Rathbone Brothers PLC : Issue of Equity - Compl...

RATHBONE BROTHERS PLC ("Rathbones" or "the Company")

COMPLETION OF PLACING

Rathbones announces the successful completion of the placing announced earlier today (the "Placing").

2,000,000 new ordinary shares of  5 pence each (the "Placing Shares") have been placed by Canaccord Genuity Limited at a price of 1235p  per Placing Share, raising proceeds of £24.7 million (before expenses). The Placing Shares being issued represent 4.56% of the issued ordinary share capital of the Company prior to the Placing and have been placed at a discount of 2.99% to the close price on 6 November 2012.

Applications have been made for the Placing Shares to be admitted to the premium segment of the Official List of the Financial Services Authority and to trading on the Main Market of the London Stock Exchange (together, "Admission"). It is expected that Admission will take place at 8.00 am on 13 November 2012 at which time dealings in the Placing Shares will commence.

The Placing Shares, when issued, will be fully paid and will rank pari passu in all respects with the existing ordinary shares in the share capital of the Company including the right to receive all dividends and other distributions declared, made or paid after the date of issue of the Placing Shares.

Rathbone Brothers Plc Tel: [phone] email: [e-mail] Mark Nicholls, Chairman Andy Pomfret, Chief Executive Paul Stockton, Finance Director

Quill PR Tel: [phone] Hugo Mortimer-Harvey

Canaccord Genuity Limited Tel: [phone] Martin Green Lucy Tilley

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Source: Rathbone Brothers PLC via Thomson Reuters ONE

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