We are pleased to welcome Recognise Bank Limited to the platform and announce its admission to the Asset Match Private Market.

Recognise Bank is a UK licensed bank that is focused on serving the UK SME market. It offers a range of business and personal savings products, as well as lending products that are tailored to meet the needs of the SME sector. The Bank is building on its existing technology infrastructure to develop its digital capability and enable the Bank to offer new and improved lending products and services to the SME sector.

Following the cancellation of City of London Group plc from trading on AIM and the subsequent MVL and Distribution, Recognise Bank has appointed Asset Match to provide a secondary trading facility in the Ordinary Shares.

The first auction in the Ordinary Shares is scheduled to take place on 27 July 2023, subsequent auctions are to take place on a quarterly basis thereafter. All relevant company and auction information can be found on the company page here.

Buy and sell orders are to be submitted via shareDeal active. For details on how to participate please refer to the auction instructions or alternatively contact dealing@assetmatch.com or Tel 020 7248 2788.

If you wish to receive auction and company updates, please register on www.assetmatch.com and add Recognise Bank to your Watchlist.