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Pin to quick picksCity Lon Inv Regulatory News (CLIG)

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443.00    10.00 (2.31%)
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Spread: 3.00 (0.682%)
Market Cap: £218.72m
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Director/PDMR Shareholding

3 Dec 2012 07:01

RNS Number : 5076S
City of London Investment Group PLC
03 December 2012
 
03 December 2012

 

 

CITY OF LONDON INVESTMENT GROUP PLC

("City of London" or the "Company")

 

Notification of Transactions of Persons Discharging Managerial Responsibilities

 

The Company would like to advise that, on 30 November 2012, following the Company share buyback announced on the same day, Chief Executive Officer Barry Olliff acquired 100,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 255 pence per Ordinary Share. In addition, Doug Allison, Finance Director and Chief Executive Designate, disposed of beneficial interests in 100,000 Ordinary Shares at a price of 255 pence per Ordinary Share.

 

The resultant beneficial and other interests of Barry Olliff and Doug Allison in the Company are shown below:

 

Director

Resultant holding

% of issued share capital

Options over Ordinary Shares

Barry Olliff

3,732,580

13.9%

20,000

Doug Allison

214,375

0.8%

51,000

 

 

*Doug Allison's beneficial interest is in shares which are registered in the name of his wife, Phillipa Allison.

 

 

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

 

Doug Allison (Finance Director)

Simon Hudson / Kelsey Traynor

City of London Investment Group Plc

Tavistock Communications

Tel: +44 (0)20 7860 8347

Tel: +44 (0)20 7920 3150

Martin Green

Canaccord Genuity Limited

Broker

Tel: +44 (0)20 7523 8000

 

-ends-

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSDBLFXLFFEFBE
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