15 Nov 2013 15:26
LSE:CIN
15 November 2013
City of London Group plc ("COLG" or "the Company")
Notice of General Meeting
The Board of City of London Group plc announces that a circular has been posted to shareholders today giving notice of a general meeting of the Company. The meeting is to consider changes to the Company's articles of association and investment policy in relation to its borrowing powers and will be held at 10.00am on Monday 2 December 2013 at Fox Williams LLP, Ten Dominion Street, London, EC2M 2EE.
The circular (incorporating the notice of meeting) will be available on the Company's website at www.cityoflondongroup.com in the investor relations section.
Notes to Editors
City of London Group plc is fully listed on the London Stock Exchange plc (LSE symbol CIN).
COLG is a financial services group focused on providing merchant banking services to finance the
SME and professional services sectors. It does this by financing trade and securing specialist
funding throughout the supply chain to help fuel growth in these sectors, as major national and
foreign banks limit new lending to these borrowers. COLG seeks to identify and exploit product
niches and business models in these sectors where they are supported by strong day to day
management teams, providing initial equity, working capital and seed funding for those teams.
Since 2009, COLG has focused on Specialist Financing and Alternative Fund Management. As part
of its strategy to build a quality Financial Services Group, COLG has developed four specialist
financing funds, pledging significant seed funds to Therium Capital Management Limited, a third
party Litigation Funder, Credit Asset Management Limited and Professions Funding Limited, which
respectively provide asset backed finance to SMEs and working capital loans to professional
practice firms and finally Trade Finance Partners Limited, a trade finance provider to the SME market.