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Business update

25 Apr 2022 07:00

RNS Number : 1301J
City of London Group PLC
25 April 2022
 

25th April 2022

CITY OF LONDON GROUP PLC

 (the "Company" or the "Group")

 

Business update

 

The board is pleased to announce that it has agreed in principle with two of the Company's shareholders, Max Barney and PV27, that they will support a capital raise by the Company. The Company is expecting to raise between £8m and £9m, through the exercise of existing warrants held by the shareholders and a separate subscription.

 

Further details will be announced in due course.

 

ENDS

 

For further information, please contact:

 

Enquiries

 

City of London Group plc

+44 (0)20 3988 6504

David Jenkins (Group Finance Director)

Ben Peters (Head of Investor Relations)

 

Peel Hunt LLP (Nominated Adviser and Broker)

James Britton

Rishi Shah

 

+44 (0)20 7418 8900

 

 

 

For media enquiries, please contact:

Paul Beadle, Head of Communications,

Recognise Bank

+44 (0)7801 105001

Paul.Beadle@recognisebank.co.uk

 

 

 

 

 

 

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
 
 
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Date   Source Headline
16th Oct 20157:00 amRNSCancellation on Main Market and Admission to AIM
21st Sep 201512:11 pmRNSSchedule 1 - City of London Group Plc
18th Sep 201510:42 amRNSResults of General Meeting
18th Sep 201510:39 amRNSResult of AGM
26th Aug 20154:15 pmRNSPosting of Circular and Notice of AGM
29th Jul 20157:00 amRNSAnnual Financial Report
28th Jul 201510:00 amRNSNew Capital Raising Proposals
16th Jul 20152:30 pmRNSProposals for New Capital Raise
16th Jul 20152:30 pmRNSPreliminary Results
30th Apr 20157:00 amRNSCompletion of the sale of Therium
8th Apr 20157:00 amRNSProposed Sale of Therium
18th Feb 20155:48 pmRNSHolding(s) in Company
26th Nov 20147:00 amRNSInterim Results
23rd Sep 201411:01 amRNSResult of AGM
23rd Sep 20147:00 amRNSAGM Statement
19th Aug 20147:26 amRNSInterim Management Statement
28th Jul 20144:52 pmRNSAnnual Financial Report
7th Jul 20143:30 pmRNSDirector/PDMR Shareholding
3rd Jul 20147:00 amRNSPreliminary Results
19th Mar 201411:30 amRNSAgreement reached for growth of TFPL
17th Feb 20147:00 amRNSInterim Management Statement
24th Jan 201411:26 amRNSHolding(s) in Company
24th Dec 20137:00 amRNSBoard changes
17th Dec 20137:00 amRNSUpdate re Fundraising
4th Dec 20137:00 amRNSFundraising and Board changes
29th Nov 201311:01 amRNSHalf Yearly Report
29th Nov 201311:00 amRNSUpdate on talks
15th Nov 20133:26 pmRNSNotice of General Meeting
13th Nov 20133:16 pmRNSHolding(s) in Company
1st Nov 20131:33 pmRNSDirectorate Change
1st Nov 201311:28 amRNSUpdate and Review of Strategic Options
24th Sep 201311:21 amRNSResult of AGM
24th Sep 20139:00 amRNSChairman's Statement to AGM
16th Aug 20134:10 pmRNSNotice of AGM
16th Aug 20137:00 amRNSInterim Management Statement
31st Jul 20139:30 amRNSAnnual Report and Accounts 2013
25th Jul 20133:01 pmRNSDirectorate Change
25th Jun 20137:00 amRNSPreliminary Results
5th Jun 20134:30 pmRNSNotice of Results
2nd May 20137:00 amRNSRe Agreement
8th Apr 201310:06 amRNSHolding(s) in Company
8th Apr 20139:56 amRNSHolding(s) in Company
8th Apr 20137:00 amRNSDisposal
2nd Apr 20137:00 amRNSDirector change
27th Mar 20132:51 pmRNSDirector Dealing
27th Mar 20137:00 amRNSInterim Management Statement
6th Mar 20137:00 amRNSLaunch of new litigation fund
24th Jan 20137:00 amRNSInterim Management Statement
12th Dec 20127:00 amRNSRe Agreement
4th Dec 201211:34 amRNSHolding(s) in Company - Replacement
45678910111213

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