Brooks Macdonald Group PLC - London-based investment management services provider - Chair Alan Carruthers resigns from board with immediate effect following a series of ‘unfortunate health issues’, in order to recuperate fully. Senior Independent Director Richard Price takes over as acting chair.

‘We are all deeply sorry that Alan is leaving Brooks Macdonald in these circumstances and we wish him a full and speedy recovery. Under Alan’s chairmanship the group has built real momentum towards our ambitious growth plans, and I am confident those plans will continue to be executed successfully by [Chief Executive Officer] Andrew Shepherd and his management team.’

Current stock price: 2,130.00 pence, down 0.9% in London

12 month change: down 12%

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