Rathbone Brothers PLC Completion of acquisition (7670I)
April 06 2020 - 2:00AM
UK Regulatory
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
ACQKKNBDDBKDDQK
(END) Dow Jones Newswires
April 06, 2020 02:00 ET (06:00 GMT)
Rathbones (LSE:RAT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Rathbones (LSE:RAT)
Historical Stock Chart
From Jul 2023 to Jul 2024