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: 0207 071 4300
Alex Snow, CEO, The Evolution Group PLC
Philip Howell, CEO, Williams De Broë Limited
Pelham Bell Pottinger Tel: 0207 861 3925
Victoria Geoghegan Mob: 07917 551155
This information is provided by RNS