For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221003:nRSC4512Ba&default-theme=true
RNS Number : 4512B Frenkel Topping Group PLC 03 October 2022
Frenkel Topping Group plc
("Frenkel Topping" or "the Company")
Director/PDMR Dealing
Frenkel Topping Group (AIM: FEN), a specialist professional and financial
services firm operating in the Personal Injury and Clinical Negligence
space, announces that Richard Fraser, Chief Executive Officer, has exercised
and subsequently sold options over 250,000 Ordinary Shares in the Company at
a price of 60 pence per ordinary share, in order to fund a property
transaction. The share options were held in the Company's Employee Benefit
Trust ("EBT") and the exercise price was 0.5p.
Following the sale of these shares Richard Fraser and persons closely
associated ("PCAs") to him holds 1,895,907 Ordinary Shares of the Company,
representing approximately 1.68 per cent. of the Company's issued share
capital and Richard Fraser retains 2,750,000 share options in the Company
pursuant to the exercise and sale.
The EBT held 5,564,683 Ordinary Shares prior to the option exercise and
following the transaction the EBT holds 5,314,683 Ordinary Shares.
For further information:
Frenkel Topping Group plc www.frenkeltoppinggroup.co.uk (http://www.frenkeltoppinggroup.co.uk/)
Richard Fraser, Chief Executive Officer Tel: 0161 886 8000
finnCap Ltd (Nominated Advisor & Broker) Tel: 020 7220 0500
Carl Holmes/Abigail Kelly/Milesh Hindocha (Corporate Finance)
Tim Redfern / Richard Chambers (ECM)
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Richard Fraser
2. Reason for the Notification
a) Position/status Chief Executive Officer
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Frenkel Topping Group plc
b) LEI 213800I5L3K7AT7A4R20
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the Financial instrument, type of instrument Ordinary Shares
Identification code GB00B01YXQ71
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Volume(s) Prices (pence)
250,000 60 pence
d) Aggregated information:
·Aggregated volume
·Price
e) Date of the transaction 30 September 2022
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
d)
Aggregated information:
·Aggregated volume
·Price
e)
Date of the transaction
30 September 2022
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHQLLFBLBLEFBX