29 Nov 2017 10:44
River and Mercantile Group PLC comments on the Financial Conduct Authority Statement of Objections
River and Mercantile Group PLC (the "Group") notes the announcement by the FCA of its first Statement of Objections ("SO"). As stated in the announcement of its preliminary results on 25 September 2017 (RNS Number 6353R), the Group is cooperating fully with the FCA's ongoing investigation in relation to the matter.
The SO is a statement of the FCA's provisional findings only and all parties will now have the opportunity to respond to the statement before the FCA decides if there has been an infringement. The Group will review the SO and respond in due course.
MHP Communications
Tim Rowntree / Andrew Fleming / Giles Robinson +44 (0)20 3128 8100