IN BRIEF: Close Bros Chair Mike Biggs to step down after nine years

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Close Brothers Group PLC - London-based merchant bank - Announces that Mike Biggs will step down as chair at the company's annual general meeting in November, after serving in the role for nine years. The company promotes Senior Independent Director Mark Pain to succeed him as chair following the AGM. Pain has served as chair of AXA UK since 2022.

Current stock price: 426.40 pence each, up 1.1% on Friday afternoon in London

12-month change: up 5.7%

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