Director/PDMR Shareholding

RNS Number : 2139B

City of London Investment Group PLC

08 June 2021

 

8 June 2021

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 ("PDMR") and persons closely associated with them.

City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products investing primarily in closed-end funds, has been notified that on 7 June 2021 Stable View III LP, a Partnership set up by Barry Olliff, a Non-Executive Director, sold a total of 43,000 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at a price of £5.40 per share.

Following these sales, Mr. Olliff's beneficial interest is 1,228,018 Ordinary Shares, representing approximately 2.4% 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	Barry Olliff
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	Sale of shares

c)	Price(s) and volume(s)	Price No. of shares £5.40 43,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	7 June 2021
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/Pippa Hamnett

Zeus Capital Limited

Financial Adviser & Broker

Tel: [phone]

 

END

 

 

DSHXVLFBFQLEBBZ