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United States

St. James's Place PLC (SJP.L)

SJP.L on London Stock Exchange

1,120.00GBp
22 Sep 2017
Change (% chg)

-3.00 (-0.27%)
Prev Close
1,123.00
Open
1,120.00
Day's High
1,127.00
Day's Low
1,113.00
Volume
1,104,122
Avg. Vol
1,309,125
52-wk High
1,245.00
52-wk Low
896.00

Latest Key Developments (Source: Significant Developments)

St James's Place CEO says business as usual after Brexit vote
Wednesday, 27 Jul 2016 02:31am EDT 

St. James's Place Plc : Ceo david bellamy says business as usual after brexit vote . Ceo bellamy says brexit vote may give chance to hire more staff if redundancies seen elsewhere, may make firm more attractive to independent financial advisors .Ceo bellamy says thinks fscs levy should be around 10 million stg, expects it to come down.  Full Article

St. James's Place says H1 operating profit at 284 mln stg
Wednesday, 27 Jul 2016 02:12am EDT 

St. James's Place Plc : Says operating profit at £284.0 million (2015: £265.3 million) . Says underlying post tax cash result of £94.4 million (2015: £84.9 million) . Says interim dividend 12.33 pence per share (2015: 10.72 pence per share) . Says consequently, without being complacent about possible consequences of brexit, proven strength in our business model and ongoing momentum gives us confidence in our ability to deliver continued growth in line with our objectives . Says we intend to continue to grow dividend in line with underlying performance of business, as previously stated. . Interim dividend up 15 percent to 12.33 penceper share . Says group funds under management of £65.6 billion (2015: £55.5 billion) . Says partnership numbers at 2,320 up 2.5% since start of year . Says profit before shareholder tax of £60.5 million (2015: £67.0 million) . Says can report that new fund flows since referendum remain in line with those medium term objectives. .Says underlying financial performance once again impacted by heightened levy charged by Financial Services Compensation Scheme of 17 million pounds..  Full Article

UPDATE 1-Worried wealthy drive St. James's Place funds to record high

LONDON, July 27 Demand for advice from wealthy clients worried about low interest rates and pension changes drove the funds managed by Britain's St James's Place to a record high in the first half.