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Pin to quick picksCity Lon Inv Regulatory News (CLIG)

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Market Cap: £215.76m
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PDMR Shareholding

25 Mar 2026 11:33

RNS Number : 1062Y
City of London Investment Group PLC
25 March 2026
 

CITY OF LONDON INVESTMENT GROUP PLC

("City of London", "CLIG", "the Group" or "the Company")

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them.

 

City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products, has been notified that Cooper Abbott, a person discharging managerial responsibilities ("PDMR"), has purchased 11,508 shares at an aggregate price of £3.819 per ordinary share of £0.01 in the Company ("Ordinary Shares").

 

Following this transaction, Mr. Abbott's beneficial interest is 40,008 Ordinary Shares, representing approximately 0.1% of the Company's issued share capital.

 

In addition, and as announced on 4 March 2026, Mr. Abbott has also been granted 184,076 Ordinary Shares under the Company's LTIP, which will vest on the third anniversary of grant subject to achieving certain performance conditions. Further details of these performance conditions will be disclosed in the Directors' Remuneration Report in the Group's next Annual Report.

 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail:

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Cooper Abbott

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

 

Initial notification /Amendment

Initial notification

3

 

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

 

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)

Price

No. of shares

1. £3.79

5,000

2. £3.841

6,508

d)

Aggregated information

- Aggregated volume

- Price

 

 

11,508

 

£3.819

e)

Date of the transaction

1. 23 March 2026

2. 24 March 2026

f)

Place of the transaction

London Stock Exchange

 

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

 

Rian Dartnell, Chairman

City of London Investment Group PLC

Tel: 001-610-380-2110

 

Martin Green, Louisa Waddell

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20-3829-5000

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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