IN BRIEF: City of London Investment CEO sells 400,000 shares

City of London Investment Group PLC - London-based firm focused on close-ended funds - Chief Executive Tom Griffith sells 400,000 shares at £3.41, worth £1.4 million, on Wednesday. Griffith has a 0.3% stake in the company as of Wednesday.

Current share price: 349.00 pence, up 1.5%

12-month change: down 2.5%, for a market capitalisation of £175.0 million

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