Brooks Macdonald Group PLC Completion of the acquisition of Cornelian (4736E)
February 28 2020 - 3:30AM
UK Regulatory
TIDMBRK
RNS Number : 4736E
Brooks Macdonald Group PLC
28 February 2020
28 February 2020
Brooks Macdonald Group plc
Completion of the acquisition of Cornelian
Brooks Macdonald Group plc ("Brooks Macdonald", the "Group" or
the "Company") is pleased to announce that the 453,172 ordinary
shares issued to settle part of the upfront consideration for the
Group's acquisition of Cornelian Asset Managers Group Limited
("Cornelian") have been admitted to trading on AIM. Accordingly the
acquisition of Cornelian has completed.
The number of ordinary shares in the Company in issue and number
of voting rights is 16,125,831. This figure may be used by
shareholders as the denominator for the calculations by which they
will determine whether they are required to notify their interest
in, or a change to their interest in, the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
Enquiries to:
Brooks Macdonald Group plc www.brooksmacdonald.com
Caroline Connellan, CEO 020 7499 6424
Ben Thorpe, Finance Director
Peel Hunt LLP (Nominated Adviser and Broker)
Guy Wiehahn / John Welch 020 7418 8900
MHP Communications
Reg Hoare / Simon Hockridge / Charlie Barker 020 3128 8734
Notes to editors
Brooks Macdonald Group plc, through its various subsidiaries,
provides leading investment management services in the UK and
internationally. The Group, which was founded in 1991 and began
trading on AIM in 2005, had discretionary funds under Management of
GBP13.1 billion as at 31 December 2019.
Brooks Macdonald offers a range of investment management
services to private high net worth individuals, pension funds,
institutions, charities and trusts. The Group also provides
financial planning as well as offshore investment management and
acts as fund manager to a regulated OEIC providing a range of
risk-managed multi-asset funds and a specialised absolute return
fund.
The Group has thirteen offices across the UK and the Channel
Islands including London, East Anglia, Hampshire, Leamington Spa,
Leeds, Manchester, Taunton, Tunbridge Wells, Wales, Scotland,
Jersey, and Guernsey.
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
ACQSEDSAAESSEFE
(END) Dow Jones Newswires
February 28, 2020 03:30 ET (08:30 GMT)
Brooks Macdonald (LSE:BRK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Brooks Macdonald (LSE:BRK)
Historical Stock Chart
From Jul 2023 to Jul 2024