Director/PDMR Shareholding

RNS Number : 7389Q

City of London Investment Group PLC

19 June 2015

 

19 June 2015

CITY OF LONDON INVESTMENT GROUP PLC

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

Notification of Transactions of Director/Persons Discharging Managerial Responsibilities

City of London would like to advise that the following Directors of the Company have today received an allocation of share options as set out in the table below:

Director	New options allocated	Exercise price	Amount paid for grant
T W Griffith	23,500	£3.52	Nil
C M Yuste	23,500	£3.52	Nil

These options are over City of London Investment Group PLC ordinary 1p shares held in the Employee Benefit Trust (EBT) and are exercisable from 19 June 2018 to 18 June 2025.

These awards are part of a Group wide grant of approximately 400,000 options, which represents 85% of the unallocated shares in the EBT.

These transactions took place in London.

The total share option holding for these Directors following this notification is shown below:

Director	Total options held
T W Griffith	114,000
C M Yuste	101,500

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, Financial Controller	Martin Green
City of London Investment Group PLC	Canaccord Genuity Limited
Tel: [phone]	Broker and Financial Adviser
	Tel: [phone]

 

END

 

 

RDSEKLFFEQFBBBQ