YEAR 2020
The Company announces that a letter has been posted to shareholders to notify them that the annual report and accounts for the year ended 31 March 2020 and the notice of its annual general meeting have now been published on the Company’s website at www.www.cityoflondongroup.com. The Annual Report can be viewed here and you can …
The Company is pleased to announce the audited results for the year ended March 31 2020. Michael Goldstein, CEO, commented: “Given the exceptional circumstances facing the world today, I am pleased to be able to report on another year of positive activity in delivering our long-term growth strategy of serving the vital UK SME market by …
The Company is pleased to announce that COLG’s subsidiary, Recognise Financial Services Limited (Recognise), has received its Total Capital Requirement Letter from the Prudential Regulation Authority (PRA), which sets out the PRA’s capital and liquidity requirements for Recognise. This is a major milestone for Recognise in its application for a banking licence. Recognise now hopes …
In the latest Fintech Finance Virtual Arena, host Ali Paterson talks to industry heavyweights Jason Oakley from Recognise and Elliot Limb from Mambu. The question under discussion: why aren’t all clouds created equal? See the video here.
The Company is pleased to announce the appointment of Lorna Brown as a non-executive director, with immediate effect. Ms Brown is also a shareholder representative of DV4 Limited, who own c.47% of the Company’s issued shares. Read the full announcement here.
The Company announces that a circular and notice of general meeting in relation to the buyback and cancellation of deferred shares have been posted to shareholders. The Company currently has deferred shares which were issued in 2017 following a capital reorganisation effected prior to the Company’s acquisition of Milton Homes. The deferred shares are not …
Notice of General Meeting. Buyback and cancellation of deferred shares. Read More »
The Company today announces a business update. The Company has in place measures and infrastructure to allow its staff to work effectively from home over an extended period. Measures have been taken to reflect the reduction in business volumes in certain of the group businesses. COLG’s subsidiary, Recognise, is progressing with its application to the …
Recognise Chairman Phil Jenks talks to Bridging and Commercial about creating better services for SMEs and progress on the bank’s licence application. Read the full article here.
“Rejuvenation of the regions is overdue and innovative banking can help”. Recognise NED Louise McCarthy tells Specialist Banking how the new bank will address the £22bn SME funding gap. Full article here.
The City of London Group is included in finnCap’s ’11 for 20′ investment ideas review, with an estimated potential upside of 114%. Read the report extract here.
