Rathbone Brothers PLC Response to Press Reports (4730O)
August 21 2017 - 2:00AM
UK Regulatory
TIDMRAT
RNS Number : 4730O
Rathbone Brothers PLC
21 August 2017
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS
RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE
UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC
OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE,
PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.
For immediate release
21 August 2017
Rathbone Brothers Plc ("Rathbones", the "Company", or the
"Group")
Response to press speculation regarding potential corporate
transaction
Further to recent press speculation, Rathbones confirms that it
is currently in exclusive discussions with the Smith &
Williamson group of companies regarding a possible all share merger
of the two groups.
Whilst these discussions have been underway for some time and
the boards of both Rathbones and Smith & Williamson are
confident that the combination would bring meaningful benefits for
the stakeholders of both businesses, discussions are ongoing and
there can be no certainty any transaction will be agreed. However,
if agreed, any such transaction will be subject to the approval of
shareholders.
A further announcement will be made as and when appropriate.
The person responsible for arranging this announcement on behalf
of Rathbones is Ali Johnson, Company Secretary.
For further information contact:
Rathbone Brothers Plc
Philip Howell, Chief Executive
Paul Stockton, Finance Director
Shelly Patel, Investor Relations +44 (0) 20
Manager 7399 0000
J.P. Morgan Cazenove (Joint Financial
Adviser to Rathbones)
Conor Hillery
Alexander Watkins +44 (0) 20
Edward Squire 7742 4000
RBC Capital Markets (Joint Financial
Adviser, Sole Sponsor and Joint
Corporate Broker to Rathbones)
Oliver Asplin Hearsey
Kevin Smith
Daniel Werchola +44 (0) 20
Marcus Jackson 7653 4000
Peel Hunt (Joint Corporate Broker
to Rathbones)
Adrian Haxby
Roger Lambert +44 (0) 20
Guy Wiehahn 7418 8900
Camarco (Communications Adviser
to Rathbones) +44(0) 20 3757
Ed Gascoigne-Pees 4984
The release, publication or distribution of this announcement in
jurisdictions outside the United Kingdom may be restricted by law
and therefore persons into whose possession this announcement comes
should inform themselves about, and observe such restrictions. Any
failure to comply with such restrictions may constitute a violation
of the securities law of any such jurisdiction.
This announcement is not intended to, and does not, constitute,
represent or form part of any offer, invitation or solicitation of
an offer to purchase, otherwise acquire, subscribe for, sell or
otherwise dispose of, any securities whether pursuant to this
announcement or otherwise.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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