Company Announcements

Holding(s) in Company

Source: RNS
RNS Number : 6591V
City of London Investment Group PLC
09 April 2019
 

 

9 April 2019

 

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 products investing in closed-end funds,  announces that on 9 April 2019 the Company's Employee Benefit Trust purchased 90,000 ordinary shares of 1p each at a price of 400 pence per share.  Following this purchase the Trust holds 1,558,283 ordinary shares in the Company representing 5.8% of the Company's issued capital, of which 624,200 (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

Zeus Capital Limited

Financial Adviser & Broker

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

 


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