27 Jan 2010 14:17
City of London Investment Group PLC (the "Company")
27 January 2010
Notification of Transactions of Person Discharging Managerial Responsibilities and Connected Persons
The Company has been advised that Barry Olliff, on Tuesday 26 January, sold 100,000 Ordinary shares at a price of 310p per share. Following this sale, he and his connected persons hold a balance of 5,143,683 Ordinary shares in the Company representing 19.7% of the Company's issued share capital.
This disposal of shares reflects Mr Olliff's stated intention of, subject to close periods and other regulatory requirements, selling 500,000 shares at 310p per share, 500,000 at 350p per share and 500,000 at 400p per share.
Enquiries:
Doug Allison,
Finance Director Tel: 020 7711 0771
City Lon Inv (CLIG)