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City of London Group PLC (CITY.L)

CITY.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

City of London Group says two non-executive directors resign
Wednesday, 17 Aug 2016 02:07am EDT 

City Of London Group Plc :Says Andrew Crossley and Andrew Crowe have resigned as non-executive directors of the company with effect from Aug. 17, 2016..  Full Article

City Of London Group PLC completes sale of Therium
Thursday, 30 Apr 2015 02:01am EDT 

City Of London Group PLC:Says that it has completed the sale of its interests in Therium, its litigation fund management associate.  Full Article

City Of London Group PLC proposes sale of Therium
Wednesday, 8 Apr 2015 02:00am EDT 

City Of London Group PLC:Has reached agreement to sell its interests in Therium, its litigation fund management associate.COLG's interest in Therium comprises ordinary shares, preference shares and loans all of which will be sold for a total consideration of 3.4 mln pounds, of which 1.7 mln pounds is payable in cash on completion with the balance being deferred.The deferred consideration will be repaid two years from completion or earlier from performance fees or incremental management fees and it will be guaranteed by Therium's new partner.The cash proceeds received will be used to repay debt at COLG.  Full Article

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London's mayor appoints former EU commissioner Mandelson to advise on Brexit

LONDON London's mayor Sadiq Khan appointed former EU Trade Commissioner Peter Mandelson to a panel of business and financial leaders advising on Brexit which also includes the City of London's policy chief and the head of the London Stock Exchange.

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