City of London Investment Group (CLIG) Confirmi...

Hardman & Co Research Hardman & Co Research: City of London Investment Group (CLIG) Confirming an excellent first half 23-Feb-2022 / 15:35 GMT/BST Hardman & Co Research: City of London Investment Group (CLIG) Confirming an excellent first half City of London has announced its interim results for 1H'22. Having announced a special dividend of 13.5p in its January trading statement, the main interest was in the details. Breaking down net inflows into gross inflow and outflows showed that 2Q was a distinct improvement over 1Q. City of London believes that, once the pandemic restrictions relax, a return to in-person meetings will improve its ability to market its products. Financially, we note that the cash conversion of profits remains excellent, at 87% of underlying earnings, underpinning its strong dividend- paying capability. Please click on the link below for the full report: https://www.hardmanandco.com/research/corporate-research/confirming-an-excellent-first-half/ If you are interested in meeting the company, you can register your interest by clicking on the above link To contact us: Hardman & Co 1 Frederick's Place London EC2R 8AE www.hardmanandco.com Follow us on Twitter @HardmanandCo Contact: Brian Moretta [phone] [e-mail]   Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement. About Hardman & Co: For the past 25 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge.  Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case. Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Our research is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies.  It is not intended to be made available to unsophisticated retail investors. Anyone who is unsure of their categorisation should consult their professional advisors. This research is neither an offer, nor a solicitation, to buy or sell any security. Please read the note for the full disclaimer. Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

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1286959 23-Feb-2022