REG - Frenkel Topping Grp - Director/PDMR Shareholding

Frenkel ToppingAnnouncement

20/06/2023 07:00

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RNS Number : 2175D  Frenkel Topping Group PLC  20 June 2023

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 (PI) Clinical Negligence (CN)
space, announces that on 19 June 2023, Richard Fraser, Chief Executive
Officer, exercised and sold options over 185,000 ordinary shares of 0.5p each
in the Company ("Ordinary Shares"), at a price of 70.5 pence.

The sale of the shares was undertaken to raise capital to fund the purchase of
an overseas family property. Richard Fraser retains a meaningful holding in
Frenkel Topping and is committed to the business and its future growth
strategy.

Following the exercise of the options and the sale of these shares Mr. Fraser
and persons closely associated ("PCAs") to him will be interested in 1,895,907
Ordinary Shares of the Company, representing approximately 1.49 per cent. of
the Company's issued share capital and Richard Fraser retains 2,565,000 share
options in the Company pursuant to the exercise and sale.

The share options were held in the Company's Employee Benefit Trust ("EBT")
and the exercise price was 0.5p. The EBT held 5,314,683 Ordinary Shares prior
to the option exercise and following the transaction the EBT holds 5,129,683
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                                                    Tel: 020 7220 0500
 Carl Holmes/Abigail Kelly/Milesh Hindocha (Corporate Finance)

 Tim Redfern / Charlotte Sutcliffe (ECM)

 

About Frenkel Topping Group

The Frenkel Topping Group of companies specialises in providing financial
advice and asset protection services to clients at times of financial
vulnerability, with particular expertise in the field of personal injury (PI)
and clinical negligence (CN).

For more than 30 years the Group has worked with legal professionals and
injured clients themselves to provide pre-settlement, at-settlement and
post-settlement services to help achieve the best long-term outcomes for
clients after injury. It boasts a client retention rate of 99%.

Frenkel Topping Group is focused on consolidating the fragmented PI and CN
space in order to provide the most comprehensive suite of services to clients
and deliver a best-in-class service offering from immediately after injury or
illness and for the rest of their lives.

The group's services include the Major Trauma Signposting Partnership service
inside NHS Major Trauma Centres, expert witness, costs, tax and forensic
accountancy, independent financial advice, investment management, and care and
case management.

The Group's discretionary fund manager, Ascencia, manages financial
portfolios for clients in unique circumstances, often who have received a
financial settlement after litigation. In recent years Ascencia has
diversified its portfolios to include a Sharia-law-compliant portfolio and a
number of ESG portfolios in response to increased interest in socially
responsible investing (SRI).

Frenkel Topping has earned a reputation for commercial astuteness underpinned
by a strong moral obligation to its clients, employees and wider society, with
a continued focus on its Environmental, Social and Governance (ESG) impact.

For more information visit:      www.frenkeltoppinggroup.co.uk
(https://protect-eu.mimecast.com/s/WNCMCR1EKSxDwoTNKWD-?domain=frenkeltoppinggroup.co.uk)

 .   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Richard Fraser
 2.  Reason for the Notification
 a)  Position/status                                              Richard Fraser, 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  New Ordinary Shares

     Identification code                                          GB00B01YXQ71
 b)  Nature of the transaction                                    Exercise of Options over Ordinary Shares
 c)  Price(s) and volume(s)                                       Volume(s)  Prices (pence)
                                                                   185,000   0.5 pence
 d)  Aggregated information:

Volume   Volume weighted average price (pence)
     ·Aggregated volume                                           185,000  0.5 pence

     ·Price
 e)  Date of the transaction                                      19/06/23
 f)  Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

d)

Aggregated information:

·Aggregated volume

·Price

 

 Volume   Volume weighted average price (pence)
 185,000  0.5 pence

e)

Date of the transaction

19/06/23

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 .   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Richard Fraser
 2.  Reason for the Notification
 a)  Position/status                                              Richard Fraser, 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  New Ordinary Shares

     Identification code                                          GB00B01YXQ71
 b)  Nature of the transaction                                    Sale of Ordinary Shares
 c)  Price(s) and volume(s)                                       Volume(s)  Prices (pence)
                                                                   185,000   70.5p
 d)  Aggregated information:

Volume   Volume weighted average price (pence)
     ·Aggregated volume                                           185,000  70.5p

     ·Price
 e)  Date of the transaction                                      19/06/23
 f)  Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

d)

Aggregated information:

·Aggregated volume

·Price

 

 Volume   Volume weighted average price (pence)
 185,000  70.5p

e)

Date of the transaction

19/06/23

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

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