13 Nov 2015 10:01
CITY OF LONDON GROUP PLC
("COLG" or the "Company")
13 November, 2015
Completion of purchase of preference shares
City of London Group plc announces that as set out in the circular to shareholders dated 26 August 2015 it has now acquired £2,000,000 of 7% preference shares in its subsidiary, Credit Asset Management Limited from Citymain Investments Limited, an associate company of Harvey Bard.
For further information:
City of London Group plc +44 (0)20 7628 5518
John Kent (Chief Executive Officer)
Howard Goodbourn (Chief Financial 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
CIN.L (CIN)