Close Brothers Group plc has announced a pre-stabilization notice regarding the offer of GBP PNC5.5 AT1 securities. UBS AG, along with lead managers BofA Securities and J.P. Morgan, will act as stabilizing managers for the offer. The stabilizing period is expected to start on November 22, 2023, and end no later than December 28, 2023. The maximum size of the over-allotment facility is up to 5% of the aggregate nominal amount of GBP 200,000,000.

During the offer, the stabilizing managers may over-allot the securities or conduct transactions to support the market price of the securities at a higher level. However, there is no guarantee that stabilizing actions will be taken, and if they are initiated, they may be terminated at any time.

This announcement is for informational purposes only and does not constitute an invitation or offer to acquire or dispose of any securities of Close Brothers Group plc. The offer is only addressed to persons outside the United Kingdom and persons in the United Kingdom with professional experience in investment matters or who are high net worth individuals. It should not be relied upon by other persons in the United Kingdom.

If this announcement is communicated in any European Economic Area (EEA) Member State that has implemented the Prospectus Directive, it is only directed at qualified investors within the meaning of the Prospectus Directive or other persons to whom the offer may lawfully be addressed. It should not be acted upon or relied upon by other persons in that Member State.