Holding(s) in Company

RNS Number : 3450Z

City of London Investment Group PLC

20 May 2021

 

20 May 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 30,183 ordinary shares of 1p each on 18 May 2021 at a price of £5.3591 per share, a further 2,800 ordinary shares of 1p each on 19 May 2021 at a price of £5.3106 per share, and 259 ordinary shares of 1p each on 20 May 2021 at a price of £5.335 per share.  Following these purchases, the Trust holds 1,591,137 ordinary shares in the Company representing 3.1% 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: [phone]

Martin Green/Pippa Hamnett

Zeus Capital Limited

Financial Adviser & Broker

Tel: [phone]

 

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