Holding(s) in Company

RNS Number : 3425E

City of London Investment Group PLC

17 October 2018

 

17 October 2018

CITY OF LONDON INVESTMENT GROUP PLC

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

Holding(s) in Company

City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional products investing in closed-end funds,  announces that on 16 October 2018 the Company's Employee Benefit Trust purchased 100,000 ordinary shares of 1p each at a price of 390 pence per share.  Following this purchase the Trust holds 1,544,190 ordinary shares in the Company representing 5.8% of the Company's issued capital, of which 287,426 (1.1% of the Company's issued capital) is held in custody for employees under the terms of the Employee Incentive Plan (EIP).

For further information, please contact:

Barry Olliff, CEO

City of London Investment Group PLC

Tel: [phone]

Martin Green

Zeus Capital Limited

Financial Adviser & Broker

Tel: [phone]

 

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