5 Jun 2019 07:00
CITY OF LONDON GROUP PLC
("COLG" or the "Company")
Director/PDMR Shareholding
The Company announces that Jason Oakley has acquired 11,839 ordinary shares in the Company.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jason Oakley | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| CEO, Recognise | ||||
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 Group Plc | ||||
b)
| LEI
| 2138003UW63TMQ5ZFD85 | ||||
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 in the Company
ISIN: GB00BD9GS058
| ||||
b)
| Nature of the transaction
| Purchase of 11,839 ordinary shares in the Company.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
11,839 ordinary shares in the Company
£1.405 per ordinary share | ||||
e)
| Date of the transaction
| 31 May 2019 | ||||
f)
| Place of the transaction
| AIM | ||||
Enquiries:
City of London Group plc Michael Goldstein
| +44 (0)20 7583 5555 |
Peel Hunt LLP (nominated adviser and broker) James Britton, Rishi Shah
| +44 (0)207 418 8900 |
Lansons (PR adviser) Pete Knott, Bev Aujla | +44 (0)207 566 9774 colg@lansons.com |
Notes to editors:
About City of London Group
City of London Group is a forward-thinking organisation focused on serving the UK SME market. It is primed for the future but grounded with traditional values and a strength and depth of expertise.
The Group's expertise covers finance for the SME sector, equity release and secured lending. The Group has experience with commercial banking and mortgages, as well as good access to funding arrangements such as commercial, SME, bridging and development finance, home reversion plans, and asset and loan finance.
The Group ensures its services are always delivered with a personal touch, so clients know that they are more than a customer and have a partner that will work with them as they look towards the future.
LEI: 2138003UW63TMQ5ZFD85