Rothschilds Continuation FinancePLC Simplification of deposit taking activities (1111V)

TIDM68WN TIDMRCHA

RNS Number : 1111V

Rothschilds Continuation FinancePLC

13 April 2016

Press Release

Paris, 13 April 2016

Simplification of deposit taking activities in the

Rothschild & Co Group

On 3 November 2015, Rothschild & Co announced that its subsidiary, N M Rothschild & Sons Limited ("NMR"), had sold Five Arrows Leasing Group. As a result of this sale NMR no longer requires UK deposit funding and will therefore retire its UK deposit taking licence, subject to regulatory consent. This represents a further simplification of the Group following the reorganisation completed in 2012.

NMR will continue to be FCA regulated in the UK and focus on its core advisory activities. The Rothschild & Co Group will continue to undertake deposit taking activities and hold banking licences in France, Switzerland and Guernsey.

 
 Financial calendar 
                                           Results of the financial 
   *    22 June 2016 after market close     year 2015/2016 
                                           Publication for the first 
   *    9 August 2016 after market close   quarter of FY 2016/2017

About Rothschild & Co

Rothschild & Co operates in the following areas:

-- Global Financial Advisory provides advisory services for mergers and acquisitions, debt financing and restructuring, and equity capital markets;

-- Wealth & Asset Management, and

-- Merchant Banking which comprises third party private equity and private debt business and proprietary investments.

Rothschild & Co is a French partnership limited by shares (société en commandite par actions) with a share capital of EUR142,274,072. Paris trade and companies registry 302 519 228. Registered office: 23 bis avenue de Messine, 75008 Paris, France. Rothschild & Co is listed on Euronext in Paris, Compartment A - ISIN Code: FR0000031684.

Rothschild & Co share is PEA-PME eligible

 
 Investor relations                                     Press and Media 
 
   Marie-Laure Becquart                    Smithfield +44 20 7360 4900 
   marie-laure.becquart@rothschild.com     John Kiely - jkiely@smithfieldgroup.com 
   Tél. : +33 (0)1                    Alex Simmons - asimmons@smithfieldgroup.com 
   53 77 65 10 
   www.rothschildandco.com 
======================================  ==============================================

This information is provided by RNS

The company news service from the London Stock Exchange

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April 13, 2016 12:00 ET (16:00 GMT)

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