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City of London Investment Group PLC announced that its Employee Benefit Trust purchased 25,000 ordinary shares of 1p each on 15 October 2024 at a price of £3.692 per share. Following these purchases, the Trust holds 1,831,841 ordinary shares, representing 3.6% of the Company's issued capital, of which 1,013,403 shares (2.0%) are held for employees under the Employee Incentive Plan.
| Date | 16 Oct 2024 |
| Time | 13:02:16 |
| Category | Holding(s) in company |
| ID | 4659I |
16 October 2024
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 25,000 ordinary shares of 1p each on 15 October 2024 at a price of £3.692 per share.
Following these purchases, the Trust holds 1,831,841 ordinary shares in the Company representing 3.6% of the Company's issued capital, of which 1,013,403 (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, James Hornigold
Zeus Capital Limited
Financial Adviser & Broker
Tel: +44 (0)20-3829-5000