Business
Director/PDMR Shareholding-Amendment
Director/PDMR Shareholding-Amendment.
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7238U\n City of London Investment Group PLC\n 07 April 2021\n \n \n \n \n The following amendment has been made to the \"Director/PDMR Shareholding\" announcement released on 6 April 2021 at 14:39 under RNS No 5489U. \n \n \n Mr. Griffith's beneficial interest was incorrectly stated as being 413,735 Ordinary Shares, representing approximately 0.8% of the Company's issued share capital. This figure does not include Restricted Share Awards made under the Company's Employee Incentive Plan. His total beneficial interest has been amended to 497,877 Ordinary Shares, representing approximately 1.0% of the Company's issued share capital. \n \n \n All other details remain unchanged.\n \n \n The full amended text is shown below:\n \n \n \n \n \n \n \n \n CITY OF LONDON INVESTMENT GROUP PLC\n \n \n (\"City of London\", \"CLIG\", \"the Group\" or \"the Company\")\n \n \n \n \n \n CORRECTION: Notification and public disclosure of transactions by persons discharging managerial responsibilities (\"PDMR\") and persons closely associated with them.\n \n \n \n \n \n City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products investing in closed-end funds, has been notified that our CEO Tom Griffith has exercised 5,000 share options at an exercise price of £4.03 per share.\n \n \n \n \n \n Following these purchases, Mr. Griffith's beneficial interest is 497,877 Ordinary Shares, representing approximately 1.0% of the Company's issued share capital.\n \n \n \n \n \n The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:\n \n \n \n \n \n \n \n \n \n 1\n \n \n \n \n Details of the person discharging managerial responsibilities / person closely associated\n \n \n \n \n \n \n a)\n \n \n \n \n Name\n \n \n \n \n Tom Griffith\n \n \n \n \n \n \n \n \n \n 2\n \n \n \n \n Reason for the notification\n \n \n \n \n \n \n a)\n \n \n \n \n Position/status\n \n \n \n \n Chief Executive Officer\n \n \n \n \n \n \n \n \n \n b)\n \n \n \n \n \n \n \n Initial notification /Amendment\n \n \n \n \n Initial notification\n \n \n \n \n \n \n 3\n \n \n \n \n \n \n \n Details of the issuer, emission allowance market participant, aucti...