16 Apr 2010 07:00

City of London Investment Group PLC (the "Company")
Â
16 April 2010
Â
Notification of Transactions of Persons Discharging Managerial Responsibilities and Connected Persons and Total Voting Rights and Share Buyback
Â
Â
The Company has purchased for cancellation 439,000 Ordinary shares of 1p each in the Company at a price of 265 pence per share. Following the cancellation of these Ordinary shares, the Company's issued ordinary share capital with voting rights will be 25,968,803 Ordinary shares.
Â
Â
The Company would also like to advise that, on Thursday 15 April:
Â
1. Barry Olliff, Chief Executive Officer, bought 50,000 Ordinary shares of 1p each at a price of 265p per share. Following this purchase, Mr Oliff has an interest of 5,168,683 Ordinary shares of 1p each in the Company representing 19.9% of the Company's issued share capital.
Â
2. Alan Bufferd, non-executive director, bought 10,000 Ordinary shares of 1p each at a price of 265p per share. Following this purchase, Mr Bufferd has an interest of 20,000 Ordinary shares of 1p each in the Company representing 0.08% of the Company's issued share capital.
Â
3. Frank Bruce Limited, a company connected with Andrew Davison, Chairman of the Company, purchased 18,000 ordinary shares in the Company at a price of 265p per share. Following this purchase, Mr Davison and his connected persons have an interest of 104,500 Ordinary shares of 1p each in the Company representing 0.4% of the Company's issued share capital.
Â
Â
Â
Â
Â
Â
Enquiries:
Â
Doug Allison,
Finance Director Tel: 020 7711 0771
Â