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Rathbone Brothers PLC (RAT.L)

RAT.L on London Stock Exchange

2,250.00GBp
16 Nov 2018
Change (% chg)

-32.00 (-1.40%)
Prev Close
2,282.00
Open
2,290.00
Day's High
2,310.00
Day's Low
2,240.00
Volume
37,646
Avg. Vol
31,956
52-wk High
2,810.00
52-wk Low
2,208.00

Latest Key Developments (Source: Significant Developments)

Rathbone Brothers Names Jennifer Mathias As Group Finance Director
Thursday, 4 Oct 2018 07:06am EDT 

Oct 4 (Reuters) - Rathbone Brothers PLC ::APPOINTMENT OF GROUP FINANCE DIRECTOR.JENNIFER MATHIAS HAS BEEN APPOINTED GROUP FINANCE DIRECTOR.JENNIFER WILL JOIN CO ON 1 APRIL 2019 AND WILL ALSO BE APPOINTED AS AN EXECUTIVE DIRECTOR TO RATHBONES BOARD.FOLLOWING JENNIFER'S APPOINTMENT, PAUL STOCKTON, CURRENT FINANCE DIRECTOR, WILL RESUME EXECUTIVE DIRECTOR ROLE FULL TIME.  Full Article

Rathbone Brothers H1 pretax up 64.3 pct
Wednesday, 25 Jul 2018 02:05am EDT 

July 25 (Reuters) - Rathbone Brothers PLC ::SAYS UNDERLYING PROFIT BEFORE TAX* INCREASED 11.5% FROM £43.3 MILLION TO £48.3 MILLION IN FIRST SIX MONTHS OF 2018.SAYS UNDERLYING PROFIT MARGIN REMAINED STRONG AT 31.5% COMPARED TO 30.4% IN 2017. UNDERLYING EARNINGS PER SHARE INCREASED 11.3% TO 76.1P (2017: 68.4P)..SAYS PROFIT BEFORE TAX FOR HALF YEAR INCREASED 64.3% FROM £26.6 MILLION TO £43.7 MILLION.SAYS THIS NOT ONLY REFLECTS OUR UNDERLYING PERFORMANCE BUT ALSO A NUMBER OF SIGNIFICANT NON-UNDERLYING ITEMS IN 2017, WHICH HAVE NOT RECURRED IN 2018.SAYS BOARD RECOMMENDS A 24.0P INTERIM DIVIDEND FOR 2018 (2017: 22.0P).SAYS TOTAL FUNDS UNDER MANAGEMENT AT 30 JUNE 2018 WERE £39.9 BILLION, UP 2.0%.SAYS TOTAL NET ORGANIC AND ACQUIRED GROWTH IN FUNDS MANAGED BY INVESTMENT MANAGEMENT WAS £0.5 BILLION IN FIRST SIX MONTHS OF 2018, REPRESENTING A NET ANNUAL GROWTH RATE OF 2.5%.SAYS FUNDS UNDER MANAGEMENT IN UNIT TRUSTS WERE £5.8 BILLION AT 30 JUNE 2018.  Full Article

BRIEF-Rathbone Brothers funds under management rise 14 pct in 2017
Thursday, 11 Jan 2018 02:00am EST 

Repeats to add additional codes:REG-RATHBONE BROTHERS PLC : TRADING STATEMENT.‍TOTAL FUNDS UNDER MANAGEMENT AT 31 DECEMBER 2017 WERE £39.1 BILLION, UP 14.3% FROM £34.2 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET INFLOWS ACROSS GROUP FOR YEAR WERE £2.1 BILLION (2016: £1.7 BILLION)​.‍FUNDS UNDER MANAGEMENT IN INVESTMENT MANAGEMENT WERE £33.8 BILLION AT 31 DECEMBER 2017, UP 11.9% FROM £30.2 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET INFLOWS IN INVESTMENT MANAGEMENT (ORGANIC AND ACQUIRED) FOR Q4 WERE £290 MILLION (Q4 2016: £292 MILLION)​.‍TOTAL INVESTMENT MANAGEMENT INFLOWS FOR YEAR WAS £1.2 BILLION (2016: £1.2 BILLION)​.‍FUNDS MANAGED BY UNIT TRUSTS REACHED A RECORD £5.3 BILLION AT 31 DECEMBER 2017, UP 32.5% FROM £4.0 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET FUND INFLOWS TOTALLED £272 MILLION IN Q4 OF 2017 (Q4 2016: £125 MILLION) AND WERE £883 MILLION FOR FULL YEAR (2016: £554 MILLION)​.‍TOTAL UNIT TRUST NET FUND INFLOWS TOTALLED £272 MILLION IN Q4 OF 2017 (Q4 2016: £125 MILLION) AND WERE £883 MILLION FOR FULL YEAR (2016: £554 MILLION)​.  Full Article

Rathbone Brothers funds under management rise 14 pct in 2017
Thursday, 11 Jan 2018 02:00am EST 

