08 sep 25   majedie invs.plc - update re marylebone partners and brown advisory majedie investments plc | maje | 234 0 0.0% | mkt cap: 124.0m    rns number : 2792y majedie investments plc 08 september 2025   further to the announcement on 27th june, the board of majedie investments plc ('majedie') is pleased that its manager, marylebone partners llp ('marylebone'), has now entered into a formal agreement to become part of brown advisory, subject only to regulatory approval.      upon closing, majedie will receive a cash payment in respect of its 7.5% stake in marylebone, which will not be material to the nav. additionally on closing, as a demonstration of ongoing alignment between the manager and shareholders, fees will be reduced to 0.8% on market capitalisation up to £150m, 0.675% above £150m up to £250m and 0.6% thereafter (currently 0.9%, 0.75% and 0.65% respectively).    there will be no change to the mandate, philosophy, investment approach, or the current team's decision making autonomy over the portfolio.   christopher getley, chair of majedie, commented: 'in addition to the cash payment and fee reduction, the board sees three further benefits from the combination of marylebone and brown advisory. firstly, that access to brown advisory's global research team will deepen the analytical capabilities behind each of majedie's liquid endowment strategies in direct investments, external managers, and special investments. secondly, that collaboration with brown advisory's external manager selection teams in london and the us will broaden the opportunity set and strengthen the team's ability to negotiate preferential terms. thirdly, that brown advisory's institutional scale will reinforce marylebone's ability to support majedie's growth ambitions.'        for further information please contact     majedie investments plc william barlow marylebone partners llp dan higgins   +44 (0)7880 528774   +44(0)20 3468 9910 j.p. morgan cazenove  william simmonds rupert budge   +44 (0)20 7742 4000 cardew group tania wild luke bramwell +44 (0)20 7930 0777 +44 (0)7425 536903 +44 (0)7467 992924       about majedie investments plc: majedie investments plc is an investment trust whose objective is to deliver long-term capital growth whilst preserving shareholders' capital and paying a regular dividend. the performance target is to achieve net annualised total returns (in gbp) of at least 4 per cent. above the uk cpi, over rolling five-year periods.   the majedie investments plc portfolio features a combination of hard-to-access special investments, allocations to funds managed by boutique third-party managers, and direct investments in public equities.   lei: 2138007qey9dyonc2723   about marylebone partners: marylebone partners llp ("marylebone") is an independent investment manager, owned by its principals. it helps families, charities, endowments, trusts and private investors to protect and grow their wealth in real terms.   marylebone's defining characteristic is its ability to access differentiated fundamental investments, many of which never come onto the radar screen of other allocators. this capability is the key to delivering superior performance outcomes over the years ahead.   the partnership was founded in 2013 with the vision of bringing a distinctive investment approach to clients who sought a relationship based on trust and transparency. this remains marylebone's sole purpose today.   marylebone partners llp is authorised and regulated by the financial conduct authority.   about brown advisory brown advisory is an independent investment management and strategic advisory firm committed to providing its clients with a combination of investment performance, strategic advice and the highest level of service. brown advisory has been a private and independent firm since 1998. today, the firm has more than 900 colleagues - each with an equity interest - serving private clients and institutions in around 50 countries from 20 offices globally and is responsible for approximately $172.4 billion in assets for private and institutional clients and charities as of july 2025. the firm's colleague equity ownership, experienced investment professionals and client-first culture help to make a material difference in the lives of its clients.   for more information, please visit: www.brownadvisory.com   this information is provided by rns, the news service of the london stock exchange. rns is approved by the financial conduct authority to act as a primary information provider in the united kingdom. terms and conditions relating to the use and distribution of this information may apply. for further information, please contact rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   mscflfveaiieiie return to news summary

Label: Gesunken