Trading Statement - update

RNS Number : 1172A

Rathbone Brothers PLC

26 January 2011

 



Rathbone Brothers Plc

Trading Statement - update

Financial Services Compensation Scheme ("FSCS")

Further to the trading statement issued on 6 January 2011, Rathbones has now received invoices for interim levies of £3.2 million from the FSCS, arising from the failure of Keydata Investment Services Limited and other intermediaries. This amount will result in a total FSCS levy charge of £3.6 million for the financial year ending 31 December 2010.

Rathbone Brothers Plc will issue its preliminary statement of annual results for the year ended 31 December 2010 on Thursday 17 February 2011.

ENDS

26 January 2011

For further information contact:

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

Quill PR Tel: [phone] Hugo Mortimer-Harvey

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 over 700 staff in 11 UK locations and Jersey, and has its headquarters in New Bond Street, London.

www.rathbones.com

 

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