Reduction of capital approved by the Court

5 October 2021

Charles Stanley Group PLC

Reduction of capital approved by the Court

Charles Stanley Group PLC (LSE: CAY) (the "Company") is pleased to announce that the reduction of capital of the Company involving the proposed cancellation of 84,988 ordinary shares of 25 pence each in the Company represented by share warrants to bearer (the "Capital Reduction") has been sanctioned by the High Court of England and Wales (the "Court"). The order of the Court confirming the Capital Reduction and the statement of capital approved by the Court in connection therewith are being sent to the Registrar of Companies today.

Details of the Capital Reduction, which was approved by the Company's shareholders at a general meeting on 16 September 2021, were set out in the scheme circular and notice of general meeting published by the Company on 25 August 2021.

The Capital Reduction will become effective upon the registration of the order of the Court and accompanying statement of capital by the Registrar of Companies. As Companies House are not presently offering a same-day registration service for Court approved reductions due to COVID-19 restrictions, it is expected that the registration will be concluded within approximately 7 working days of receipt of the documents by Companies House (based on the latest indicative timescales made known to the Company for the processing of such filings).

The Company confirms that, following the Capital Reduction, the issued share capital of the Company is 52,050,457 ordinary shares of 25 pence each ("Ordinary Shares"); there are no Ordinary Shares held in treasury. The total number of voting rights in the Company is also 52,050,457.

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Notes to editors:

Charles Stanley Group PLC provides holistic wealth management services to private clients, charities, trusts and institutions. Its origins trace back to 1792 and the Group is one of the oldest firms on the London Stock Exchange. The Group has a national presence, with 26 locations and over 800 professionals. Its wealth management services are provided directly to clients and to intermediaries.