26 May 2017 15:49
26 May 2017
CITY OF LONDON INVESTMENT GROUP PLC
("City of London", "the Group" or "the Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | 1. Barry Olliff | ||||
2 | Reason for the notification | |||||
a) | Position/status | 1. CEO | ||||
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 | Sale of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A | ||||
e) | Date of the transaction | 25 May 2017 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
Additional information:
This is in line with Barry Olliff's intention to sell 500,000 CLIG Shares at 400p (now complete) and 500,000 Shares at 450p announced previously and confirmed in the CLIG 2016 Report and Accounts.
For further information, please visit www.citlon.co.uk or contact:
Barry Olliff, CEO
City of London Investment Group PLC
Tel: 001 215 313 3774
Martin Green
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20 3829 5000
City Lon Inv (CLIG)