www.citlon.co.uk/

int ex 9/2. fin ex 27/11
City of London Investment Management Company Limited operates from four centers, London, Philadelphia (established 1995), Singapore (established 2000) and Dubai (established 2007), managing assets primarily for institutional investors.

In 2002 and 2003 the investment team started to delve deeper into the stages of country development from "developing" to "developed", especially China and India, and the implications thereof, namely, the rise in the consumption of natural resources.

In 2004, using our in-house equities team, we launched the Natural Resources strategy in order to capitalise on the growing demand for natural resources via a stock selection process.

In 2005, we extended our emerging markets expertise into the frontier markets by launching the Frontier Emerging Markets strategy.

In 2009, we applied our unrivaled knowledge of closed-end funds around the world to the development of a Global Closed-End Fund strategy, using the same investment process as in our Emerging Markets Closed-End Fund strategy.

In 2010, our equity team launched the Emerging Market Equity strategy which aims to achieve long term capital growth from investing in companies which derive the majority of their profits from the emerging economies. The strategy provides diversified global emerging markets exposure, although sector and country allocation will be actively managed and stock selection will reflect a strong thematic overlay.

D M. Cardale – Non-Executive Chairman
Barry. M. Olliff – Chief Executive Officer, Chief Investment Officer
Carlos. M. Yuste – Business Development Director
Tom. W. Griffith – Chief Operating Officer


In 2011, our equity team launched the Emerging Market Equity strategy which aims to achieve long term capital growth from investing in small capitalisation companies which derive the majority of their profits from the emerging economies. The strategy provides diversified global emerging markets exposure, although sector and country allocation will be actively managed and stock selection will reflect a strong thematic overlay.

today they've widen the spread but not lowered the offer..... still at 290p.,.

Good to see a couple of Directors buying http://www.moneyam.com/action/news/showArticle?id=4532976

sp holding tight, refusing to move down. Would have liked a little dip to buy my 50% back.,.

5 February 2013
CITY OF LONDON INVESTMENT GROUP PLC
The Company would like to advise that, on 4 February 2013 Barry Olliff, Chief Investment Officer, bought 25,000 ordinary shares of 1p each ("Ordinary Shares") at a price of £2.80 per Ordinary Share. On 5 February 2013 Mr Olliff also exercised options over a total of 20,000 Ordinary Shares: 12,000 at an exercise price of £2.75 per Ordinary Share and 8,000 at an exercise price of £2.30 per Ordinary Share.

In addition, on 5 February 2013, Business Development Director, Carlos Yuste, exercised options over 12,500 Ordinary Shares at an exercise price of £1.40 per Ordinary Share.

I know what you mean BB, but sometimes it never does.. not only talking about these either -):

Baylis, Already posted in p57.

nice

don't know which way it's about to go....


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What surprises me is how on small volumes the spread is generally small. Funny company.

But a lot of the "Asset Management" companies' shares seem undervalued.

"don't know which way it's about to go...." Apart from the Directors and their closest.. Neither does anyone else BB -): A senior Director buying at 280p the other day are hopefully a sign that things will keep on the up.

Agreed stan, fingers crossed. you in this one?

Yes, But can't remember at what price, I'll have gander and edit.

Ed: 336p

Do you mean 2.36 as it's at 2.92 now....... thats my entry point too.,.

No BB, 336p I'm afraid. I went in for a divi play and the getting out bit didn't work! or as I optimistically say.. hasn't worked "yet" -):

Edit Wrong thread. Sorry if anyone started getting excited. News relates to LCG thread

There was a movement to-day.

8-)

up the bromine somebody.,.

City of London Investment Group
Buy 13-Feb-13 £73,750.00 Barry M Olliff 25,000 @ 295.00p

when is the next divi due?

Not declared.
There is supposed to be an Interim announcement 27/2/13

Forecast EPS rate of growth reasonable, if it lives up to them.