27th Nov 2015 16:21
27 November 2015
Brewin Dolphin Holdings PLC
("Brewin Dolphin" or the "Company")
Update re Sale of Stocktrade
Further to the announcement made on 14 May 2015 regarding the sale of Brewin Dolphin's Stocktrade business to Alliance Trust Savings Limited ("ATS"), the Stocktrade retail client business was successfully transferred during our financial year ended 30 September 2015. Work is ongoing to complete the transfer of the remaining corporate and alliance business to ATS, and this is now expected to take place in 2016, when completion of the sale will also be finalised.
For further information:
Brewin Dolphin Holdings PLC | |
David Nicol, Chief Executive | Tel: +44 (0)20 7428 4400 |
Andrew Westenberger, Finance Director | Tel: +44 (0)20 7428 4400 |
Andrew Monkhouse, Head of Investor Relations | Tel: +44 (0)20 7428 4400 |
FTI Consulting | |
Paul Marriott | Tel: +44 (0)20 3727 1341 |
Edward Berry | Tel: +44 (0)20 3727 1046 |
Notes to Editors:
About Brewin Dolphin
The Group is one of the UK's largest providers of discretionary wealth management and provides investment management and financial planning services to private investors, intermediaries, charities and corporates.
The Group manages £28.3 billion of funds for over 100,000 private clients and of this £24.8 billion is on a discretionary basis. The Group has 27 offices throughout the UK, the Channel Islands and the Republic of Ireland.
Brewin Dolphin Limited is the principal operating company of Brewin Dolphin Holdings PLC. Brewin Dolphin Limited is authorised and regulated by the Financial Conduct Authority. Brewin Dolphin Holdings PLC is a member of the London Stock Exchange.
Please see the Media Centre section on our website: http://www.brewinmedia.co.uk/media-centre.aspx for more details.
Related Shares:
BRW.L