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31 Oct 2016 13:00
31 October 2016
River and Mercantile Group PLC
Annual Report
Year ended 30 June 2016
River and Mercantile Group PLC (the Group), the advisory and investment management business today releases its 2016 Annual Report.
The report can be found on the Group's website at http://www.riverandmercantile.com/Asp/uploadedFiles/file/Investor_relations/RandM_Annual_Report_2016.pdf and printed copies will be posted to shareholders on 4 November 2016, along with formal AGM documents relating to the Group's 2016 AGM.
The AGM is due to be held on 9 December 2016 at 9am at Grand Connaught Rooms, 61-65 Great Queen Street, London WC2B 5DA.
As previously announced, the Directors have declared a second interim dividend of 3.4 pence per share, of which 0.1 pence is a special dividend relating to net performance fees. The dividend will be paid on 11 November 2016.
The Directors have proposed a final dividend of 2.5 pence per share, which will be paid to shareholders on the register at the close of business on 25 November 2016. The dividend will be paid on 14 December 2016, subject to shareholder approval at the Group's AGM.
Notes to editors:
River and Mercantile Group PLC (R&M) is an advisory and investment solutions business with a broad range of services, from consulting and advisory, to fully delegated fiduciary management and fund management.
R&M is focussed on creating investment solutions for institutional pension schemes, insurance and financial intermediaries and operates through four divisions: Investment Solutions encompassing both advisory and fiduciary management, Derivative Solutions providing structured equity and LDI, Equity Solutions providing UK and global equity strategies and Multi Asset Solutions, providing dynamic asset allocation and other multi asset based solutions.
The Group has £28bn under management, including £15bn of derivatives.
For further information please contact:
River & Mercantile Group PLC +44 (0)20 3327 5100
Kevin Hayes, Chief Financial Officer
Chris Rutt, Deputy Chief Financial Officer and Investor Relations
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