The Board of COLG (AIM:CIN) is pleased to announce that it has agreed terms to sell Acorn to Oaks Financial Services (“A2O”) to Jason Oakley and his wife Claire Oakley (the “Buyers”) for net consideration of £1.15 million (the “Disposal”). Read the full announcement here.
City of London Group plc (AIM: CIN), the parent company of Recognise Bank, is pleased to announce that Philip Jenks, Richard Gabbertas, Louise McCarthy and Moorad Choudhry (the “New Directors”) have been appointed as Independent Non-Executive Directors of the Company with immediate effect. Read the full announcement here.
The Board of COLG (AIM:CIN) is pleased to announce today a business update and a conditional capital raise of up to £30 million to be conducted by way of a subscription and placing of new ordinary shares in the capital of COLG. COLG CEO Michael Goldstein and Recognise CEO Jason Oakley discuss this important step …