CITY OF LONDON GROUP PLC
(the "Company")
Director/PDMR Shareholding
The Company announces that it has granted share awards to the following PDMRs under the Company's Long Term Incentive Plan ("LTIP"), under the Company's Share Option Plan ("CSOP") and under the Market Value Option Plan ("MVOP").
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
| Michael Goldstein | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| CEO / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Company's Share Option Plan ("CSOP")
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
37,500
Nil | ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Michael Goldstein | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| CEO / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Market Value Option Plan ("MVOP")
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
712,500
Nil | ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Benjamin Peters | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Director of Growth and Investor Relations, Recognise Financial Services Limited / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Company's Long Term Incentive Plan
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
187,500
Nil | ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| David Jenkins | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Financial Officer, Recognise Financial Services Limited / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Company's Long Term Incentive Plan
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of a share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
196,875
Nil | ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Mark Bampton | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Credit Officer, Recognise Financial Services Limited / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Company's Long Term Incentive Plan
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price |
126,563
Nil
| ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Craig Pocock | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief People Officer, Recognise Financial Services Limited / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Company's Long Term Incentive Plan
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
121,875
Nil | ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Patrick Ferguson | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Risk Officer, Recognise Financial Services Limited / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Company's Long Term Incentive Plan
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
150,000
Nil | ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Rudolf Heaf | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Director of Operations, Recognise Financial Services Limited / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Company's Long Term Incentive Plan
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
126,563
Nil | ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Monica Velasquez | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Technology Officer, Recognise Financial Services Limited / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Company's Long Term Incentive Plan
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
112,500
Nil | ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Anita Maclean | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Director of Strategy, Recognise Financial Services Limited / PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 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 financial instrument, type of instrument
Identification code
| Ordinary shares in the Company, granted through the Company's Long Term Incentive Plan
ISIN: GB00BD9GS058 | ||||
| b)
| Nature of the transaction
| Grant of share option award | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
112,500
Nil | ||||
| e)
| Date of the transaction
| 4 December 2020 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
For further information, please contact:
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
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