Exercise of Options and Total Voting Rights

RNS Number : 6752K

Frenkel Topping Group PLC

23 September 2016

 

Frenkel Topping Group plc

("Frenkel Topping" or the "Company")

Exercise of Options and Total Voting Rights

Frenkel Topping Group plc (AIM: FEN) announces that on 23 September 2016, 91,500 options over ordinary shares of 0.5 pence each in the capital of the Company ("Ordinary Shares") were exercised by an employee of the Company. The options exercised were granted under the terms of the Frenkel Topping Enterprise Management Incentive Scheme ("FTGEMI"), which had an exercise price of 14 pence per Ordinary Share.

Accordingly, the Company has made application for 91,500 new Ordinary Shares to be admitted to trading on AIM, and dealings are expected to commence on 29 September 2016 ("Admission").  The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue.

Following Admission, the Company's total issued and voting share capital will comprise of 76,785,683 Ordinary Shares. This figure may be used by shareholders 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, securities of the Company.

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.

 

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