9 Mar 2022 07:00
CITY OF LONDON INVESTMENT GROUP PLC
("City of London", "CLIG", "the Group" or "the Company")
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Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them.
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City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products investing primarily in closed-end funds, has been notified that Stable View III LP, a Partnership set up by Non-Executive Director Barry Olliff, has purchased 10,000 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at a price of £4.00 per share.
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Following this purchase, Mr. Olliff's beneficial interest is 1,268,410 Ordinary Shares, representing approximately 2.5% of the Company's issued share capital.
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The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
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1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Barry Olliff | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Non-Executive Director | |||||||||
b) Â | Initial notification /Amendment | Initial notification | |||||||||
3 Â | 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 Â | 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 | Purchase of shares | |||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |  n/a  | |||||||||
e) | Date of the transaction |
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f) | Place of the transaction | London Stock Exchange |
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For further information, please visit www.citlon.co.uk or contact:
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Tom Griffith, CEO
City of London Investment Group PLC
Tel: 001-610-380-0435
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Martin Green/Pippa Hamnett
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20-3829-5000
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