Holding(s) in Company

RNS Number : 5117U
City of London Investment Group PLC
03 December 2021
 

03 December 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 primarily in closed-end funds, announces that the Company's Employee Benefit Trust purchased 350,000 ordinary shares of 1p each on 2 December 2021 at a price of £4.75 per share. 

 

Following these purchases, the Trust holds 1,689,428 ordinary shares in the Company representing 3.3% of the Company's issued capital, of which 688,113 (1.4% 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: 001-610-380-0435

 

Martin Green/Pippa Hamnett

Zeus Capital Limited

Financial Adviser & Broker

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

 

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