<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
<channel>
<title>Close Brothers Group Plc — News on 6ix</title>
<link>https://6ix.com/company/close-brothers-group-plc</link>
<description>Latest news and press releases for Close Brothers Group Plc on 6ix.</description>
<language>en-us</language>
<lastBuildDate>Wed, 08 Apr 2026 06:00:00 GMT</lastBuildDate>
<generator>6ix RSS</generator>
<atom:link href="https://6ix.com/rss/company/close-brothers-group-plc" rel="self" type="application/rss+xml" />
<image>
<url>https://6ix-events-pro.s3.amazonaws.com/6ixvideo/logos/org-logo6835e10078dffbe2df1263ca.webp</url>
<title>Close Brothers Group Plc</title>
<link>https://6ix.com/company/close-brothers-group-plc</link>
</image>
<item>
<title>Update in relation to motor finance commissions</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/update-in-relation-to-motor-finance-commissions-1</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/update-in-relation-to-motor-finance-commissions-1</guid>
<pubDate>Wed, 08 Apr 2026 06:00:00 GMT</pubDate>
<description>Close Brothers Group plc has reviewed the FCA's Motor Finance Consumer Redress Scheme, estimating a potential provision of approximately £320 million, which is broadly in line with their existing £294 million provision and can be comfortably absorbed by capital resources, reducing the CET 1 capital ratio by about 25 basis points to 14.0%. This estimate is based on approximately 720,000 UK regulated motor finance loans written between April 2007 and November 2024, with an average redress of £500 </description>
</item>
<item>
<title>Statement in relation to motor finance commissions</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/statement-in-relation-to-motor-finance-commissions</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/statement-in-relation-to-motor-finance-commissions</guid>
<pubDate>Mon, 30 Mar 2026 16:08:00 GMT</pubDate>
<description>Close Brothers Group plc is assessing the potential implications of the Financial Conduct Authority's new Motor Finance Consumer Redress Scheme, following its publication. The company stated it will update the market as and when appropriate regarding this development.
Disclaimer*</description>
</item>
<item>
<title>Half-year Report for six months to 31 January 2026</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/half-year-report-for-six-months-to-31-january-2026</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/half-year-report-for-six-months-to-31-january-2026</guid>
<pubDate>Tue, 17 Mar 2026 07:00:00 GMT</pubDate>
<description>Close Brothers Group PLC reported a statutory operating loss before tax of £65.5 million for the six months to 31 January 2026, an improvement from the £102.2 million loss in the prior year, primarily due to an increased provision of £135.0 million for motor finance commissions. Adjusted operating profit decreased by 19% to £65.2 million, reflecting reduced income and a lower loan book of £9.2 billion, down 2%. The group accelerated its cost savings plans, now expecting £25 million of annualised</description>
</item>
<item>
<title>Statement regarding report from Viceroy Research</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/statement-regarding-report-from-viceroy-research</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/statement-regarding-report-from-viceroy-research</guid>
<pubDate>Mon, 16 Mar 2026 17:40:00 GMT</pubDate>
<description>Close Brothers Group plc has issued a statement strongly disagreeing with a research report from Viceroy Research concerning the company's provisioning for motor finance commissions and its capital position. Close Brothers asserts its provisioning approach adheres to UK-adopted international accounting standards and robust governance. The company plans to release its half-year results for the period ending 31 January 2026 on Tuesday, 17 March, which will include a business update and further det</description>
</item>
<item>
<title>Total Voting Rights</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/total-voting-rights-215</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/total-voting-rights-215</guid>
<pubDate>Mon, 02 Mar 2026 17:45:00 GMT</pubDate>
<description>Close Brothers Group plc has announced its total issued listed share capital as of 28 February 2026, which stands at 152,060,290 ordinary shares of 25p each. After accounting for 1,515,610 shares held in treasury, the company has 150,544,680 ordinary shares with voting rights. This figure is important for shareholders to determine their notification obligations regarding major interests in the company under the Disclosure Guidance and Transparency Rules.
