City of London Investment Group PLC Director/PDMR Shareholding (3716U)

TIDMCLIG

RNS Number : 3716U

City of London Investment Group PLC

24 October 2017

CITY OF LONDON INVESTMENT GROUP PLC

("City of London", "CLIG", "the Group" or "the Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

City of London (LSE: CLIG), a leading specialist asset management group focused on emerging markets and closed-end funds, has been notified that Susannah Nicklin, a Non-Executive Director, a person discharging managerial responsibilities ("PDMR"), has purchased 1,332 ordinary shares of GBP0.01 each in the Company ("Ordinary Shares") at a price of GBP4.095 per share.

Following the purchase, Ms Nicklin's beneficial interest is 1,332 Ordinary Shares, representing approximately 0.0% of the Company's issued share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                     1. Susannah Nicklin 
---  -----------------------  --------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status          1. Non-Executive Director 
---  -----------------------  --------------------------------------- 
 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 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              Ordinary Shares of GBP0.01 each 
       of the financial 
       instrument,              ISIN: GB00B104RS51 
       type of instrument 
       Identification 
       code 
---  -----------------------  --------------------------------------- 
 b)   Nature of the            Purchase of shares 
       transaction 
---  -----------------------  --------------------------------------- 
 c)   Price(s) and               Price          No. of shares 
       volume(s)                 -------------  -------------- 
                                  1. GBP4.095    1. 1,332 
                                 -------------  -------------- 
---  -----------------------  --------------------------------------- 
 d)   Aggregated 
       information               N/A 
       - Aggregated 
       volume 
       - Price 
---  -----------------------  --------------------------------------- 
 e)   Date of the              23 October 2017 
       transaction 
---  -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange 
       transaction 
---  -----------------------  --------------------------------------- 
 

For further information, please visit www.citlon.co.uk or contact:

Barry Olliff, CEO

City of London Investment Group PLC

Tel: [phone]

Martin Green

Zeus Capital Limited

Financial Adviser & Broker

Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 24, 2017 06:55 ET (10:55 GMT)