Old Mutual Securities Limited
Old Mutual plc announces that it has entered into exclusive negotiations
with Beeson Gregory Group plc to acquire the business of Old Mutual
Securities Limited. These negotiations are still to be finalised and there
can be no assurance that the transaction will proceed.
Old Mutual Securities Limited was formed in 2000 following the merger of
Albert E Sharp Securities and the institutional broking and corporate
finance business of Greig Middleton. The business is now a leading
institutional and corporate broker in the UK middle market, offering a full
range of corporate finance services for companies and broking services for
institutional investors.
A further announcement will be made in due course.
11 March 2002
ENQUIRIES:
Old Mutual plc Tel: + 44 20 7569 0100
James Poole
Director of Investor Relations
Edmond Warner Tel: + 44 20 7002 4600
Chief Executive, Old Mutual Financial Services
College Hill Tel: + 44 20 7457 2020
Tony Friend
Hawkpoint Partners Tel: + 44 20 7665 4500
Charles Williams
Graham Paton
Sponsor
Merrill Lynch
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