Jan 11 (Reuters) - Rathbone Brothers Plc ::REG-RATHBONE BROTHERS PLC : TRADING STATEMENT.‍TOTAL FUNDS UNDER MANAGEMENT AT 31 DECEMBER 2017 WERE £39.1 BILLION, UP 14.3% FROM £34.2 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET INFLOWS ACROSS GROUP FOR YEAR WERE £2.1 BILLION (2016: £1.7 BILLION)​.‍FUNDS UNDER MANAGEMENT IN INVESTMENT MANAGEMENT WERE £33.8 BILLION AT 31 DECEMBER 2017, UP 11.9% FROM £30.2 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET INFLOWS IN INVESTMENT MANAGEMENT (ORGANIC AND ACQUIRED) FOR Q4 WERE £290 MILLION (Q4 2016: £292 MILLION)​.‍TOTAL INVESTMENT MANAGEMENT INFLOWS FOR YEAR WAS £1.2 BILLION (2016: £1.2 BILLION)​.‍FUNDS MANAGED BY UNIT TRUSTS REACHED A RECORD £5.3 BILLION AT 31 DECEMBER 2017, UP 32.5% FROM £4.0 BILLION AT 31 DECEMBER 2016​.‍TOTAL NET FUND INFLOWS TOTALLED £272 MILLION IN Q4 OF 2017 (Q4 2016: £125 MILLION) AND WERE £883 MILLION FOR FULL YEAR (2016: £554 MILLION)​.‍TOTAL UNIT TRUST NET FUND INFLOWS TOTALLED £272 MILLION IN Q4 OF 2017 (Q4 2016: £125 MILLION) AND WERE £883 MILLION FOR FULL YEAR (2016: £554 MILLION)​.  Full Article

Rathbone brothers funds under management up 2.5 pct in Q3
Wednesday, 18 Oct 2017 02:08am EDT 

LONDON, Oct 18 (Reuters) - Rathbone Brothers Plc :‍‍Rathbone Brothers plc total funds under management were £37.5 billion at 30 September 2017; up 2.5 pct from £36.6 billion at 30 June​.‍Total net growth of funds under management in investment management was £0.3 billion, representing a total net annualised growth rate of 3.5 percent (2016: 5.0 percent)​.‍Net operating income of £62.5 million in investment management for three months ended 30 september 2017 was 5.6 percent higher than £59.2 million for comparable period in 2016​.‍Funds under management in unit trusts at 30 september 2017 were £5.0 billion, up 8.7 percent from £4.6 billion at 30 june 2017.​.‍Net inflows for quarter were a record £342 million compared to £170 million a year ago.​.‍"in a quarter where investment markets remained relatively benign, our total funds under management grew 2.5 percent to £37.5 billion in three months to 30 September 2017," said Philip Howell, Chief Executive of Rathbone Brothers​."‍We are well positioned for future and will continue to pursue growth opportunities both organically and through acquisition, approaching each with discipline," said Howell​.  Full Article

Rathbone Brothers says unaware of reason for share price movement
Friday, 8 Sep 2017 08:13am EDT 

Sept 8 (Reuters) - Rathbone Brothers Plc ::REG-RESPONSE TO SHARE PRICE MOVEMENT.RATHBONE BROTHERS - ‍NOTES SHARE MOVEMENT THIS MORNING WHICH COINCIDES WITH AN ANONYMOUS ALLEGATION MADE IN AN ONLINE DISCUSSION FORUM​.‍ARE NOT AWARE OF ANYTHING THAT WOULD GIVE SUBSTANCE TO THIS ALLEGATION AND ARE TAKING STRONG ACTION​.ARE ALERT TO POSSIBILITY OF MARKET ABUSE.  Full Article

AGF Management says ‍Smith & Williamson is no longer in discussions with Rathbone Brothers
Thursday, 31 Aug 2017 02:44pm EDT 

Aug 31 (Reuters) - Agf Management Ltd :AGF Management Limited confirms changes to Smith & Williamson prospective merger.Says ‍firms were unable to conclude a transaction that is in "best interest" of shareholders​.‍Smith & Williamson is no longer in exclusive discussions with Rathbone Brothers regarding a possible merger of two companies​.  Full Article

Rathbone Brothers says merger discussions with Smith & Williamson terminated
Thursday, 31 Aug 2017 01:26pm EDT 

Aug 31 (Reuters) - RATHBONE BROTHERS PLC :EXCLUSIVE MERGER DISCUSSIONS WITH SMITH & WILLIAMSON HAVE BEEN TERMINATED.RATHBONE BROTHERS PLC SAYS HAS INCURRED A NON-UNDERLYING CHARGE OF APPROXIMATELY £5 MILLION IN 2017 FOR EXPENSES ASSOCIATED WITH PROSPECTIVE TRANSACTION.  Full Article

AGF Management confirms that Smith & Williamson and Rathbone Brothers are in merger talks
Monday, 21 Aug 2017 07:07am EDT 

Aug 21 (Reuters) - AGF Management Ltd ::AGF Management Ltd ‍responds to media reports in U.K. regarding a potential change to its investment in Smith & Williamson​.AGF Management-confirms Smith & Williamson, which co owns 32.3 pct of, in exclusive discussions with rathbone brothers regarding possible merger of 2 cos.  Full Article

Rathbone says Smith & Williamson merger would bring benefits
Monday, 21 Aug 2017 02:02am EDT 

Aug 21 (Reuters) - Rathbone Brothers Plc :Rathbone brothers - response to press reports.Further to recent press speculation, rathbones confirms that it is currently in exclusive discussions with smith & williamson group.Discussions have been underway for some time.Boards of both rathbones and smith & williamson are confident that combination would bring meaningful benefits for stakeholders of both businesses.  Full Article

Deals of the day-Mergers and acquisitions

June 14 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: