Business
Commencement of Trading on th
Commencement of Trading on th.
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n RNS Number : 2169V City of London Investment Group PLC 29 October 2010 \n \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, JAPAN, CANADA, AUSTRALIA OR THE REPUBLIC OF IRELAND\n \n \nCITY OF LONDON INVESTMENT GROUP PLC\n \nCOMMENCEMENT OF TRADING ON THE OFFICIAL LIST\n \nCity of London Investment Group PLC (\"the Company\"), is pleased to announce that admission to the Official List of the UK Listing Authority and the London Stock Exchange's main market for listed securities of 26,263,853 ordinary shares of 1 pence (\"Ordinary Shares\") has occurred (\"Admission\") and that trading in its Ordinary Shares became effective from 8.00 am today. The Company's ticker will remain 'CLIG'. \n \nBarry Olliff, Chief Executive Officer, said, \"Our admission to the main list of the London Stock Exchange after four years on AIM seems like a coming of age. During the last four years, I believe that we have demonstrated to shareholders that our team-based culture and risk-averse business model can generate both superior investment performance and meaningful dividends. We are looking forward to the next phase of our growth.\"\n \nCopies of the prospectus dated 26 October 2010, published in connection with Admission are available from the Company's website at http://www.citlon.com/other_info.php, from the offices of K&L Gates LLP, 110 Cannon Street, London EC4N 6AR and it is also available for inspection at the UKLA's National Storage Mechanism, which can be found at www.hemscott.com.\n \nFor further information please contact:\n \n\n\n\n\nDoug Allison (Finance Director)\n\n\nSimon Hudson / Andrew Dunn\n\n\n\n\nCity of London Investment Group PLC\n\n\nTavistock Communications\n\n\n\n\nTel: +44 (0) 20 7860 8347\n\n\nTel: +44 (0)20 7920 3150\n\n\n\n\n\n\n\n\n\n\n\n\nJeff Keating \n\n\nSimon Bridges\n\n\n\n\nSinger Capital Markets Ltd\n\n\nCannacord Genuity Limited\n\n\n\n\nNominated Adviser & Joint Broker\n\n\nJoint Broker\n\n\n\n\nTel: +44 (0)20 3205 7500\n\n\nTel: +44 (0)20 7050 6500\n\n\n\n\n \nCity of London Investment Group Plc (LSE: CLIG) is an established asset management group which has built its reputation, with an institutional client focus, by specialising in emerging market closed...