Director/PDMR Shareholding

RNS Number : 8083O

Frenkel Topping Group PLC

12 October 2021

 

Frenkel Topping Group plc

("Frenkel Topping", the "Company" or the "Group")

Director/PDMR Shareholding

Frenkel Topping Group (AIM: FEN), a specialist professional and financial services firm focused on asset protection for clients, announces that, further to the recent Holding in Company announcement released on 11 October 2021, confirming that Harwood Capital LLP as investment manager to North Atlantic Smaller Companies Investment Trust plc ("NASCIT") had purchased  351,741 ordinary shares of 0.5p each in the capital of the Company ("Ordinary Shares"), at a price of  73 pence per Ordinary Share (the "Purchase"), Christopher Mills, Non-executive Director of the Company and a director of NASCIT, is now interested in 27,500,000 Ordinary Shares of the Company, representing approximately 24.3 per cent. of the Company's issued share capital.  

For further information:

Frenkel Topping Group plc	www.frenkeltoppinggroup.co.uk
Richard Fraser, Chief Executive Officer	Tel: [phone]
finnCap Ltd (Nominated Advisor & Broker)	Tel: [phone]
Carl Holmes/James Thompson/Milesh Hindocha (Corporate Finance) 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	Harwood Capital LLP as investment manager to NASCIT.
2	Reason for the notification
a)	Position/status	Harwood Capital LLP and NASCIT are PCAs of Christopher Mills, Non-Executive Director of Frenkel Topping plc
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 of  £0.05 each
	Identification code	GB00B01YXQ71
b)	Nature of the transaction	Share purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.7325	351,741
d)	Aggregated information
	- Aggregated volume	351,741
	- Price	£257,650.28
e)	Date of the transaction	8 October 2021
f)	Place of the transaction	London Stock Exchange

The Company also confirms that it received the below notification today covering a previous dealing by Harwood Capital LLP as investment manager to NASCIT completed on the 1 October 2021.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Harwood Capital LLP as investment manager to NASCIT.
2	Reason for the notification
a)	Position/status	Harwood Capital LLP and NASCIT are PCAs of Christopher Mills, Non-Executive Director of Frenkel Topping plc
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 of  £0.05 each
	Identification code	GB00B01YXQ71
b)	Nature of the transaction	Share purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.712	648,259
d)	Aggregated information
	- Aggregated volume	648,259
	- Price	£461,560.40
e)	Date of the transaction	1 October 2021
f)	Place of the transaction	London Stock Exchange

 

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