CLIG.L

City of London Investment Group Plc
City of Lon Inv Grp - Holding(s) in Company
20th March 2024, 17:59
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RNS Number : 6844H
City of London Investment Group PLC
20 March 2024
 

20 March 2024

CITY OF LONDON INVESTMENT GROUP PLC

("City of London", "the Company")

 

Holding(s) in Company

 

City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products investing primarily in closed-end funds, announces that the Company's Employee Benefit Trust purchased 25,000 ordinary shares of 1p each on 19 March 2024 at a price of £3.20 per share.   

 

Following these purchases, the Trust holds 1,804,637 ordinary shares in the Company representing 3.6% of the Company's issued capital, of which 1,146,306 (2.3% of the Company's issued capital) is held in custody for employees under the terms of the Employee Incentive Plan (EIP).

 

For further information, please contact:

 

Tom Griffith, CEO

City of London Investment Group PLC

Tel: 001-610-380-0435

 

Martin Green, James Hornigold

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20-3829-5000

 

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