Director/PDMR Shareholding

RNS Number : 2654G

City of London Investment Group PLC

25 May 2017

 

25 May 2017

CITY OF LONDON INVESTMENT GROUP PLC

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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.      Barry Olliff
2	Reason for the notification
a)	Position/status	1.      CEO
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	City of London Investment Group plc
b)	LEI	549300BV85TFYXK2Y635
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of £0.01 each ISIN: GB00B104RS51
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price No. of shares 1.      4.00 1.      225,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	24 May 2017
f)	Place of the transaction	London Stock Exchange

Additional information:

This is in line with Barry Olliff's intention to sell 500,000 CLIG Shares at 400p (leaves 225,000) and 500,000 Shares at 450p announced previously and confirmed in the CLIG 2016 Report and Accounts.

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

Barry Olliff, CEO

City of London Investment Group PLC

Tel: [phone]

Martin Green

Zeus Capital Limited

Financial Adviser & Broker

Tel: [phone]

 

END

 

 

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