City of London Group

YEAR 2020

YEAR 2020

Receipt of Total Capital Requirement Letter

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 …

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Notice of General Meeting. Buyback and cancellation of deferred shares.

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 …

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