25 Nov 2009 11:38
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City of London Investment Group PLCΒ (the "Company")
25Β NovemberΒ 2009
Notification of Transactions of Persons Discharging Managerial Responsibilities and Connected Persons
The Company has been advised thatΒ Carlos Yuste, on Tuesday 24thΒ November,Β sold 33,500 Ordinary shares at a price ofΒ 295p per share. Following thisΒ sale,Β he and his connected personsΒ hold a balanceΒ ofΒ 29,425Β Ordinary shares inΒ the CompanyΒ representingΒ 0.11% of the Company's issued share capital.
The CompanyΒ also announcesΒ thatΒ itsΒ Employee Share Option Plan ("ESOP") acquired 83,350 shares onΒ Tuesday 24thΒ NovemberΒ at a price ofΒ 295p per share. Following thisΒ purchase the ESOP holdsΒ 1,624,558Β ordinary sharesΒ in the Company representing 6.24% of the Company's issued share capital.
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Enquiries:
Doug Allison,
Finance Director Tel:Β 020 7711 0771
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