City of London Investment Group PLC PDMR Dealing
29 Ottobre 2024 - 6:27PM
RNS Regulatory News
RNS Number : 1177K
City of London Investment Group PLC
29 October 2024
29 October 2024
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.
Carlos Yuste, a person discharging
managerial responsibilities ("PDMR") of City of London Investment
Group PLC (LSE: CLIG), has been awarded 19,654 Restricted Share
Awards (the "Award") comprising 19,654 ordinary shares of £0.01
each in the Company ("Ordinary Shares") from the Employee Benefit
Trust (the "EBT") under the Group's Employee Incentive Plan (the
"EIP"). Of these, 9,827 Ordinary Shares relate to an employee
waived bonus ("Deferred Shares"), with the remaining 9,827 Ordinary
Shares representing matching awards made by the Company ("Bonus
Shares") under the terms of the Plan. The cost to Mr. Yuste was
£3.735 per Deferred Share and nil cost per Bonus Share. The
Deferred Shares and Bonus Shares awarded under the EIP carry
certain restrictions which will lift on vesting of the Award.
For further details of the EIP scheme please refer to CLIG's latest
annual report and accounts at https://clig.com/investor-reports/#results-centre-on.
Following the grant of the Award,
Mr. Yuste's beneficial interest is 306,206 Ordinary Shares,
representing approximately 0.6% of the Company's issued share
capital.
The notification below, made in
accordance with the requirements of the EU Market Abuse Regulation,
provides further detail:
|
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Carlos Yuste
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Head of Business Development
|
|
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 an award under the Group's Employee
Incentive Plan (EIP).
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
No.
of shares
|
|
£3.735
Nil
cost
|
9,827
9,827
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
19,654 Ordinary Shares
Average price: £1.8675
|
|
e)
|
Date of the transaction
|
28
October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
For further information, please
visit www.citlon.co.uk or contact:
Tom Griffith, CEO
City of London Investment Group
PLC
Tel: 001-610-380-0435
Martin Green, James Hornigold
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20 3829 5000
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END
DSHUKUBRSNURUAA
Grafico Azioni City Of London Investment (LSE:CLIG)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni City Of London Investment (LSE:CLIG)
Storico
Da Dic 2023 a Dic 2024
