Business

Change of Adviser

Watches of Switzerland Group PLC has appointed Merrill Lynch International and UBS AG London Branch as Joint Corporate Brokers, effective immediately, to work alongside Barclays Bank PLC. This announcement does not include any financial performance data but signifies a change in the company's brokerage relationships, which could influence investor perception and access to capital markets. Disclaimer*

Watches Of Switzerland Group PlcNovember 25, 20255
Change of Adviser

About this update from Watches Of Switzerland Group Plc

25 November 2025   Watches of Switzerland Group PLC Appointment of Joint Corporate Brokers   Watches of Switzerland Group PLC announces the appointment of Merrill Lynch International ("BofA Securities") and UBS AG London Branch ("UBS") as its Joint Corporate Brokers, to work alongside Barclays Bank PLC ("Barclays"), with immediate effect.   Contacts The Watches of Switzerland Group   Anders Romberg, CFO +44 (0) 207 317 4600 Caroline Browne, Group Finance and Investor Relations Director +44 (0) 116 281 7420 [email protected]       Headland   Lucy Legh / Rob Walker / Scarlett Hateley +44 (0) 203 805 4822 [email protected]     Barclays   Nicola Tennent / Stuart Muress +44 (0) 207 623 2323   BofA Securities   Joe Weaving / Edward Peel +44 (0) 207 628 1000   UBS   Craig Calvert / Christopher Binks +44 (0) 207 567 8000   About the Watches of Switzerland Group The Watches of Switzerland Group is the UK's largest luxury watch retailer, operating in the UK and US comprising seven prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering. Since 8 May 2024, the Group has also owned the exclusive distribution rights for Roberto Coin in the US, Canada, Central America and the Caribbean.   As at 6 November 2025, the Watches of Switzerland Group had 196 showrooms across the UK and US including 84 dedicated mono-brand boutiques in partnership with Rolex, OMEGA, TAG Heuer, Breitling, TUDOR, Longines, Grand Seiko, Roberto Coin, BVLGARI and FOPE and has a leading presence in Heathrow Airport with representation in Terminals 2, 3, 4 and 5 as well as seven retail websites.   The Watches of Switzerland Group is proud to be the UK's largest retailer for Rolex, OMEGA, Cartier, TAG Heuer and Breitling watches.   www.thewosgroupplc.com   Disclaimers Merrill Lynch International, which is authorised by the Prudential Regulation Authority ("PRA") and regulated by the Financial Conduct Authority and the PRA in the United Kingdom, is acting as corporate broker to Watches of Switzerland Group PLC and for no one else in connection with the engagement and will not be responsible to anyone other than Watches of Switzerland Group PLC for providing the protections afforded to its clients or for providing advice in relation to the engagement or any other matters referred to in this announcement.   UBS AG London Branch is authorised and regulated by the Financial Market Supervisory Authority in Switzerland. It is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority in the United Kingdom. UBS AG London Branch is acting as corporate broker to Watches of Switzerland Group PLC and no one else in connection with the contents of this announcement. In connection with such matters, UBS AG London Branch will not regard any other person as its client, nor will it be responsible to any other person for providing the protections afforded to its clients or for providing advice in relation to the contents of this announcement or any other matter referred to herein.  

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