Director/PDMR Shareholding
City of London Investment Group PLC announced that Cooper Abbott, a person discharging managerial responsibilities and the Chief Executive Officer, purchased 11,508 ordinary shares for an aggregate price of £3.819 per share. Following this transaction, Mr. Abbott beneficially owns 40,008 ordinary shares, representing approximately 0.1% of the company's issued share capital. Additionally, Mr. Abbott was granted 184,076 ordinary shares under the Company's LTIP, which are subject to vesting conditions on the third anniversary of the grant.
Select text to share a quote on X · sign in to keep highlights & notes in your CLIG notes
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 11,508 shares at an aggregate price of £3.819 per ordinary share of £0.01 in the Company ("Ordinary Shares").
Following this transaction, Mr. Abbott's beneficial interest is 40,008 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 1. £3.79 5,000 2. £3.841 6,508 |
| d) | Aggregated information - Aggregated volume - Price | 11,508 £3.819 |
| e) | Date of the transaction | 1. 23 March 2026 2. 24 March 2026 |
| f) | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.