Holding(s) in Company

RNS Number : 2899P
City of London Investment Group PLC
16 February 2021
 

 

16 February 2021

 

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 and retail products investing in closed-end funds, announces that the Company's Employee Benefit Trust purchased 100,000 ordinary shares of 1p each on 15 February 2021 at a price of £5.20 per share.  Following this purchase, the Trust holds 1,351,158 ordinary shares in the Company representing 2.7% of the Company's issued capital, of which 678,120 (1.3% 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: 001-610-380-0435

 

Martin Green / Pippa Hamnett

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20-3829-5000

 

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