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Statement re Discussions with Lloyds Banking Group

15th Oct 2009 07:00

RNS Number : 8134A
Rathbone Brothers PLC
15 October 2009
 



Rathbone Brothers Plc ("Rathbones")

Rathbones confirms that it is in discussions with Lloyds Banking Group ("LBG") in relation to the potential acquisition of certain assets relating to non core private client discretionary investment management activities within LBG's Wealth and International Division, principally the Bank of Scotland Portfolio Management Service. Discussions are ongoing but there is no certainty that any transaction will proceed.

A further announcement will be made if appropriate in due course.

For further information contact:

Rathbone Brothers Plc Tel: 020 7399 0000 email: [email protected] Andy Pomfret, Chief Executive Paul Stockton, Finance Director Emily Morris, Marketing Director 

BrunswickTel: 020 7404 5959email: [email protected]  Kate Holgate/Claire Gore 

Rathbone Brothers Plc Rathbone Brothers Plc is a leading independent provider of high-quality, personalised investment and wealth management services for private investors, charities and trustees. This includes discretionary investment management, tax and financial planning, and unit trusts.

Rathbones has nearly 700 staff in 10 UK locations and Jersey, and has its headquarters in New Bond StreetLondon.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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