Director/PDMR Shareholding

RNS Number : 6907D

City of London Investment Group PLC

30 October 2020

 

CITY OF LONDON INVESTMENT GROUP PLC

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

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

City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional products investing in closed-end funds, has been notified that Rian Dartnell, a Non-Executive Director, a person discharging managerial responsibilities ("PDMR"), has purchased 30,000 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at a price of £3.91956 per share. 

Following the purchase, Mr. Dartnell's beneficial interest is 50,000 Ordinary Shares, representing approximately 0.1% of the Company's issued share capital. 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail: 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rian Dartnell
2	Reason for the notification
a)	Position/status	Non-Executive Director
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	Purchase of shares

 

c)	Price(s) and volume(s)	Price No. of shares £3.91956 30,000
d)	Aggregated information - Aggregated volume - Price	30,000 shares £3.91956
e)	Date of the transaction	28 October 2020
f)	Place of the transaction	London Stock Exchange

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

Tom Griffith, CEO

City of London Investment Group PLC

Tel: [phone]

Martin Green

Zeus Capital Limited

Financial Adviser & Broker

Tel: [phone]

 

END

 

 

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