Last checked at 17 Sep 2009 15:15
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | CITY OF LONDON INVESTMENT GROUP PLC | |||
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||||
| An acquisition or disposal of voting rights | X | |||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
| An event changing the breakdown of voting rights | ||||
| Other (please specify): | ||||
| 3. Full name of person(s) subject to the notification obligation: iii | HARGREAVE HALE LIMITED | |||
| 4. Full name of shareholder(s) (if different from 3.):iv | DISCRETIONARY CLIENTS | |||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 16 SEPTEMBER 2009 | |||
| 6. Date on which issuer notified: | 17 SEPTEMBER 2009 | |||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | 5% | |||
| 8. Notified details: | |||||||||||||||||
| A: Voting rights attached to shares viii, ix | |||||||||||||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||||||||||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | |||||||||||||
| Direct | Indirect | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
| GB00B104RS51 | 1286100 | 1286100 | 1323197 | 1323197 | 5.0830% | ||||||||||||
| B: Qualifying Financial Instruments | |||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||
| Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | |||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||
| Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | ||||||||||||
| Nominal | Delta | ||||||||||||||||
| Total (A+B+C) | |||||||||||||||||
| Number of voting rights | Percentage of voting rights | ||||||||||||||||
| 1,323,197 | 5.0830% | ||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
| 867,097 of these shares are for unit trusts operated by Marlborough Fund Managers Ltd for who Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients. | ||
| Proxy Voting: | ||
| 10. Name of the proxy holder: | ||
| 11. Number of voting rights proxy holder will cease to hold: | ||
| 12. Date on which proxy holder will cease to hold voting rights: | ||
| 13. Additional information: | Holding percentages based on TVR of 26,031,603. | |
| 14. Contact name: | David Clueit | |
| 15. Contact telephone number: | 01253 754739 | |