Disposal of 127 Charing Cross Road, London for GBP59.25m

Result of Placing of existing ordinary shares and preference shares

Block Listing - cancellation

The black-empowered investment group has reduced its debt after disposing of a portion of some of its holdings.

Despite returning to profitability, the business bank and financial services group is remaining prudent by withholding an interim dividend.

The banking group says its 2020 profits could halve from a year earlier due to the impact of Covid-19.