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City of London raises further £301,452 to complete equity placing

StockMarketWire.com

Fund manager City of London said it had raised a further £301,452 from its equity placing announced in early October.

Following its announcement on 8 October, the company issued a further 376,815 new shares at a subscription price of 80p per new ordinary share in cash for gross proceeds of £301,452.

Story provided by StockMarketWire.com