City Of London Group PLC Publication of presentation (9552U)

TIDMCIN

RNS Number : 9552U

City Of London Group PLC

18 July 2018

CITY OF LONDON GROUP PLC

("COLG" or the "Company")

18 July 2018

Publication of Corporate Presentation

COLG today announces the publication of its corporate presentation on the Company's website http://www.cityoflondongroup.com, following the recent publication of its preliminary results made on 12 July 2018.

The presentation will provide further information on Recognise, the brand name of Echo Financial Services Limited, which has commenced the process of applying for a UK banking licence. Recognise has been formed to provide financial services to the UK small-medium business market, subject to the successful granting of a banking licence from the regulator, targeting a loan book of GBP1 billion and deposit book of GBP1.2 billion in five years.

Enquiries

 
 City of London Group plc 
  Michael Goldstein             [phone] 
 Peel Hunt LLP (nominated 
  adviser and broker) 
  James Britton, Rishi Shah     [phone] 
                               -------------------- 
 The PR Office (PR adviser) 
  Marc Cohen, Jonny Garfield    [phone] 
                               -------------------- 
 

Notes to Editors

City of London Group is a forward-thinking organisation focused on serving the UK SME market. While grounded with traditional values, through the strength and depth of expertise in its expanding team, it is now primed for future growth through its three-pronged strategy.

The Group's expertise covers equity release, finance for the SME sector, and secured lending. The Group has experience with commercial banking and mortgages, and access to funding arrangements such as commercial, SME, bridging and development finance, home reversion plans, and asset and loan finance.

COLG ensures its services are always delivered with a personal touch, so clients know that they are more than a customer and have a partner that will work with them as they look towards the future.

www.cityoflondongroup.com

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July 18, 2018 02:00 ET (06:00 GMT)