Director/PDMR Shareholding

RNS Number : 1576X

City of London Investment Group PLC

05 February 2013

 



5 February 2013

CITY OF LONDON INVESTMENT GROUP PLC

("City of London", "the Group" or "the Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities

The Company would like to advise that, on 4 February 2013 Barry Olliff, Chief Investment Officer, bought 25,000 ordinary shares of 1p each ("Ordinary Shares") at a price of £2.80 per Ordinary Share. On 5 February 2013 Mr Olliff also exercised options over a total of 20,000 Ordinary Shares: 12,000 at an exercise price of £2.75 per Ordinary Share and 8,000 at an exercise price of £2.30 per Ordinary Share.

In addition, on 5 February 2013, Business Development Director, Carlos Yuste, exercised options over 12,500 Ordinary Shares at an exercise price of £1.40 per Ordinary Share.

These transactions took place in London.

The resultant share holdings in the Company are shown below:

Director	Resultant holding	% of issued share capital
Barry Olliff	3,045,000	11.3%
Carlos Yuste	327,425	1.2%

This announcement is made in accordance with the requirements of DTR 3.1.4.

For further information, please visit www.citlon.co.uk or contact:

Tracy Rodrigues (Finance Manager)    City of London Investment Group PLC	Tel: [phone]
Martin Green / Lucy Tilley Canaccord Genuity Limited	Tel: [phone]

 

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