Frenkel Topping Group plc
("Frenkel Topping" or "the Company")
Director/PDMR Dealing
Frenkel Topping (AIM: FEN), a specialist independent financial advisor and asset manager focused on asset protection for vulnerable clients, announces that on 31 March 2021 it was informed by Harwood Capital LLP that North Atlantic Smaller Companies Investment Trust plc ("NASCIT") had purchased 25,000 ordinary shares of 0.5p each in the capital of the Company ("Ordinary Shares"), at a price of 45.5 pence per Ordinary Share (the "Purchase"). Christopher Mills, Non-executive Director, is a director of NASCIT.
Following the Purchase, Christopher Mills is interested in 24,375,000 Ordinary Shares of the Company, representing approximately 22.1 per cent. of the Company's issued share capital.
For further information:
Frenkel Topping Group plc |
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Richard Fraser, Chief Executive Officer |
Tel: 0161 886 8000 |
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finnCap Ltd |
Tel: 020 7220 0500 |
Carl Holmes/Giles Rolls (Corporate Finance) Tim Redfern / Richard Chambers (ECM) |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Harwood Capital LLP as investment manager to NASCIT |
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2
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Reason for the notification
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a)
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Position/status
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Harwood Capital LLP and NASCIT are PCAs of Christopher Mills, Non-Executive Director of Frenkel Topping plc |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Frenkel Topping Group plc |
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b)
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LEI
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213800I5L3K7AT7A4R20
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of £0.005 each |
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Identification code |
GB00B01YXQ71
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b)
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Nature of the transaction
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Share purchase |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£0.455 |
25,000 |
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d)
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Aggregated information |
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- Aggregated volume |
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- Price |
£11,375.00 |
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e)
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Date of the transaction
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31 March 2021 |
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f)
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Place of the transaction
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London Stock Exchange |