4th Mar 2026 12:48
RNS Number:
City of London Investment Group PLC
4 March 2026
CITY OF LONDON INVESTMENT GROUP PLC
("City of London", "CLIG", "the Group" or "the Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Grant of LTIP Award
City 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:
PDMR | Position | Number of Ordinary Shares over which the Award was granted |
Cooper Abbott | Chief Executive Officer | 184,076 |
The 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.
The 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.
Further details of the performance conditions will be disclosed in the Directors' Remuneration Report in the Group's next Annual Report.
The Award is subject to a two-year post-holding period in respect of vested shares on a net-of-tax basis.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail:
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Cooper Abbott
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2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer
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b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | City of London Investment Group PLC | ||||
b) | LEI | 549300BV85TFYXK2Y635 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary Shares of £0.01 each
ISIN: GB00B104RS51 | ||||
b) | Nature of the transaction | Grant of Award under City of London Investment Group PLC Long Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
Not applicable single transaction Nil
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e) | Date of the transaction | 3 March 2026 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||
- Ends -
For further information, please visit https://www.clig.com/ or contact:
Rian Dartnell, Chairman
City of London Investment Group PLC
Tel: 001-203-561-0450
Martin Green, Louisa Waddell
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20 3829 5000
Related Shares:
City Lon Inv