City of London Investment Group chairman buys 5,000 shares in the company
Chairman Rian Dartnell bought 5,000 shares at an average of £4.40368 on the London Stock Exchange on 22 and 23 October 2026.
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what happened
According to a filing listed under Director/PDMR Shareholding, Rian Dartnell, chairman of City of London Investment Group PLC, bought 5,000 ordinary shares with a nominal value of £0.01 each. The trades took place on the London Stock Exchange: 120 shares on 22 October 2026 at £4.35 and 4,880 shares on 23 October 2026 at £4.405. The volume-weighted average price was £4.40368 per share.
After the purchase, Dartnell's beneficial holding stands at 73,000 shares, roughly 0.1% of the company's issued share capital. The notification was made under the UK Market Abuse Regulation.
why it matters
A purchase by an insider, especially the board chairman, is usually read as a sign of confidence in the company's prospects. The deal is small and has little effect on the company's market value, so the reaction in the wider market is likely to be limited.
tags
instruments
sources
- REG - City of Lon Inv Grp — Director/PDMR Shareholding, 23 October 2026 at 16:51 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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