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Director/PDMR Shareholding

18 Oct 2019 14:03

RNS Number : 4259Q
City of London Investment Group PLC
18 October 2019
 

18 October 2019

 

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 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. 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

Transfer of shares

c)

Price(s) and volume(s)

 Price

No. of shares

1. £0.00

 

1. 2,000,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

e)

Date of the transaction

17 October 2019

f)

Place of the transaction

Outside a trading venue

 

For estate planning purposes, Barry Olliff has established a Partnership, Stable View III into which he has transferred 2 million of his shares.

He maintains voting control over these shares.

As stated previously, Barry's intention remains to sell 500,000 shares at each of 450p, 475p, and 500p subject to close periods, etc.

For further information, please visit www.citlon.co.uk or contact: 

Tom Griffith, CEOCity of London Investment Group PLCTel: 001-610-380-0435 

Martin GreenZeus Capital LimitedFinancial Adviser & BrokerTel: +44 (0)20-3829-5000

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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