Holding(s) in Company

RNS Number : 5330J

City of London Investment Group PLC

19 August 2019

 

19 August 2019

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 August 2019 the Company's Employee Benefit Trust purchased 25,000 ordinary shares of 1p each at a price of 407 pence per share.  Following this purchase the Trust holds 1,548,048 ordinary shares in the Company representing 5.8% of the Company's issued capital, of which 624,200 (2.4% 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:

Tom Griffith, CEO

City of London Investment Group PLC

Tel: [phone]

Martin Green

Zeus Capital Limited

Financial Adviser & Broker

Tel: [phone]

 

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