The City of London Trust has confirmed market abuse by Investing.com

LONDON – City of London Investment Trust Plc (LSE: CTY) has announced compliance with the Market Abuse Regulation (MAR) by ensuring that directors and the company have all information they may have before the start of the half-year notice. Results ending December 31, 2024, were previously disclosed through the Regulatory Information Service (RIS). The declaration ensures that the company is not restricted from dealing in its own securities.

Compliance with the company’s MAR is a standard procedure to prevent market manipulation and ensure transparency of financial operations. It is a legal requirement for companies listed on stock exchanges in the European Union that all unpublished information that could affect share prices be disclosed to the public in order to maintain market integrity.

In today’s statement, the company is committed to informing RIS of any inside information in the period prior to the announcement of half-year results prior to any transaction. This move is part of a broader effort to maintain a fair and efficient market and protect investors by providing them with timely and accurate information.

This notice comes as part of the standard disclosures that listed companies are required to make under financial regulations. It assures investors and the market that the company is operating within the legal framework designed to prevent market abuse.

City of London Investment Trust Plc., managed by Janus Henderson Fund Management UK Ltd. It is a well-established investment trust with a long history of managing shareholder investments. The trust aims to provide long-term income and capital growth, primarily through investment in UK equities.

The information is based on a press release and is intended to inform stakeholders and the public about the company’s regulatory compliance status. It is common for investment trusts and other publicly traded companies to issue such statements to demonstrate their commitment to regulatory compliance and transparency of their actions.

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