City of London Investment Group PLC Director/PDMR Shareholding (4920M)
14 October 2016 - 1:05AM
UK Regulatory
TIDMCLIG
RNS Number : 4920M
City of London Investment Group PLC
13 October 2016
13th October 2016
CITY OF LONDON INVESTMENT GROUP PLC
("CLIG")
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------
a) Name 1. Barry Olliff
--- ------------------ --------------------------------
2 Reason for the notification
--- ----------------------------------------------------
a) Position/status 1. CEO
--- ------------------ --------------------------------
b) Initial Initial notification
notification
/Amendment
--- ------------------ --------------------------------
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 Ordinary Shares of GBP0.01 each
of the financial
instrument, ISIN: GB00B104RS51
type of
instrument
Identification
code
--- ------------------ --------------------------------
b) Nature of Sale of shares
the transaction
--- ------------------ --------------------------------
c) Price(s) Price No. of
and volume(s) shares
--------- --------
GBP4.00 50,000
--------- --------
--- ------------------ --------------------------------
d) Aggregated
information N/A
- Aggregated
volume
- Price
--- ------------------ --------------------------------
e) Date of 12 October 2016
the transaction
--- ------------------ --------------------------------
f) Place of London Stock Exchange
the transaction
--- ------------------ --------------------------------
Additional information:
This is in line with Barry Olliff's intention to sell 500,000
CLIG Shares at 400p (leaves 450,000) and 500,000 Shares at 450p
announced previously and confirmed in the CLIG 2016 Report and
Accounts.
For further information, please visit www.citlon.co.uk or
contact:
Barry Olliff, CEO
City of London Investment Group PLC
Tel: 001 215 313 3774
Martin Green
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20 3829 5000
This information is provided by RNS
The company news service from the London Stock Exchange
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October 13, 2016 10:05 ET (14:05 GMT)