Director/PDMR Shareholding
City of London Investment Group PLC announced that Cooper Abbott, the Chief Executive Officer and a person discharging managerial responsibilities, purchased 28,500 ordinary shares at £4.10 per share on March 12, 2026, increasing his beneficial interest to 28,500 shares, approximately 0.1% of the issued share capital. Additionally, Mr. Abbott was granted 184,076 ordinary shares under the Company's LTIP, which are subject to vesting conditions tied to performance metrics to be detailed in the upcoming Annual Report.
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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.
| 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 |
| a) | Name | City of London Investment Group plc |
| b) | LEI | 549300BV85TFYXK2Y635 |
| 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 |
| c) | Price(s) and volume(s) | Price No. of shares £4.10 28,500 |
| d) | Aggregated information - Aggregated volume - Price | n/a |
| e) | Date of the transaction | 12 March 2026 |
| f) | Place of the transaction | London Stock Exchange |
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