Last checked at 24 Nov 2016 15:42
24th November 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. Tracy Rodrigues 2. Tracy Rodrigues
| ||||||||
2 | Reason for the notification | |||||||||
a) | Position/status | 1. Finance Director 2. Finance Director
| ||||||||
b)
| Initial notification /Amendment | 1. Initial notification 2. 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 | 1. Exercise of options 2. Sale of shares
| ||||||||
c) | Price(s) and volume(s) | 1.
2.
| ||||||||
d) | Aggregated information - Aggregated volume - Price |
1. Total options exercised = 15,000 Weighted exercise price = £2.67
2. Total shares sold = 10,031 Weighted sale price = £3.50
| ||||||||
e) | Date of the transaction | 1. 23 November 2016 2. 23 November 2016
| ||||||||
f) | Place of the transaction | 1. London Stock Exchange 2. London Stock Exchange
| ||||||||
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