Rathbones Group executives acquire shares under incentive plan

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Rathbones execs share acquisition

Highlights

Rathbones Group CEO Jonathan Sorrell acquired 8 partnership and 8 matching shares at £17.68 each under the company's Inland Revenue Approved Share Incentive Plan on November 4, 2026.
CFO Iain Hooley executed an identical purchase—8 partnership and 8 matching shares at £17.68 per share—on November 4, 2026, outside a trading venue.
These director transactions were initial notifications related to employee incentive arrangements, not open-market trades, as disclosed in compliance with UK regulatory requirements.

Management share purchases disclosed

As reported by London Stock Exchange, Rathbones Group Plc has published a regulatory notification covering transactions by persons discharging managerial responsibilities under Article 19 of the EU Market Abuse Regulation as incorporated into UK law.

Jonathan Sorrell, the group's chief executive officer, acquired 8 partnership shares and 8 matching shares in Rathbones Group at £17.68 per share under the company's Inland Revenue Approved Share Incentive Plan. The filing states that the transaction took place on November 4, 2026, outside a trading venue and was submitted as an initial notification.

Iain Hooley, Rathbones Group's chief financial officer, separately acquired 8 partnership shares and 8 matching shares at the same price of £17.68 per share under the same plan. His transaction was also dated November 4, 2026, conducted outside a trading venue and recorded as an initial notification.

Implications for compliance and investor monitoring

Director dealing disclosures are a routine part of UK listed company compliance and give investors visibility into share transactions involving senior management. In this case, the purchases relate to an employee incentive arrangement rather than open-market trading, and the filing lists each transaction as a single acquisition without aggregated pricing data beyond the stated share price.

Rathbones Group identified the shares as ordinary shares of 5p each with ISIN GB0002148343. The notice also names Ali Johnson, group company secretary, as the contact for enquiries.

Our earlier coverage of executive remuneration trends at South Africa’s JSE Top 200 companies noted that incentive awards for CEOs and CFOs were rising much faster than fixed pay in the latest reporting period. It also highlighted new Companies Act rules requiring greater pay-gap disclosure and introducing binding shareholder votes on remuneration, increasing governance pressure on listed firms.

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