HENDERSON INVESTMENT FUNDS LIMITED

THE CITY OF LONDON INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800F3NOTF47H6AO55

23 September 2020

THE CITY OF LONDON INVESTMENT TRUST PLC

Market purchase by the Company of its own shares

Notification is given that, pursuant to the authority granted at the Annual General Meeting of the Company held on 24 October 2019 to make market purchases of the Company's own shares of 25p, a market purchase of 185,000 ordinary shares in the capital of the Company was made today at a price of 315.0811p per share. The shares will be held in Treasury.

Following the above purchase, the Company's issued ordinary share capital will continue to be 416,404,868 ordinary shares of 25p each, of which 925,000 are held in Treasury and have no voting rights. The number of ordinary shares to be used in the calculation of voting rights is now 415,479,868.

The number of voting rights in the Company is now:

a)         27,698,657 in respect of the ordinary shares (one vote for every 15 shares held);

b)         30,198 in respect of the First Preference Stock (one vote for every £10 of stock held); and

c)         29,484 in respect of the Preferred Ordinary Stock (one vote for every £20 of stock held).

Therefore, the total number of voting rights in the Company is 27,758,339.

The above figure (27,758,339) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, The City of London Investment Trust plc under the FCA's Disclosure Guidance and Transparency Rules. 

For further information, please contact:

Job Curtis

Fund Manager

The City of London Investment Trust plc

Telephone: 020 7818 4367

James de Sausmarez

Director and Head of Investment Trusts

Janus Henderson Investors

Telephone: 020 7818 3349

Laura Thomas

Investment Trust PR Manager

Janus Henderson Investors

Tel: 020 7818 2636