Director/PDMR Shareholding

City of London Investment Group PLC
14 December 2023
 

CITY 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 Tom Griffith, a person discharging managerial responsibilities ("PDMR"), has exercised 17,000 share options at an exercise price of £2.55 per ordinary share of £0.01 in the Company ("Ordinary Shares").

 

Following these transactions, Mr. Griffith's beneficial interest is 557,147 Ordinary Shares, representing approximately 1.1% 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

Tom Griffith

2

Reason for the notification

a)

Position/status

Chief Executive Officer

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

Exercise of share options

 

c)

Price(s) and volume(s)

 Price

No. of shares

£2.55

17,000

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

14 December 2023

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/ James Hornigold

Zeus Capital Limited

Financial Adviser & Broker

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

 

 

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