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NEWS
EXPLORER
State: 03.04.2025 | 11PM
Tue, 25.02.2025       City of London

LONDON, Feb. 25, 2025 /PRNewswire/ -- City of London (LSE: CLIG) announces that it has today made available on its website, https://www.clig.com/, the Half Year Report and Financial Statements for the six months ended 31st December 2024.

The above document will be uploaded to the National Storage Mechanism, in accordance with UKLR 6.4.1R, and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

HALF YEAR SUMMARY

Funds under Management (FuM) of $9.9 billion at 31st December 2024. This compares with $10.2 billion at the beginning of this financial year on 1st July 2024 and $9.6 billion at 31st December 2023FuM at 31st January 2025 of $10.1 billionNet fee income representing the Group's management fees on FuM was $35.3 million (31st December 2023: $32.2 million)Underlying profit before tax* was $15.2 million (31st December 2023: $13.3 million). Profit before tax was $12.6 million (31st December 2023: $11.1 million)Maintained interim dividend of 11p per share (31st December 2023: 11p) payable on 3rd April 2025 to shareholders on the register on 7th March 2025

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