Source - RNS
RNS Number : 4920M
City of London Investment Group PLC
13 October 2016
 

13th October 2016

 

CITY OF LONDON INVESTMENT GROUP PLC

("CLIG")

 

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)

 Price

No. of shares

  £4.00

 

  50,000

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

e)

Date of the transaction

12 October 2016

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 (leaves 450,000) 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

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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