RNS Number : 2391I
Charles Stanley Group PLC
15 June 2017
 

Sale of Shares by Pension Scheme

 

Charles Stanley Group PLC

("the Company")

 

 

Charles Stanley Group PLC ("the Company") announces that on Wednesday 14 June 2017, the Charles Stanley & Co Limited Retirement Benefits Scheme (the "Scheme") sold its entire holding of 275,000 shares in the Company at a price of 360p. The sale was effected by the Scheme Trustees as part of wider de-risking changes to the Scheme's investment portfolio designed to achieve self-sufficiency over the long term and to remove that self-investment.

 

 

 

For further information, please contact:

 

Charles Stanley

Christopher Aldous

Via Redleaf Communication

Canaccord Genuity

Andrew Buchanan

020 7523 4661

Peel Hunt

Guy Wiehahn

020 7418 8893

Redleaf Communications

Charlie Geller

020 7382 4730

CScapitalmarkets@redleafpr.com

 

Notes to editors:

 

Charles Stanley traces its origins back directly to 1792 and is one of the oldest firms on the London Stock Exchange. Charles Stanley today provides holistic wealth management services to private clients, charities and smaller institutions.  These are delivered by over 400 professionals located in 24 offices throughout the UK, both direct to clients and to intermediaries. Our services include investment portfolio management and financial planning, supported by in-house administration to enhance the quality of service provided. In addition, Charles Stanley Direct provides an award winning direct to customer execution-only dealing platform for equities and funds.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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