Retirement of Non-executive Chairman

RNS Number : 3229R

Rathbone Brothers PLC

05 March 2021

 

Rathbone Brothers Plc

("Rathbones" or the "Company")

Retirement of Non-executive Chairman

The Company announces, as a result of unforeseen personal circumstances, that Mark Nicholls has decided to retire from the Board with immediate effect. Jim Pettigrew, Senior Independent Director, will assume the role of interim Chair of the Company until the 2021 AGM. It is anticipated that following the AGM, Clive Bannister, Chairman Designate, will assume the role of Chair, subject to obtaining regulatory approval by this time.

Paul Stockton, Chief Executive, commented "On behalf of the Board and all at Rathbones, I would like to thank Mark for his long and distinguished service to the firm and extend to him our appreciation for his dedicated and invaluable contribution to the board and firm over the last 11 years ".

This disclosure is made pursuant to paragraph 9.6.13(R) of the Listing Rules.

5 March 2021

For further information contact:

Rathbone Brothers Plc

Ali Johnson, Company Secretary

Tel: [phone]

email: [e-mail]

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.

www.rathbones.com

 

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