City of London Investment Group PLC Director/PDMR Shareholding (1110Q)

TIDMCLIG

RNS Number : 1110Q

City of London Investment Group PLC

24 November 2016

24th November 2016

CITY OF LONDON INVESTMENT GROUP PLC

("CLIG")

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

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                1. Tracy Rodrigues 
                           2. Tracy Rodrigues 
---  ------------------  -------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status     1. Finance Director 
                           2. Finance Director 
---  ------------------  -------------------------------------- 
 b)   Initial             1. Initial notification 
       notification        2. 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           1. Exercise of options 
       the transaction     2. Sale of shares 
---  ------------------  -------------------------------------- 
 c)   Price(s)            1. 
       and volume(s)        Price        No. of 
                                          shares 
                           -----------  -------- 
                             GBP2.30      4,000 
                              GBP2.61      4,000 
                              GBP2.73      4,000 
                              GBP3.14      3,000 
                           -----------  -------- 
 
 
                           2. 
                            Price      No. of 
                                        shares 
                           ---------  -------- 
                            GBP3.50    10,031 
                           ---------  -------- 
---  ------------------  -------------------------------------- 
 d)   Aggregated 
       information          1. Total options exercised = 15,000 
       - Aggregated         Weighted exercise price = GBP2.67 
       volume 
       - Price              2. Total shares sold = 10,031 
                            Weighted sale price = GBP3.50 
---  ------------------  -------------------------------------- 
 e)   Date of             1. 23 November 2016 
       the transaction 
                           2. 23 November 2016 
---  ------------------  -------------------------------------- 
 f)   Place of            1. London Stock Exchange 
       the transaction     2. London Stock Exchange 
---  ------------------  --------------------------------------

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

Barry Olliff, CEO

City of London Investment Group PLC

Tel: 001 215 313 3774

Martin Green

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20 3829 5000

This information is provided by RNS

The company news service from the London Stock Exchange

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