14 Dec 2020 18:14
14 December 2020
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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 products investing in closed-end funds, has been notified that Liese Aling, spouse of Barry Aling, our Non-Executive Chairman, has purchased an initial holding of 20,000 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at a price of £4.28 per share.
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Following the purchase, Mr. Aling's beneficial interest is 114,300 Ordinary Shares, representing approximately 0.2% 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 | Liese Aling |
2 | Reason for the notification | |
a) | Position/status | Spouse of Barry Aling, Non-Executive Chairman |
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 |
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |   20,000 shares  £4.28  | ||||||
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
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20-3829-5000
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City Lon Inv (CLIG)