Completion of Disposal of Tavistock Financial

RNS Number : 7304U

Tavistock Investments PLC

26 October 2017

 

Tavistock Investments Plc

("Tavistock" or "Company")

Completion of Disposal of Tavistock Financial Limited

26 October 2017

Further to the Company's announcement of 10 August 2017, Tavistock is pleased to announce that the Financial Conduct Authority has now granted change of control approval in connection with Sanlam UK's acquisition of Tavistock Financial Limited, and accordingly the transaction has now completed.

ENDS

Enquiries:

Tavistock Investments Plc Oliver Cooke Brian Raven	Tel: [phone]
Arden Partners Plc William Vandyk	Tel: [phone]
Allenby Capital Limited Nick Naylor Nick Athanas	Tel: [phone]
Templars Communications Limited Kitty Parry Malika Shermatova	Tel: [phone]

Notes to editors

About Tavistock Investments PLC

Tavistock Investments Plc is an AIM listed investment management business that has successfully established its own distribution through the strategic acquisition of five independent financial advisory businesses. Key group companies are: Tavistock Wealth which manages the Group's Acumen Funds and its Centralised Investment Proposition (CIP), Tavistock Partners which provides compliance, administration and accounting services to Partner Advisers (RIs) and The Tavistock Partnership which provides similar services to Adviser Firms (ARs). Tavistock has over 160 advisers in the Group and in excess of £3 billion in assets under advice.

 

END

 

 

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