Possible Acquisition

RNS Number : 6116K

Evolution Group PLC

19 July 2011

 



The Evolution Group Plc - Possible Acquisition

19 July 2011 (for release at 07.00)

The Evolution Group Plc

The Board of The Evolution Group Plc ("Evolution") (LSE:EVG) announces that its wholly owned private client investment management subsidiary, Williams de Broë Limited, is in advanced discussions with BNP Paribas Wealth Management S.A. regarding the possible acquisition of BNP Paribas Private Investment Management Limited (being the former Fortis Private Investment Management business).

There will be no further comment until an agreement is reached or the discussions are terminated.

ENQUIRIES:

The Evolution Group Plc                                                Tel:   [phone]

Alex Snow, CEO, The Evolution Group PLC

Philip Howell, CEO, Williams De Broë Limited

Pelham Bell Pottinger                                                    Tel:  [phone]

Victoria Geoghegan                                                      Mob: [phone]

 

END

 

 

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