City of London Group PLC Director/PDMR Shareholding (7200J)

TIDMCIN

RNS Number : 7200J

City of London Group PLC

23 December 2020

CITY OF LONDON GROUP PLC

(the "Company")

Director/PDMR Shareholding

The Company was notified on 22 December 2020 that Jason Oakley had purchased 50,000 Ordinary Shares of 2 pence each at a price of 85 pence per share on 22 December 2020.

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                          Jason Oakley 
     ----------------------------  ------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status               PDMR, CEO of Recognise Bank Limited 
     ----------------------------  ------------------------------------- 
 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) 
                                       85p        50,000 
                                                 ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume            50,000 
 
       - Price                        85p 
 
       - Total 
                                      GBP42,500.00 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       22 December 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:

Tavistock Communications

Heather Armstrong / Tim Pearson

[e-mail]

[phone]

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December 23, 2020 08:25 ET (13:25 GMT)