Statement regarding report from Viceroy Research

Close Brothers

16/03/2026 17:40

RNS Number : 8498W

Close Brothers Group PLC

16 March 2026

 

Statement regarding report from Viceroy Research

Close Brothers Group plc ("Close Brothers" or the "Company") notes the publication of the research report by Viceroy Research (the "Report") this afternoon.

Close Brothers strongly disagrees with the Report, which relates to the Company's approach to provisioning in respect of motor finance commissions and resulting impact on its capital position. Our provisioning approach in relation to this matter is in accordance with UK-adopted international accounting standards and follows a robust governance process.

Close Brothers will release its half year results to 31 January 2026 on Tuesday, 17 March, alongside a business update. We look forward to updating the market on our financial performance and the business, strategy and market opportunity for our three lending divisions.

Enquiries

Maritz Carvalho
Close Brothers Group plc
020 3857 6063
Sam Cartwright
H/Advisors Maitland
07827 254 561

 

 

 

 

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