26 Oct 2020 07:00
CITY OF LONDON GROUP PLC
("COLG" or "the Company")
Completion of Capital Raise
Following the Company's announcement on 8 October 2020, COLG announces that it has issued a further 376,815 new ordinary shares at a subscription price of 80 pence per new ordinary share in cash for gross proceeds of £301,452.
Total voting rights
The Company has applied for admission to trading of the new ordinary shares on the AIM Market of the London Stock Exchange ("Admission"). It is anticipated that Admission will occur at 8.00am on 27 October 2020.
Following Admission, the issued share capital of the Company will comprise 80,727,119 ordinary shares carrying one voting right per share. The Company does not hold any shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company will be 80,727,119. The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries
City of London Group plc Michael Goldstein, Chief Executive Officer Ben Peters, Director of Investor Relations
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+44 (0)20 3988 6501 +44 (0)20 3988 6500 |
Peel Hunt LLP (Nominated Adviser and Joint Broker) | +44 (0)20 7418 8900 | |
James Britton, Rishi Shah
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finnCap Ltd (Joint Broker) | Tel. +44 (0)20 7220 0500 | |
Jonny Franklin-Adams / Anthony Adams / Kate Washington (Corporate Finance) | ||
For media enquiries, please contact: David Masters, Lansons; DavidM@lansons.com Sarah Oppler, Lansons; SarahO@lansons.com Or email colg@lansons.com |
+44 (0)7825 427514 +44 (0)7530 627765 | |
LEI: 2138003UW63TMQ5ZFD85