CLIG has announced final results to June 2015. Financial results were largely pre-announced at the trading update in mid-July and so the results serve to confirm FY15. The statement reiterates Barry Olliff’s (CEO) intention to retire in 2020 with a number of points on succession planning including reiteration of the CEO’s plan to sell shares and the appointment of two new directors. We will review our forecasts in light of a decline in FuM since the year end, as shown on the group website, and p ....
14 Sep 2015
Final results, new directors point to positive succession planning
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Final results, new directors point to positive succession planning
City of London Investment Group PLC (CLIG:LON) | 319 -12.8 (-1.2%) | Mkt Cap: 161.7m
- Published:
14 Sep 2015 -
Author:
Andrew Watson -
Pages:
3
CLIG has announced final results to June 2015. Financial results were largely pre-announced at the trading update in mid-July and so the results serve to confirm FY15. The statement reiterates Barry Olliff’s (CEO) intention to retire in 2020 with a number of points on succession planning including reiteration of the CEO’s plan to sell shares and the appointment of two new directors. We will review our forecasts in light of a decline in FuM since the year end, as shown on the group website, and p ....