Director/PDMR Shareholding

RNS Number : 5501U

City of London Investment Group PLC

03 December 2021

 

03 December 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 Non-Executive Chairman Barry Aling, has purchased 50,000 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at a price of £4.76 per share.

Following this purchase, Mr. Aling's beneficial interest is 184,300 Ordinary Shares, representing approximately 0.4% 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 Aling
2	Reason for the notification
a)	Position/status	Non-Executive Chairman
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 £4.76 50,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	2 December 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]

 

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