TIDMCLIG

RNS Number : 6791L

City of London Investment Group PLC

16 May 2022

16 May 2022

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 73,734 ordinary shares of 1p each on 13 May 2022 at a price of GBP4.25 per share.

Following these purchases, the Trust holds 1,708,763 ordinary shares in the Company representing 3.4% of the Company's issued capital, of which 685,520 (1.4% 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

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20-3829-5000

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END

HOLAFMFTMTTBBAT

(END) Dow Jones Newswires

May 16, 2022 12:27 ET (16:27 GMT)

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