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Director/PDMR Shareholding

RNS Number : 7389Q
City of London Investment Group PLC
19 June 2015
 

19 June 2015

 

CITY OF LONDON INVESTMENT GROUP PLC

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

 

Notification of Transactions of Director/Persons Discharging Managerial Responsibilities

 

 

City of London would like to advise that the following Directors of the Company have today received an allocation of share options as set out in the table below:

 

Director     

New options allocated

Exercise price

Amount paid for grant

T W Griffith

23,500

£3.52

Nil

C M Yuste

23,500

£3.52

Nil

 

These options are over City of London Investment Group PLC ordinary 1p shares held in the Employee Benefit Trust (EBT) and are exercisable from 19 June 2018 to 18 June 2025.

 

These awards are part of a Group wide grant of approximately 400,000 options, which represents 85% of the unallocated shares in the EBT.

 

These transactions took place in London.

 

The total share option holding for these Directors following this notification is shown below:

 

 Director     

Total options held

 T W Griffith

114,000

 C M Yuste

101,500

 

This announcement is made in accordance with the requirements of DTR 3.1.4.

 

 

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

 

Tracy Rodrigues, Financial Controller

Martin Green

City of London Investment Group PLC

Canaccord Genuity Limited

Tel: +44 (0)20 7711 0771

Broker and Financial Adviser


Tel: +44 (0)20 7523 8000

 

 

 


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