City of London Investment Group Announces CEO Departure and Positive Trading Update

City of London Investment ( (GB:CLIG) ) has shared an announcement.

City of London Investment Group PLC announced the departure of Tom Griffith as CEO by July 2025, with a planned succession process in place to ensure a smooth transition. The company also reconfirmed its positive fourth-quarter trading performance and anticipates providing further details in its year-end update on 24 July 2025.

Spark’s Take on GB:CLIG Stock

According to Spark, TipRanks’ AI Analyst, GB:CLIG is a Outperform.

The overall stock score for City of London Investment Group is driven by a solid valuation and strong financial performance. While the technical analysis indicates moderate short-term weakness, the company’s attractive valuation and strategic leadership enhancements offer potential for future growth.

To see Spark’s full report on GB:CLIG stock, click here.

More about City of London Investment

City of London Investment Group PLC is an established asset management group listed on the London Stock Exchange. It consists of two wholly owned subsidiaries: City of London Investment Management Company, Limited and Karpus Investment Management.

Average Trading Volume: 35,483

Technical Sentiment Signal: Strong Buy

Current Market Cap: £178.6M

See more data about CLIG stock on TipRanks’ Stock Analysis page.