City of London Group PLC Director/PDMR Shareholding (4714Y)
September 09 2020 - 3:13AM
UK Regulatory
TIDMCIN
RNS Number : 4714Y
City of London Group PLC
09 September 2020
CITY OF LONDON GROUP PLC
("COLG" or the "Company")
Director/PDMR Shareholding
As announced by the Company on 4th September 2020, the minority
equity interest in its subsidiary Recognise Financial Services
Limited ("Recognise"), held by the Recognise management team, has
been converted into ordinary shares in the Company. This was
triggered by the receipt of the Total Capital Requirement Letter
announced on 23 July 2020 as per the agreement entered into on 31
January 2018.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jason Oakley
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status CEO, Recognise
--------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name City Of London Group Plc
--------------------------- --------------------------------------
b) LEI 2138003UW63TMQ5ZFD85
--------------------------- --------------------------------------
4 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
-------------------------------------------------------------------
a) Description of the Ordinary shares in the Company
financial instrument,
type of instrument
ISIN: GB00BD9GS058
Identification code
--------------------------- --------------------------------------
b) Nature of the transaction Receipt of 2,800,000 ordinary shares
in the Company.
--------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 2,800,000
----------
--------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume 2,800,000 ordinary shares in the
Company
- Price
N/A
--------------------------- --------------------------------------
e) Date of the transaction 4 September 2020
--------------------------- --------------------------------------
f) Place of the transaction AIM
--------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Bryce Glover
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Deputy CEO, Recognise
--------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name City Of London Group Plc
--------------------------- --------------------------------------
b) LEI 2138003UW63TMQ5ZFD85
--------------------------- --------------------------------------
4 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
-------------------------------------------------------------------
a) Description of the Ordinary shares in the Company
financial instrument,
type of instrument
ISIN: GB00BD9GS058
Identification code
--------------------------- --------------------------------------
b) Nature of the transaction Receipt of 1,000,000 ordinary shares
in the Company.
--------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 1,000,000
----------
--------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume 1,000,000 ordinary shares in the
Company
- Price
N/A
--------------------------- --------------------------------------
e) Date of the transaction 4 September 2020
--------------------------- --------------------------------------
f) Place of the transaction AIM
--------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Adrian Golumbina
--------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Treasurer, Recognise
--------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name City Of London Group Plc
--------------------------- --------------------------------------
b) LEI 2138003UW63TMQ5ZFD85
--------------------------- --------------------------------------
4 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
-------------------------------------------------------------------
a) Description of the Ordinary shares in the Company
financial instrument,
type of instrument
ISIN: GB00BD9GS058
Identification code
--------------------------- --------------------------------------
b) Nature of the transaction Receipt of 1,000,000 ordinary shares
in the Company.
--------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 1,800,000
----------
--------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume 1,000,000 ordinary shares in the
Company
- Price
N/A
--------------------------- --------------------------------------
e) Date of the transaction 4 September 2020
--------------------------- --------------------------------------
f) Place of the transaction AIM
--------------------------- --------------------------------------
For further information:
City of London Group plc
Michael Goldstein (Chief Executive Officer)
+44 (0)20 3988 6501
Ben Peters (Director of Investor Relations)
+44 (0)20 3988 6500
Peel Hunt LLP (Nominated Adviser and Joint Broker)
James Britton
Rishi Shah
+44 (0)20 7418 8900
finnCap Ltd (Joint Broker)
Jonny Franklin-Adams / Anthony Adams / Kate Washington
(Corporate Finance)
Andrew Burdis / Richard Chambers (ECM)
+44 (0)20 7220 0500
For media enquiries, please contact:
David Masters, Lansons colg@lansons.com
+44 (0)7825 427514
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHGIGDCBBGDGGC
(END) Dow Jones Newswires
September 09, 2020 04:13 ET (08:13 GMT)
City Of London (LSE:CIN)
Historical Stock Chart
From Apr 2024 to May 2024
City Of London (LSE:CIN)
Historical Stock Chart
From May 2023 to May 2024