Disclaimer*</description>
</item>
<item>
<title>Director/PDMR Shareholding</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/directorpdmr-shareholding-150</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/directorpdmr-shareholding-150</guid>
<pubDate>Mon, 09 Feb 2026 17:45:00 GMT</pubDate>
<description>Close Brothers Group plc announced that several persons discharging managerial responsibilities acquired ordinary shares under the company's Share Incentive Plan on 5 February 2026. Rebekah Etherington, Group Head of Human Resources, acquired 30 shares at 506p, Fiona McCarthy, Group Chief Finance Officer, acquired 30 shares at 506p, Robert Sack, Group Chief Risk Officer, acquired 20 shares at 506p, and Sarah Peazer-Davies, General Counsel and Company Secretary, acquired 29 shares at 506p. These </description>
</item>
<item>
<title>Transaction in Own Shares</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/transaction-in-own-shares-98</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/transaction-in-own-shares-98</guid>
<pubDate>Mon, 09 Feb 2026 17:30:00 GMT</pubDate>
<description>Close Brothers Group plc has transferred 172 ordinary shares from treasury to employee share plans at a price of 243 pence per share. Following this transaction, the company now holds 1,522,855 ordinary shares in treasury, with 150,537,435 ordinary shares remaining in issue, excluding those held in treasury.
Disclaimer*</description>
</item>
<item>
<title>Result of Tender Offer</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/result-of-tender-offer-7</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/result-of-tender-offer-7</guid>
<pubDate>Tue, 03 Feb 2026 09:40:00 GMT</pubDate>
<description>Close Brothers Group plc has announced the results of its cash tender offer for its £200,000,000 2.00 per cent. Subordinated Tier 2 Notes, with £191,380,000 aggregate nominal amount validly tendered for purchase. The company has decided to accept all tendered notes, and settlement is expected on February 4, 2026, leaving £8,620,000 in aggregate nominal amount of the notes outstanding.
Disclaimer*</description>
</item>
<item>
<title>Publication of Admission Particulars</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/publication-of-admission-particulars-1</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/publication-of-admission-particulars-1</guid>
<pubDate>Fri, 30 Jan 2026 15:00:00 GMT</pubDate>
<description>Close Brothers Group plc has published Admission Particulars dated 30 January 2026 concerning the issuance of £250,000,000 of 6.125% Subordinated Tier 2 Notes. This announcement details the terms of the new debt issuance, which is intended for specific jurisdictions and not for distribution within the United States or to U.S. persons.
Disclaimer*</description>
</item>
<item>
<title>Tender Offer</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/tender-offer-3</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/tender-offer-3</guid>
<pubDate>Mon, 26 Jan 2026 09:20:00 GMT</pubDate>
<description>Close Brothers Group plc has launched a cash tender offer for its £200,000,000 2.00 per cent. Subordinated Tier 2 Notes, inviting holders to tender any and all notes for purchase at 99.150 per cent. of their nominal amount. This offer, part of active capital base management and contingent on a new issue of Tier 2 securities, provides liquidity to noteholders and an opportunity to redeploy funding. The offer is subject to a New Issue Condition, with settlement expected on February 4, 2026, and th</description>
</item>
<item>
<title>Holding(s) in Company</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/holdings-in-company-146</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/holdings-in-company-146</guid>
<pubDate>Mon, 15 Dec 2025 16:00:00 GMT</pubDate>
<description>FIL Limited has increased its holding in Close Brothers Group PLC, crossing a notification threshold on December 12, 2025. The company now holds 9.9899% of voting rights attached to shares and an additional 0.0310% through financial instruments, bringing its total to 10.0209%. This represents a significant increase from its previous notification of 5.1150%. The total number of voting rights held by FIL Limited in the issuer is 15083935.
Disclaimer*</description>
</item>
<item>
<title>Close Brothers completes Winterflood sale to Marex</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/close-brothers-completes-winterflood-sale-to-marex</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/close-brothers-completes-winterflood-sale-to-marex</guid>
<pubDate>Mon, 01 Dec 2025 07:00:00 GMT</pubDate>
<description>Close Brothers Group plc has completed the sale of Winterflood Securities to Marex Group plc, following regulatory approval. The results of Winterflood up to the completion date will continue to be reported as discontinued operations within Close Brothers' financial statements. This transaction marks a significant step in the group's strategic repositioning.
