Last checked at 5 Feb 2013 11:59
5 February 2013
CITY OF LONDON INVESTMENT GROUP PLC
("City of London", "the Group" or "the Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities
The Company would like to advise that, on 4 February 2013 Barry Olliff, Chief Investment Officer, bought 25,000 ordinary shares of 1p each ("Ordinary Shares") at a price of £2.80 per Ordinary Share. On 5 February 2013 Mr Olliff also exercised options over a total of 20,000 Ordinary Shares: 12,000 at an exercise price of £2.75 per Ordinary Share and 8,000 at an exercise price of £2.30 per Ordinary Share.
In addition, on 5 February 2013, Business Development Director, Carlos Yuste, exercised options over 12,500 Ordinary Shares at an exercise price of £1.40 per Ordinary Share.
These transactions took place in London.
The resultant share holdings in the Company are shown below:
Director | Resultant holding | % of issued share capital |
|
Barry Olliff | 3,045,000 | 11.3% |
|
Carlos Yuste | 327,425 | 1.2% |
|
This announcement is made in accordance with the requirements of DTR 3.1.4.
For further information, please visit www.citlon.co.uk or contact:
Tracy Rodrigues (Finance Manager) City of London Investment Group PLC
| Tel: +44 (0)20 7860 8346 |
Martin Green / Lucy Tilley Canaccord Genuity Limited
| Tel: +44 (0)20 7523 8350 |