REG - FRP Advisory Grp PLC - PDMR Dealings and Total Voting Rights

Frp AdvisoryAnnouncement

24/03/2023 14:00

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RNS Number : 2016U  FRP Advisory Group PLC  24 March 2023

24 March 2023

FRP Advisory Group plc

("FRP", "the Company" or the "Group")

 

PDMR Dealings and Total Voting Rights

 

FRP Advisory Group plc, a leading national specialist business advisory firm,
announces that on 24 March 2023, Nigel Guy, David Adams and David Chubb,
non-executive directors of the Company, exercised the options granted to them
on the Company's IPO in respect of a total of 137,500 ordinary shares of 0.1p
each in the Company ("Option Shares") at nominal value. Further details are
set out below.

 

Application has been made for the Option Shares to be admitted to trading on
AIM ("Admission"). Admission is expected to become effective on  30  March
2023 and the Option Shares will, on issue, rank pari passu in all respects
with the Company's existing Ordinary Shares.

 

Following Admission, the Company will have 249,401,058 Ordinary Shares in
issue, each with voting rights, which figure may be used by shareholders in
the Company 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 share capital of the Company under the Financial
Conduct Authority's Disclosure Guidance and Transparency Rules. The Company
does not hold any Ordinary Shares in treasury.

 

On Admission, the relevant directors' shareholdings will be as follows:

 

 Director     Option Shares  Total Shareholding on Admission  Percentage of issued share capital on Admission
 Nigel Guy    68,750         93,750                           0.04
 David Adams  62,500         475,000                          0.19
 David Chubb  6,250          68,750                           0.03

 

Enquiries:

 

FRP Advisory Group plc

Geoff Rowley, CEO

Jeremy French, COO

Gavin Jones, CFO

Enquiries via MHP

 

Cenkos Securities plc (Nominated Adviser and Joint Broker)

Katy Birkin/Max Gould (Corporate Finance)

Alex Pollen (Sales)

Tel: +44 (0) 207 397 8900

 

Investec Bank plc (Joint Broker)

Carlton Nelson / James Rudd (Corporate Broking)

Tel: +44 (0) 207 597 4000

 

MHP Group (Financial Public Relations)

Oliver Hughes

Charlie Barker

Pete Lambie

Tel: +44 (0) 3128 8540 / +44 (0) 20 3128 8570

FRP@mhpgroup.com (mailto:FRP@mhpgroup.com)

 

Notes to Editors

FRP is a leading national specialist business advisory firm established in
2010. It offers a range of advisory services to companies, lenders, investors
and other stakeholders, as well as individuals. These services include:

·        Restructuring advisory: corporate financial advisory, formal
insolvency appointments, informal restructuring advisory, personal insolvency
and general advice to all stakeholders.

 

·        Corporate finance: mergers & acquisitions (M&A),
strategic advisory and valuations, financial due diligence, capital raising,
special situations M&A and partial exits.

 

·        Debt advisory: raising and refinancing debt, debt amendments
and extensions, restructuring debt, asset based lending and corporate and
leveraged debt advisory.

 

·        Forensic services: forensic investigations, compliance and
risk advisory, dispute services and forensic technology.

 

·        Financial advisory: transaction services including financial
due diligence, alongside its lender services, financial modelling, valuations,
pensions and company-side advisory services.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a.  Name of PDMR                                                 Nigel Guy
 2   Reason for notification
 a.  Position/Status                                              Non-Executive Director
 b.  Initial notification/                                        Initial Notification

     Amendment
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a.  Name                                                         FRP Advisory Group plc
 b.  LEI                                                          213800IPCG6DE1CVLY36
 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 of £0.001 each

     Identification Code

                                                                  GB00BL9BW044
 b.  Nature of the transaction                                    Exercise of Options
 c.  Price(s) and volume(s)                                       Price(s)                    Volume(s)
     £0.001                                                                                   68,750
 d.  Aggregated information

     - Aggregated Volume                                          N/A

     - Price
 e.  Date of the transaction                                      24 March 2023
 f.  Place of the transaction                                     Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a.  Name of PDMR                                                 David Adams
 2   Reason for notification
 a.  Position/Status                                              Non-Executive Director
 b.  Initial notification/                                        Initial Notification

     Amendment
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a.  Name                                                         FRP Advisory Group plc
 b.  LEI                                                          213800IPCG6DE1CVLY36
 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 of £0.001 each

     Identification Code

                                                                  GB00BL9BW044
 b.  Nature of the transaction                                    Exercise of Options
 c.  Price(s) and volume(s)                                       Price(s)                    Volume(s)
     £0.001                                                                                   62,500
 d.  Aggregated information

     - Aggregated Volume                                          N/A

     - Price
 e.  Date of the transaction                                      24 March 2023
 f.  Place of the transaction                                     Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a.  Name of PDMR                                                 David Chubb
 2   Reason for notification
 a.  Position/Status                                              Non-Executive Director
 b.  Initial notification/                                        Initial Notification

     Amendment
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a.  Name                                                         FRP Advisory Group plc
 b.  LEI                                                          213800IPCG6DE1CVLY36
 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 of £0.001 each

     Identification Code

                                                                  GB00BL9BW044
 b.  Nature of the transaction                                    Exercise of Options
 c.  Price(s) and volume(s)                                       Price(s)                    Volume(s)
     £0.001                                                                                   6,250
 d.  Aggregated information

     - Aggregated Volume                                          N/A

     - Price
 e.  Date of the transaction                                      24 March 2023
 f.  Place of the transaction                                     Outside a trading venue

 

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