REG - City of Lon Inv Grp - Director/PDMR Shareholding
RNS Number : 4323OCity of London Investment Group PLC08 October 2021CITY OF LONDON INVESTMENT GROUP PLC
("City of London", "CLIG", "the Group" or "the Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them.
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, has been notified that Stable View III LP, a Partnership set up by Non-Executive Director Barry Olliff, has sold 22,670 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at a price of £5.50 per share.
Following these sales, Mr. Olliff's beneficial interest is 1,158,410 Ordinary Shares, representing approximately 2.3% of the Company's issued share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Barry Olliff
2
Reason for the notification
a)
Position/status
Non-Executive Director
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
City of London Investment Group plc
b)
LEI
549300BV85TFYXK2Y635
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument,
Identification code
Ordinary Shares of £0.01 each
ISIN: GB00B104RS51
b)
Nature of the transaction
Sale of shares
c)
Price(s) and volume(s)
Price
No. of shares
£5.50
22,670
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
6 October 2021
f)
Place of the transaction
London Stock Exchange
For further information, please visit www.citlon.co.uk or 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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