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RAT Rathbones Group Plc

1,760.00
0.00 (0.00%)
Last Updated: 12:09:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rathbones Group Plc LSE:RAT London Ordinary Share GB0002148343 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,760.00 1,760.00 1,762.00 1,766.00 1,742.00 1,742.00 32,090 12:09:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 570M 37.5M 0.5912 29.77 1.12B

Rathbone Brothers PLC Completion of acquisition (7670I)

06/04/2020 7:00am

UK Regulatory


Rathbones (LSE:RAT)
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TIDMRAT

RNS Number : 7670I

Rathbone Brothers PLC

06 April 2020

Rathbone Brothers Plc

Completion of the acquisition of the Personal Injury and Court of Protection business of Barclays Wealth

Further to the announcement made on 28 November 2019 Rathbone Brothers Plc ("Rathbones") announces that its wholly-owned subsidiary, Rathbone Investment Management Limited, has completed the acquisition of the Personal Injury and Court of Protection business of Barclays Wealth. Clients representing approximately GBP450m of FUM have successfully transferred to Rathbones.

Paul Stockton, Chief Executive of Rathbone Brothers Plc, commented:

"I am delighted to welcome the clients and employees of Barclays Wealth's Personal Injury and Court of Protection business to Rathbones. This transaction represents another success for Rathbones as we deliver on our growth strategy."

6 April 2020

For further information contact:

Rathbone Brothers Plc

Tel: 020 7399 0000

Email: shelly.patel@rathbones.com

Paul Stockton, Chief Executive

Jennifer Mathias, Group Finance Director

Shelly Patel, Head of Investor Relations

Camarco (Communications adviser to Rathbones)

Tel: 020 3757 4984

Email: ed.gascoigne-pees@camarco.co.uk, julia.tilley@camarco.co.uk

Ed Gascoigne-Pees

Julia Tilley

Rathbone Brothers Plc

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients' wealth. Our tradition of investing and acting responsibly has been with us from the beginning and continues to lead us forward. Our ambition is to be recognised as the UK's most responsible wealth manager.

Rathbones has over 1,500 staff in 15 UK locations and Jersey; its headquarters is 8 Finsbury Circus, London.

rathbones.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

April 06, 2020 02:00 ET (06:00 GMT)

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