Business
Grant of LTIP Award
City of London Investment Group PLC announced that on March 3, 2026, its Chief Executive Officer, Cooper Abbott, was granted an award under the Long Term Incentive Plan for 184,076 ordinary shares. This award vests on the third anniversary of its grant and is contingent upon continued service and performance conditions related to underlying EPS growth, cumulative net flows, and strategic performance over a three-year period ending December 31, 2028. A two-year post-holding period applies to vested shares on a net-of-tax basis. Disclaimer*
About this update from City Of London Investment Group Plc
[{"type":"text","content":"\n\nRNS Number:\nCity of London Investment Group PLC\n4 March 2026\n \n \nCITY OF LONDON INVESTMENT GROUP PLC\n(\"City of London\", \"CLIG\", \"the Group\" or \"the Company\")\n \nNotification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.\n \nGrant of LTIP Award\n \nCity of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products announces that on 3 March 2026, the following Award over ordinary shares of £0.01 each in the Company (\"Ordinary Shares\") was granted under the City of London Investment Group PLC Long Term Incentive Plan (LTIP) to the following person discharging managerial responsibilities:\n \n\n\n\n\nPDMR\n\n\nPosition\n\n\nNumber of Ordinary Shares over which the Award was granted\n\n\n\n\nCooper Abbott\n\n\nChief Executive Officer\n\n\n184,076\n\n\n\n\n \nThe Award has a normal vesting date of the third anniversary of its grant and is subject to continued service (save for good leaver treatment) and performance conditions.\n \nThe performance conditions metrics and associated sliding-scale targets relate to underlying EPS growth, cumulative net flows and strategic performance in respect of a measurement period of three years ending on 31 December 2028.\n \nFurther details of the performance conditions will be disclosed in the Directors' Remuneration Report in the Group's next Annual Report.\n \nThe Award is subject to a two-year post-holding period in respect of vested shares on a net-of-tax basis.\n \nThe notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail:\n \n\n\n\n\n1\n\n\nDetails of the person discharging managerial responsibilities / person closely associated\n\n\n\n\na)\n\n\nName\n\n\nCooper Abbott\n \n\n\n\n\n2\n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status\n\n\nChief Executive Officer\n \n\n\n\n\nb)\n \n\n\nInitial notification /Amendment\n\n\nInitial notification\n\n\n\n\n3\n \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nCity of London Investment Group PLC\n\n\n\n\nb)\n\n\nLEI\n\n...