Director/PDMR Shareholding

RNS Number : 4512B

Frenkel Topping Group PLC

03 October 2022

 

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 and Clinical Negligence space, announces that Richard Fraser, Chief Executive Officer, has exercised and subsequently sold options over 250,000 Ordinary Shares in the Company at a price of 60 pence per ordinary share, in order to fund a property transaction. The share options were held in the Company's Employee Benefit Trust ("EBT") and the exercise price was 0.5p.

Following the sale of these shares Richard Fraser and persons closely associated ("PCAs") to him holds 1,895,907 Ordinary Shares of the Company, representing approximately 1.68 per cent. of the Company's issued share capital and Richard Fraser retains 2,750,000 share options in the Company pursuant to the exercise and sale.

The EBT held 5,564,683 Ordinary Shares prior to the option exercise and following the transaction the EBT holds 5,314,683 Ordinary Shares.

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/Abigail Kelly/Milesh Hindocha (Corporate Finance) Tim Redfern / 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	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	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
	Identification code	GB00B01YXQ71
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Volume(s) Prices (pence) 250,000 60 pence
d)	Aggregated information: ·Aggregated volume ·Price
e)	Date of the transaction	30 September 2022
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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