18 October 2019
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.
Details of the person discharging managerial responsibilities / person closely associated
1. Stable View III LP
Reason for the notification
1. LP under the control of Barry Olliff
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
City of London Investment Group plc
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
Description of the financial instrument, type of instrument
Ordinary Shares of £0.01 each
Nature of the transaction
Transfer of shares
Price(s) and volume(s)
- Aggregated volume
Date of the transaction
17 October 2019
Place of the transaction
Outside a trading venue
For estate planning purposes, Barry Olliff has established a Partnership, Stable View III into which he has transferred 2 million of his shares.
He maintains voting control over these shares.
As stated previously, Barry's intention remains to sell 500,000 shares at each of 450p, 475p, and 500p subject to close periods, etc.
For further information, please visit www.citlon.co.uk or contact:
Tom Griffith, CEO
City of London Investment Group PLC
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20-3829-5000
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