City of London Group PLC Director/PDMR Shareholding (1417H)

TIDMCIN

RNS Number : 1417H

City of London Group PLC

01 December 2020

CITY OF LONDON GROUP PLC

(the "Company")

Director/PDMR Shareholding

The Company was notified on 30 November 2020 that Rudolf Heaf had purchased 11,000 Ordinary Shares of 2 pence each at a price of 91 pence per share on 30 November 2020.

Following the purchases, Mr Heaf, together with his connected persons, is interested in 11,000 Ordinary Shares in the Company.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                          Rudolf Heaf 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status               Director of Operations, Recognise 
                                     Financial Services Limited / PDMR 
     ----------------------------  ------------------------------------- 
 b)   Initial notification          Initial notification 
       /Amendment 
     ----------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                          CITY OF LONDON GROUP PLC 
     ----------------------------  ------------------------------------- 
 b)   LEI                           2138003UW63TMQ5ZFD85 
     ----------------------------  ------------------------------------- 
 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            Ordinary shares in the Company 
       financial instrument, 
       type of instrument 
                                     ISIN: GB00BD9GS058 
       Identification code 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Purchase of Ordinary Shares 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)   Volume(s) 
                                       91p        11,000 
                                                 ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume            N/A 
 
       - Price 
 
       - Total 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       30 November 2020 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      London Stock Exchange 
     ----------------------------  ------------------------------------- 
 

For further information, please contact:

City of London Group plc

Michael Goldstein (Chief Executive Officer)

[phone]

Ben Peters (Director of Investor Relations)

[phone]

Peel Hunt LLP (Nominated Adviser and Joint Broker)

James Britton

Rishi Shah

[phone]

finnCap Ltd (Joint Broker)

Jonny Franklin-Adams / Anthony Adams / Kate Washington (Corporate Finance)

Andrew Burdis / Richard Chambers (ECM)

[phone]

For media enquiries, please contact:

David Masters, Lansons [e-mail]

[phone]

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December 01, 2020 08:33 ET (13:33 GMT)