City Of London Group PLC Director/PDMR Shareholding (5598W)
August 02 2018 - 2:02AM
UK Regulatory
TIDMCIN
RNS Number : 5598W
City Of London Group PLC
02 August 2018
CITY OF LONDON GROUP PLC
("COLG" or the "Company")
Director/PDMR Shareholding
The Company announces that it has granted share options to
employees and PDMRs under the Company's share option scheme.
The vesting of the awards is subject to the Company meeting
specified performance targets. The options have an exercise price
of GBP1.45.
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 Mark Brampton
-------------------------- ----------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status Managing Director, Property and Funding
Solutions Limited (PFS)
-------------------------- ----------------------------------------
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 Share options over ordinary shares
financial instrument, in the Company
type of instrument
Identification code ISIN: GB00BD9GS058
-------------------------- ----------------------------------------
b) Nature of the transaction Grant of share options in respect
of 172,414 ordinary shares in the
Company
-------------------------- ----------------------------------------
c) Price(s) and volume(s) Option Exercise Volume(s)
Price(s)
GBP1.45 172,414
----------
-------------------------- ----------------------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
-------------------------- ----------------------------------------
e) Date of the transaction 31st July 2018
-------------------------- ----------------------------------------
f) Place of the transaction AIM
-------------------------- ----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Richard Lumley
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Risk Officer, Echo Financial
Service Limited (Echo)
---------------------------- -------------------------------------
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 Share options over ordinary shares
financial instrument, in the Company
type of instrument
Identification code ISIN: GB00BD9GS058
---------------------------- -------------------------------------
b) Nature of the transaction Grant of share options in respect
of 179,310 ordinary shares in the
Company
---------------------------- -------------------------------------
c) Price(s) and volume(s) Option Exercise Volume(s)
Price(s)
GBP1.45 179,310
----------
---------------------------- -------------------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 31st July 2018
---------------------------- -------------------------------------
f) Place of the transaction AIM
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Martin Parsons
-------------------------- -------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Managing Director, Credit Asset Management
Limited (CAML)
-------------------------- -------------------------------------------
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 Share options over ordinary shares
financial instrument, in the Company
type of instrument
Identification code ISIN: GB00BD9GS058
-------------------------- -------------------------------------------
b) Nature of the transaction Grant of share options in respect
of 103,448 ordinary shares in the
Company
-------------------------- -------------------------------------------
c) Price(s) and volume(s) Option Exercise Volume(s)
Price(s)
GBP1.45 103,448
----------
-------------------------- -------------------------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
-------------------------- -------------------------------------------
e) Date of the transaction 31st July 2018
-------------------------- -------------------------------------------
f) Place of the transaction AIM
-------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Michael Goldstein
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Executive Officer, City of
London Group plc (COLG)
---------------------------- -------------------------------------
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 Share options over ordinary shares
financial instrument, in the Company
type of instrument
Identification code ISIN: GB00BD9GS058
---------------------------- -------------------------------------
b) Nature of the transaction Grant of share options in respect
of 344,828 ordinary shares in the
Company
---------------------------- -------------------------------------
c) Price(s) and volume(s) Option Exercise Volume(s)
Price(s)
GBP1.45 344,828
----------
---------------------------- -------------------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 31st July 2018
---------------------------- -------------------------------------
f) Place of the transaction AIM
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Paul Milner
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Director, City of London Group plc
(COLG)
---------------------------- -------------------------------------
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 Share options over ordinary shares
financial instrument, in the Company
type of instrument
Identification code ISIN: GB00BD9GS058
---------------------------- -------------------------------------
b) Nature of the transaction Grant of share options in respect
of 137,931 ordinary shares in the
Company
---------------------------- -------------------------------------
c) Price(s) and volume(s) Option Exercise Volume(s)
Price(s)
GBP1.45 137,931
----------
---------------------------- -------------------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 31st July 2018
---------------------------- -------------------------------------
f) Place of the transaction AIM
---------------------------- -------------------------------------
Enquiries
City of London Group plc
Michael Goldstein +44 (0)203 005 9304
Peel Hunt LLP (nominated
adviser and broker)
James Britton, Rishi Shah +44 (0)207 418 8900
--------------------
The PR Office (PR adviser)
Marc Cohen, Jonny Garfield +44 (0)207 284 6969
--------------------
LEI Number: 2138003UW63TMQ5ZFD85
Notes to Editors
City of London Group is a forward-thinking organisation focused
on serving the UK SME market. While grounded with traditional
values, through the strength and depth of expertise in its
expanding team, it is now primed for future growth through its
three-pronged strategy.
The Group's expertise covers equity release, finance for the SME
sector, and secured lending. The Group has experience with
commercial banking and mortgages, and access to funding
arrangements such as commercial, SME, bridging and development
finance, home reversion plans, and asset and loan finance.
COLG ensures its services are always delivered with a personal
touch, so clients know that they are more than a customer and have
a partner that will work with them as they look towards the
future.
www.cityoflondongroup.com
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END
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