Holding(s) in Company

RNS Number : 6305T
City of London Investment Group PLC
15 November 2019
 

 

15 November 2019

 

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 products investing in closed-end funds,  announces that on 14 November 2019 the Company's Employee Benefit Trust purchased 110,000 ordinary shares of 1p each at a price of £4.249267 per share.  Following this purchase the Trust holds 1,398,168 ordinary shares in the Company representing 5.3% of the Company's issued capital, of which 690,094 (2.6% 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

Zeus Capital Limited

Financial Adviser & Broker

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

 


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