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City of London Investment Group PLC announced on 11 May 2023 that its Employee Benefit Trust purchased 12,095 ordinary shares of 1p each at £4.40 per share on 10 May 2023. Following this purchase, the Trust holds 1,903,500 ordinary shares, representing 3.8% of the Company's issued capital, of which 1,003,944 shares (2.0% of issued capital) are held for employees under the Employee Incentive Plan.
| Date | 11 May 2023 |
| Time | 12:05:02 |
| Category | Holding(s) in company |
| ID | 1380Z |
11 May 2023
CITY OF LONDON INVESTMENT GROUP PLC
("City of London", "the Company")
Holding(s) in Company
City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products investing primarily in closed-end funds, announces that the Company's Employee Benefit Trust purchased 12,095 ordinary shares of 1p each on 10 May 2023 at a price of £4.40 per share.
Following these purchases, the Trust holds 1,903,500 ordinary shares in the Company representing 3.8% of the Company's issued capital, of which 1,003,944 (2.0% of the Company's issued capital) is held in custody for employees under the terms of the Employee Incentive Plan (EIP).
For further information, please contact:
Tom Griffith, CEO
City of London Investment Group PLC
Tel: 001-610-380-0435
Martin Green
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20-3829-5000