City of London Investment Group PLC Holding(s) in Company (1729Z)

TIDMCLIG

RNS Number : 1729Z

City of London Investment Group PLC

12 May 2023

12 May 2023

CITY OF LONDON INVESTMENT GROUP PLC

("City of London", "the Company")

Holding(s) in Company

City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products investing primarily in closed-end funds, announces that the Company's Employee Benefit Trust purchased 14,000 ordinary shares of 1p each on 11 May 2023 at a price of GBP4.40 per share.

Following these purchases, the Trust holds 1,917,500 ordinary shares in the Company representing 3.8% of the Company's issued capital, of which 1,003,944 (2.0% of the Company's issued capital) is held in custody for employees under the terms of the Employee Incentive Plan (EIP).

For further information, please contact:

Tom Griffith, CEO

City of London Investment Group PLC

Tel: [phone]

Martin Green

Zeus Capital Limited

Financial Adviser & Broker

Tel: [phone]

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(END) Dow Jones Newswires

May 12, 2023 02:00 ET (06:00 GMT)