City of London Investment (GB:CLIG) has released an update.
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City of London Investment Group PLC has announced that Daniel Lippincott, a key managerial figure, received 20,542 Restricted Share Awards as part of the company’s Employee Incentive Plan. This award increases Lippincott’s stake to 311,727 shares, representing about 0.6% of the total issued share capital. The shares were awarded at a cost of £3.735 per Deferred Share, with no cost for Bonus Shares.
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