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3 Dec 2012 07:01
CITY OF LONDON INVESTMENT GROUP PLC
("City of London" or the "Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities
The Company would like to advise that, on 30 November 2012, following the Company share buyback announced on the same day, Chief Executive Officer Barry Olliff acquired 100,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 255 pence per Ordinary Share. In addition, Doug Allison, Finance Director and Chief Executive Designate, disposed of beneficial interests in 100,000 Ordinary Shares at a price of 255 pence per Ordinary Share.
The resultant beneficial and other interests of Barry Olliff and Doug Allison in the Company are shown below:
Director | Resultant holding | % of issued share capital | Options over Ordinary Shares |
Barry Olliff | 3,732,580 | 13.9% | 20,000 |
Doug Allison | 214,375 | 0.8% | 51,000 |
*Doug Allison's beneficial interest is in shares which are registered in the name of his wife, Phillipa Allison.
For further information please visit www.citlon.co.uk or contact:
Doug Allison (Finance Director) | Simon Hudson / Kelsey Traynor |
City of London Investment Group Plc | Tavistock Communications |
Tel: +44 (0)20 7860 8347 | Tel: +44 (0)20 7920 3150 |
Martin Green | |
Canaccord Genuity Limited | |
Broker | |
Tel: +44 (0)20 7523 8000 |
-ends-
City Lon Inv (CLIG)
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