City of London Investment Group PLC Director/PDMR Shareholding
08 March 2024 - 4:15AM
RNS Regulatory News
RNS Number : 0651G
City of London Investment Group PLC
07 March 2024
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 Sarah Ing, a person
discharging managerial responsibilities ("PDMR"), has purchased
10,000 ordinary shares of £0.01 each in the Company ("Ordinary
Shares") at a price of £3.227 per share.
Following these
transactions, Ms. Ing's beneficial interest is 10,000 Ordinary
Shares, representing approximately 0.02% 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
|
Sarah Ing
|
|
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
|
Purchase of
shares
|
|
c)
|
Price(s) and
volume(s)
|
|
Price
|
No. of
shares
|
|
£3.227
|
10,000
|
|
|
d)
|
Aggregated
information
- Aggregated
volume
- Price
|
n/a
|
|
e)
|
Date of the
transaction
|
7 March
2024
|
|
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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END
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