13th Mar 2026 15:05
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 ("PDMR") and persons closely associated with them.
City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products, has been notified that Cooper Abbott, a person discharging managerial responsibilities ("PDMR"), has purchased 28,500 shares at a price of £4.10 per ordinary share of £0.01 in the Company ("Ordinary Shares").
Following this transaction, Mr. Abbott's beneficial interest is 28,500 Ordinary Shares, representing approximately 0.1% of the Company's issued share capital.
In addition, and as announced on 4 March 2026, Mr. Abbott has also been granted 184,076 Ordinary Shares under the Company's LTIP, which will vest on the third anniversary of grant subject to achieving certain performance conditions. Further details of these performance conditions will be disclosed in the Directors' Remuneration Report in the Group's next Annual Report.
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 | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
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 | Purchase of shares
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c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
n/a
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e) | Date of the transaction | 12 March 2026 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
For further information, please visit www.clig.co.uk or contact:
Rian Dartnell, Chairman
City of London Investment Group PLC
Tel: 001-610-380-2110
Martin Green, Louisa Waddell
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20-3829-5000
Related Shares:
City Lon Inv