RNS Number : 3280W
  City of London Investment Group PLC
  10 June 2008
   




    City of London Investment Group plc 
    ("the Company" or "City of London")

    10 June 2008

    Directors' Dealings and Total Voting Rights

    The Company was notified yesterday that on 9 June 2008 Barry Olliff, Tom Griffith and Carlos Yuste exercised options over ordinary
shares of 1p each in the Company ("Ordinary Shares") held by the City of London Employee Share Option Trust ("the ESOP"): 

                Number of Ordinary    Exercise price per   Resultant holding of  Resultant holding as
               Shares purchased as      Ordinary Share       Ordinary Shares     % of revised issued
               a result of exercise                                                 share capital
                    of options
 Barry Olliff         62,500                 45p                4,950,525               19.50
 Tom Griffith         33,350                 45p                  49,925                 0.20
 Carlos Yuste         33,350                 45p                  62,925                 0.25

    As a result of these transactions there remain 1,883,885 Ordinary Shares held in the ESOP representing 7.42% of the issued share
capital.

    In addition to the above transactions, the Company was notified yesterday that on 9 June 2008 Doug Allison exercised options over 30,000
new Ordinary Shares in the Company at a price of 26p per Ordinary Share. As a result of this transaction, Mr. Allison is now interested in
290,625 Ordinary Shares representing 1.14% of the issued share capital. 

    Application has been made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become
effective on 16 June 2008. The new Ordinary Shares will rank equally with the existing Ordinary Shares of the Company.

    Following Admission, the total number of Ordinary Shares of City of London in issue will be 25,390,500. There are no Ordinary Shares
held in treasury and therefore the total number of Ordinary Shares with voting rights in the Company will be 25,390,500.

    The above figure of 25,390,500 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and
Transparency Rules.

      

    Enquiries:

    City of London Investment Group plc 
    Doug Allison                           Tel: +44 (0) 207 860 8347 





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