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City Of London Group Says Director Granite Steps Down

23rd Aug 2016 07:30

LONDON (Alliance News) - Investment company City of London Group PLC on Tuesday said Jason Granite has stepped down from his role as an executive director of the business with immediate effect.

Granite joined back in April, a move City of London Group announced as it said its then-chief executive, John Kent, would leave at the end of that month.

Granite is the executive chairman of Frenkel Topping Group PLC, the London-listed financial adviser and asset manager.

City of London shares were down 27% to 3.03 pence on Tuesday morning.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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