For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250627:nRSa7376Oa&default-theme=true
RNS Number : 7376O Majedie Investments PLC 27 June 2025
Update regading Marylebone Partners LLP and Brown Advisory
The Board of Majedie Investments PLC notes that its manager, Marylebone
Partners LLP, is in advanced discussions to join Brown Advisory
(https://www.brownadvisory.com/) , an independent investment management and
strategic advisory firm. Assuming completion, the Board sees that this would
be a positive development for the Company and its shareholders.
Any transaction would be subject to regulatory approval and due diligence,
which is underway. The Marylebone team will transition to Brown Advisory and
will continue to be responsible for the management of the Company's
portfolio.
The Board does not anticipate a material impact on Majedie's NAV arising from
its interest in Marylebone Partners LLP. It will ensure ongoing alignment
between the interests of manager and shareholders.
A further update will be provided in due course.
For further information please contact:
Marylebone Partners LLP +44 (0)7880 528774
William Barlow
J.P. Morgan Cazenove +44 (0)20 7742 4000
William Simmonds
Rupert Budge
Cardew Group +44 (0)20 7930 0777
Tania Wild +44 (0)7425 536903
Luke Bramwell +44 (0)7467 992924
About Majedie Investments (https://www.majedieinvestments.com/) PLC:
Majedie Investments PLC is an investment trust whose objective is to deliver
long-term capital growth whilst preserving shareholders' capital and paying a
regular dividend. The performance target is to achieve net annualised total
returns (in GBP) of at least 4 per cent. above the UK CPI, over rolling
five-year periods.
The Majedie Investments PLC portfolio features a combination of hard-to-access
special investments, allocations to funds managed by boutique third-party
managers, and direct investments in public equities.
LEI: 2138007QEY9DYONC2723
About Marylebone Partners (https://www.marylebonepartners.com/) :
Marylebone Partners LLP ("Marylebone") is an independent investment manager,
owned by its principals. It helps families, charities, endowments, trusts and
private investors to protect and grow their wealth in real terms.
Marylebone's defining characteristic is its ability to access differentiated
fundamental investments, many of which never come onto the radar screen of
other allocators. This capability is the key to delivering superior
performance outcomes over the years ahead.
The partnership was founded in 2013 with the vision of bringing a distinctive
investment approach to clients who sought a relationship based on trust and
transparency. This remains Marylebone's sole purpose today.
Marylebone Partners LLP is authorised and regulated by the Financial Conduct
Authority.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END UPDFIFLDRRIDFIE