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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Astaire Grp | LSE:ASTR | London | Ordinary Share | GB0031792194 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.125 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMASTR
RNS Number : 9459V
Astaire Group Plc
10 November 2010
AstAIrE Group PLC
Update re Rowan Dartington
For immediate release
10 November 2010
Further to the strategic update announcement made on 31 August 2010 and the sale
of Astaire Securities announced on 15th October 2010, Astaire Group PLC can
confirm that its negotiations regarding a change in ownership and management
control of Rowan Dartington Limited, its private client wealth management
division and its principal remaining operating asset, are at an advanced stage.
Any such change of control will be subject to shareholder and regulatory
approvals.
The Board of Rowan Dartington welcomes the potential change in
ownership and believes it will enable the company to continue its growth and
transformation.
James Hutson, the current CIO, has taken the decision to leave the company
prior to completion of the transaction. No further changes to the management
team are expected prior to the transaction being completed.
Enquiries:
Astaire Group Plc
Tel: 020 7492 4750
James Noble, Chairman
Maitland
Tel: 020 7379 5151
Neil Bennett
George Hudson
Fairfax I.S. PLC
Nominated Adviser/Broker
Tel: 020 7598 5368
David Floyd
This information is provided by RNS
The company news service from the London Stock Exchange
END
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