City Lon Inv Regulatory News (CLIG)

24 Sep 2007 15:38

City of London Investment Group PLC24 September 2007 City of London Investment Group plc("the Company") 24 September 2007 Director Shareholding The Company was today informed that on 24 September 2007 Doug Allison (FinanceDirector) exercised options over 52,500 Ordinary Shares of 1p each in theCompany ("Ordinary Shares") held by the City of London Employee Share OptionTrust ("the ESOP"). The exercise price paid by Mr. Allison was 45p per OrdinaryShare. As a result of this transaction, Mr. Allison is now interested in228,125 Ordinary Shares representing 0.85% of the issued share capital and thereremain 2,150,625 Ordinary Shares held in the ESOP representing 8.03% of theissued share capital. Enquiries: Doug Allison (Finance Director)City of London Investment Group PLCTel: 020 7860 8347 Fred Walsh/Simon BrownLandsbanki Securities (UK) LimitedNominated Adviser & BrokerTel: 020 7426 9000 Simon Hudson/Andrew DunnTavistock Communications LtdTel: 0207 920 3150 This information is provided by RNS The company news service from the London Stock Exchange