REG - Close Bros Grp PLC - Close Brothers completes Winterflood sale to Marex

Close BrothersAnnouncement

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RNS Number : 6384J  Close Brothers Group PLC  01 December 2025

 

 Close Brothers completes sale of Winterflood to Marex
 1 December 2025

Further to the announcement made on 25 July 2025, Close Brothers Group plc
("the group" or "Close Brothers") is pleased to announce that the sale of
Winterflood Securities ("Winterflood") to Marex Group plc ("Marex") completed
today following regulatory approval.

The results of Winterflood up to the date of completion will continue to be
presented as discontinued operations in the group's financial statements.

Enquiries

Sophie Gillingham
Close Brothers Group
plc                              020 3857 6574

Camila
Sugimura                                 Close
Brothers Group plc
020 3857 6577

Sam
Cartwright
H/Advisors
Maitland
07827 254561

 

About Close Brothers

Close Brothers is a UK specialist banking group providing lending and deposit
taking. We employ approximately 3,000 people, principally in the United
Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock
Exchange and is a constituent of the FTSE 250.

Cautionary Statement

Certain statements included or incorporated by reference within this
announcement may constitute "forward-looking statements" in respect of the
group's operations, performance, prospects and/or financial condition. All
statements other than statements of historical fact are, or may be deemed to
be, forward-looking statements. Forward-looking statements are sometimes, but
not always, identified by their use of a date in the future or such words as
"anticipates", "aims", "due", "could", "may", "will", "should", "expects",
"believes", "intends", "plans", "potential", "targets", "goal" or "estimates".
By their nature, forward-looking statements involve a number of risks,
uncertainties and assumptions and actual results or events may differ
materially from those expressed or implied by those statements. There are also
a number of factors that could cause actual future operations, performance,
financial conditions, results or developments to differ materially from the
plans, goals and expectations expressed or implied by these forward-looking
statements and forecasts. These factors include, but are not limited to, those
contained in the group's annual report (available at:
https://www.closebrothers.com/investor-relations
(https://www.closebrothers.com/investor-relations) ). Accordingly, no
assurance can be given that any particular expectation will be met and
reliance should not be placed on any forward-looking statement. Additionally,
forward-looking statements regarding past trends or activities should not be
taken as a representation that such trends or activities will continue in the
future. Except as may be required by law or regulation, no responsibility or
obligation is accepted to update or revise any forward-looking statement
resulting from new information, future events or otherwise. Nothing in this
announcement should be construed as a profit forecast. Past performance cannot
be relied upon as a guide to future performance and persons needing advice
should consult an independent financial adviser. This announcement does not
constitute or form part of any offer or invitation to sell, or any
solicitation of any offer to subscribe for or purchase any shares or other
securities in the company or any of its group members, nor shall it or any
part of it or the fact of its distribution form the basis of, or be relied on
in connection with, any contract or commitment or investment decisions
relating thereto, nor does it constitute a recommendation regarding the shares
or other securities of the company or any of its group members. Statements in
this announcement reflect the knowledge and information available at the time
of its preparation. Liability arising from anything in this announcement shall
be governed by English law. Nothing in this announcement shall exclude any
liability under applicable laws that cannot be excluded in accordance with
such laws.

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