and wealth management services for private clients, charities and trustees. Our services include discretionary investment management, unit trusts, banking and loan services, financial planning, unitised portfolio services, and UK trust, legal, estate and tax advice.
Rathbones has over 1,100 staff in 15 UK locations and Jersey; its headquarters is 8 Finsbury Circus, London.
*This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Rathbone Brothers Plc via Globenewswire*