Director/PDMR Shareholding

RNS Number : 2909I

Frenkel Topping Group PLC

26 August 2016

 

Frenkel Topping Group plc

("Frenkel Topping" or "the Company")

Director/PDMR Shareholding

Frenkel Topping Group plc (AIM: FEN) announces that following the exercise of options by directors on 23 August 2016, Richard Fraser, Chief Executive Officer of the Company, and Julie Dean, Chief Financial Officer of the Company have sold 1,000,000 ordinary shares of 0.5p each in the capital of the Company ("Ordinary Shares") and 686,000 Ordinary Shares respectively, both at a price of 44 pence per Ordinary Share. 843,000 of these Ordinary Shares were purchased by FCFM Group Limited, of which Jason Granite, Executive Chairman and Chief Investment Officer of the Company, is a director and shareholder. 

Following the above transactions, Richard Fraser is beneficially interested in 3,954,837 Ordinary Shares, representing approximately 5.2% of the current issued share capital of the Company, Julie Dean is beneficially interested in 1,590,861 Ordinary Shares, representing approximately 2.1% of the current issued share capital of the Company and Jason Granite is beneficially interested in 12,669,928 Ordinary Shares, representing approximately 16.5% of the current issued share capital of the Company.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

For further information:

Frenkel Topping Group plc Jason Granite, Executive Chairman	www.frenkeltopping.co.uk
Richard Fraser, Chief Executive Officer	Tel: [phone]
Julie Dean, Chief Financial Officer
finnCap Ltd	Tel: [phone]
Adrian Hargrave / James Thompson / Alex Price
Tony Quirke
Walbrook PR Ltd	Tel: [phone] or [e-mail]
Paul McManus	Mob: [phone]
Nick Rome	Mob: [phone]

About Frenkel Topping: www.frenkeltopping.co.uk

Frenkel Topping provides specialist independent financial advice focussed on asset protection for clients. The specialist independent financial adviser has a market leading position providing advice and fund management services for personal injury trusts and clinical negligence awards and is well placed to provide services to a wider customer base.

The Company provides a range of wealth management services including bespoke investment portfolios, financial and tax planning. It is focused on increasing its assets under management by growing the number of fee earners who are qualified to provide benefits protection for a variety of needs as the Company adds to its personal injury and clinical negligence specialism.

It has a national presence with offices in Manchester, Birmingham, Bristol, Cardiff, London and Leeds and has relationships and infrastructure in place to further grow its reach and target markets.

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	Jason Granite
2.	Reason for the Notification
a)	Position/status	Executive Chairman and CIO
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	n/a
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 0.05p
	Identification code	GB00B01YXQ71
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 44p 843,000
d)	Aggregated information: ·      Aggregated volume ·      Price	893,000 Ordinary Shares of 0.05p pence purchased at 44 pence per Ordinary Share
e)	Date of the transaction	26 August 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

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	n/a
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 0.05p
	Identification code	GB00B01YXQ71
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 44p 1,000,000
d)	Aggregated information: ·      Aggregated volume ·      Price	1,000,000 Ordinary Shares of 0.05p pence sold at 44 pence per Ordinary Share
e)	Date of the transaction	26 August 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

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	Julie Dean
2.	Reason for the Notification
a)	Position/status	Chief Finance 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	n/a
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 0.05p
	Identification code	GB00B01YXQ71
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 44p 686,000
d)	Aggregated information: ·      Aggregated volume ·      Price	686,000 Ordinary Shares of 0.05p pence sold at 44 pence per Ordinary Share
e)	Date of the transaction	26 August 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

END

 

 

DSHZQLFLQVFFBBX