Peel Hunt is acting as NOMAD and joint Corporate Broker to City of London Group PLC (the “Company”) on its proposed capital raise of £11.4m through a share subscription and a raise of up to £6.9m through an open offer of new Ordinary Shares (as part of the Company’s approach to establishing a new SME bank, Recognise Bank Limited, a subsidiary of the Company), as announced on 23rd August, 2021.
