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.
COLG is pleased to announce the appointment of Philip Jenks as non-executive chairman to the board of its subsidiary, Recognise Financial Services Limited (“Recognise”). Mr Jenks is currently deputy chairman of Charter Court Financial Services Group and has over 40 years experience in the financial services and mortgage industries. Read the full announcement here.
Following the Company’s announcement on 28 March 2019, COLG announces that it has issued the final 400,000 new Shares of the Capital Raising. The Company has now issued the total 10,520,000 new Shares relating to the Capital Raising. Read the full announcement here.
City of London Group (CIN.L) continues to strengthen the board of Recognise with the appointment of Louise McCarthy as an independent non-executive director (INED). She joins fellow INEDS Richard Gabbertas and Simon Wainwright. Read the full announcement here.
City of London Group and Recognise CTO Monica Velasquez writes in Specialist Banking about the radical approach the challenger bank is taking with its technology platform. “The overall aim is to deliver a private banking experience where the customer has access to the right tools and can communicate directly with their relationship manager via different …
Following the Company’s announcement on 15 March 2019, COLG announces that the Takeover Panel has given a waiver of Rule 9 of the Takeover Code in order to permit the Capital Raising to proceed with the participation of the MBIL Concert Party without a general offer needing to be made by the MBIL concert party …
City of London Group’s Michael Goldstein and Recognise’s Jason Oakley explain the main challenges small and medium-sized enterprise (SMEs) face when trying to access financial services and how Recognise aims to redefine the SME banking experience. See the video here.
COLG is pleased to announce that it has received firm commitments to raise £15.2 million in new funds to support the development of its lending business. Read the full announcement here.
Aim-listed City of London Group (“COLG”) has announced the appointment of a second independent NED to its subsidiary, Recognise Financial Services Ltd, which is applying for a banking licence. Richard Gabbertas recently retired from KPMG which he joined in 1980 and was a partner from 1995. Read the full announcement here.
Recognise Financial Services Deputy CEO Bryce Glover discusses the current market for the challenger bank. In his opinion piece published in Specialist Banking, he explores the current market for launching a new bank through the lens of the City of London Group team that is currently going through that very process. To read Bryce’s article visit Specialist …