Charles Stanley Group PLC Holding(s) in Company (2391I)
16 June 2017 - 12:21AM
UK Regulatory
TIDMCAY
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 Canaccord Peel Hunt Redleaf Communications
Stanley Genuity Guy Wiehahn Charlie Geller
Christopher Andrew Buchanan 020 7418 020 7382 4730
Aldous 020 7523 4661 8893 CScapitalmarkets@redleafpr.com
Via Redleaf
Communication
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
END
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