Transaction in Own Shares

RNS Number : 5739Z

Frenkel Topping Group PLC

18 December 2017

 

Frenkel Topping Group plc

("Frenkel Topping" or "the Company")

Transaction in Own Shares

Frenkel Topping Group plc (AIM: FEN) announces that on 15 December 2017, it purchased 40,000 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") from finnCap Ltd at 57.2632 pence per share (the "Transaction").

The Ordinary Shares which have been purchased by the Company will be held in treasury. Following the Transaction, the Company holds 3,040,000 Ordinary Shares in treasury and has 75,617,349 Ordinary Shares in issue, excluding those held in treasury.

Therefore the total number of voting rights in the Company is 75,617,349 which may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

This announcement contains inside information.

For further information:

Frenkel Topping Group plc Paul Richardson, Executive Chairman Richard Fraser, Chief Executive Officer	www.frenkeltopping.co.uk Tel: [phone]
Stephen Bentley, Finance Director Mark Holt, Commercial Director
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, Cardiff, London and Leeds and has relationships and infrastructure in place to further grow its reach and target markets.

 

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