IN BRIEF: City of London IG CEO buys nearly PS120,000 in shares

City of London Investment Group PLC - London-based firm, whose products invest primarily in closed-end funds - Chief Executive Cooper Abbott buys 28,500 shares, at £4.10, worth £116,850, on Thursday in London. Notes that Abbott’s beneficial interest in the firm after the transaction is 28,500 ordinary shares, with this representing around 0.1% of its issued share capital.

Current stock price: 403.00 pence

12-month change: up 21%

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