4 Mar 2016 08:50
CITY OF LONDON GROUP PLC
("COLG" or the "Company")
4th March 2016
Resignation of Group Finance Director
City of London Group plc announces that Howard Goodbourn has resigned as Group Finance Director with effect from 18 March 2016 to pursue full time business interests. Howard's role has not been full time since 30 September 2015 and he will not be directly replaced; his duties will be assumed by other COLG staff. The financial management of COLG's two investee businesses, Credit Asset Management Limited and Trade Finance Partners Limited, continues to include their own full time Finance Directors. The Board wishes to thank Howard for his contribution to COLG over the past 4 years.
For further information:
City of London Group plc +44 (0)20 7628 5518
John Kent (Chief Executive Officer)
Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418 8900
James Britton
Guy Wiehahn
Notes to Editors
City of London Group plc is listed on AIM (TIDM: CIN) and is an investment company focused on providing finance to the SME sector, including professional services firms. It does this through investments in companies providing trade finance, lease finance and loan finance.
www.cityoflondongroup.com