Company Announcements

20 October 2022

Rathbones Group Plc (the "Company") 

LEI: 213800MBTHM6UE8ZQP29

Additional Listing

Further to the announcements on 23 June 2021 and 21 October 2021 regarding the acquisition of Saunderson House, Rathbones confirms that it has paid the deferred consideration of £14.9m to funds advised by Epiris LLP and the management and employees of Saunderson House. This comprised £10.9m in cash and 211,767 new ordinary shares in Rathbones equating in value to £4.0m at a fixed share price of £19.13 (the average price over the ten-day period prior to 21 June 2021).

Accordingly, applications have been made to the FCA and the London Stock Exchange for 211,767 new ordinary shares (the "Deferred Consideration shares") to be admitted to the premium listing segment of the Official List and to trading on the Main Market (together, Admission"). It is expected that Admission of the Deferred Consideration shares will become effective, and dealings will commence at 8.00 a.m. on 26 October 2022. The 211,767 new ordinary shares will rank pari passu with the existing issued shares of Rathbones.

Following Admission of the Deferred Consideration shares, Rathbones will have 63,366,587 ordinary shares of 5p each in issue. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information please contact:

Ali Johnson

Company Secretary

Telephone: 0207 399 0326