Disclaimer*</description>
</item>
<item>
<title>Result of AGM</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/result-of-agm-119</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/result-of-agm-119</guid>
<pubDate>Thu, 20 Nov 2025 14:34:00 GMT</pubDate>
<description>Close Brothers Group plc announced that all resolutions presented at its Annual General Meeting on November 20, 2025, were passed by shareholders. Key resolutions included the approval of the 2025 Annual Report and Accounts with 99.98% of votes in favour, the Directors' Remuneration Report with 99.76% in favour, and the re-election of directors, with most receiving over 92% of votes. The reappointment of PricewaterhouseCoopers LLP as auditor was approved by 99.95% of votes. Resolutions concernin</description>
</item>
<item>
<title>Trading Statement</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/trading-statement-23</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/trading-statement-23</guid>
<pubDate>Thu, 20 Nov 2025 07:00:00 GMT</pubDate>
<description>Close Brothers Group plc reported a solid start to its 2026 financial year, with its loan book decreasing by 1% to £9.4 billion as of October 31, 2025, while maintaining a strong net interest margin of 7.1% year-to-date. The company is progressing with cost reduction initiatives, aiming for £20 million in annualised savings in FY26 and at least £20 million annually for the following two years. A significant development is the increase in provision for motor finance commissions to £300 million, r</description>
</item>
<item>
<title>Notice of AGM</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/notice-of-agm-34</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/notice-of-agm-34</guid>
<pubDate>Fri, 17 Oct 2025 15:42:00 GMT</pubDate>
<description>Close Brothers Group PLC has dispatched the Notice of the 2025 Annual General Meeting (AGM) to shareholders, alongside the Annual Report and Accounts for the year concluding on July 31, 2025. The AGM is scheduled for Thursday, November 20, 2025, at 11:00 am, and will take place at 10 Crown Place, London EC2A 4FT. Shareholders are encouraged to vote on the proposed resolutions by proxy before the deadline. The Notice of AGM is accessible for review via the National Storage Mechanism and on the co</description>
</item>
<item>
<title>Further update in relation to Motor Commissions</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/further-update-in-relation-to-motor-commissions</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/further-update-in-relation-to-motor-commissions</guid>
<pubDate>Tue, 14 Oct 2025 06:00:00 GMT</pubDate>
<description>Close Brothers Group has updated its provision for a potential industry-wide redress scheme related to motor finance commissions, increasing it by approximately £135 million. This adjustment brings the total provision to around £300 million, encompassing both redress and operational costs. The decision follows the FCA's consultation paper, which suggested a higher potential financial impact than previously anticipated. The group's Common Equity Tier 1 (CET1) ratio stood at 13.8% as of July 31, 2</description>
</item>
<item>
<title>Update in relation to Motor Finance Commissions</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/update-in-relation-to-motor-finance-commissions</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/update-in-relation-to-motor-finance-commissions</guid>
<pubDate>Thu, 09 Oct 2025 11:12:00 GMT</pubDate>
<description>Close Brothers Group is assessing the potential impact of the Financial Conduct Authority's proposed redress scheme regarding motor finance commissions. An initial assessment indicates that if implemented in its current form, the scheme is likely to materially increase the group's existing provision of £165 million. As of July 31, 2025, the group's Common Equity Tier 1 ratio was 13.8%, and a pro-forma basis of 14.3%, significantly above the applicable requirement of 9.7%. The sale of Winterflood</description>
</item>
<item>
<title>Annual Financial Report</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/annual-financial-report-38</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/annual-financial-report-38</guid>
<pubDate>Fri, 03 Oct 2025 16:00:00 GMT</pubDate>
<description>Close Brothers Group PLC has released its Annual Report and Accounts 2025, which is available on the company website and has been submitted to the National Storage Mechanism. The Annual Report will be sent to shareholders on October 17, 2025, along with the Notice of Annual General Meeting. The 2025 Annual General Meeting will be held on November 20, 2025, at 11:00 am. Shareholders are encouraged to vote on the resolutions to be proposed at the AGM by proxy in advance of the deadline. This annou</description>
</item>
<item>
<title>Pillar 3 disclosures</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/pillar-3-disclosures</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/pillar-3-disclosures</guid>
<pubDate>Fri, 03 Oct 2025 16:00:00 GMT</pubDate>
<description>Close Brothers Group PLC has released its Pillar 3 disclosures for the year ended July 31, 2025. The document is accessible on the company's website and has been submitted to the National Storage Mechanism for public inspection.
Disclaimer*</description>
</item>
<item>
<title>Final Results</title>
<link>https://6ix.com/company/close-brothers-group-plc/news/final-results-45</link>
<guid isPermaLink="true">https://6ix.com/company/close-brothers-group-plc/news/final-results-45</guid>
<pubDate>Tue, 30 Sep 2025 06:00:00 GMT</pubDate>
<description>Close Brothers Group PLC reported preliminary results for the year ended July 31, 2025, with an adjusted operating profit of £144 million. The company's CET1 capital ratio reached 13.8%, increasing to approximately 14.3% pro-forma after the Winterflood sale. A £165 million provision for motor finance commissions remained unchanged. The company delivered £25 million in annualised cost savings and plans to achieve at least £20 million more annually for the next three years. The group reported a st</description>
</item>
</channel>
</rss>