Director/PDMR Shareholding

FRP Advisory Group PLC
01 August 2024
 

1 August 2024

FRP ADVISORY GROUP PLC

("FRP", the "Group" or the "Company")

 

PDMR Dealing

 

FRP Advisory Group plc, a leading national specialist business advisory firm, has been notified that, on 31 July 2024, Gavin Jones, Chief Financial Officer of the Company, exercised nil cost options over 111,593 ordinary shares of 0.1p each in the Company ("Ordinary Shares"). These options were satisfied using Ordinary Shares held in the Company's Employee Benefit Trust. Mr Jones sold 52,633 of the resulting Ordinary Shares to satisfy personal income tax and national insurance liabilities arising on the option exercise. Following completion of these transactions, Mr Jones beneficially holds 204,303 Ordinary Shares representing 0.08 per cent. of the Company's issued share capital.

 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 

Enquiries:

 

FRP Advisory Group plc                                                                                               

Geoff Rowley, CEO

Jeremy French, COO

Gavin Jones, CFO

Enquiries via MHP

 

Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)

Katy Birkin/ Stephen Keys/George Lawson (Corporate Finance)

Tel: +44 (0) 207 220 0500

 

Investec Bank plc (Joint Broker)

Carlton Nelson / James Rudd (Corporate Broking)

Tel: +44 (0) 207 597 4000

 

MHP Group (Financial Public Relations)

Oliver Hughes

Eleni Menikou

Catherine Chapman

Tel: +44 (0)7711 191518

FRP@mhpgroup.com 

 

Notes to Editors

FRP is a leading national specialist business advisory firm established in 2010. It offers a range of advisory services to companies, lenders, investors and other stakeholders, as well as individuals. These services include:

 

§ Restructuring advisory: corporate financial advisory, formal insolvency appointments, informal restructuring advisory, personal insolvency and general advice to all stakeholders.

§ Corporate finance: mergers & acquisitions (M&A), strategic advisory and valuations, financial due diligence, capital raising, special situations M&A and partial exits.

§ Debt advisory: raising and refinancing debt, debt amendments and extensions, restructuring debt, asset based lending and corporate and leveraged debt advisory.

§ Forensic services: forensic investigations, compliance and risk advisory, dispute services and forensic technology.

§ Financial advisory: transaction services including financial due diligence, lender services, financial modelling, valuations, pensions and company-side advisory services. 

 

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 of PDMR

Gavin Jones

2

Reason for notification

a.

Position/Status

Chief Financial Officer

b.

Initial notification/

Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

FRP Advisory Group plc

b.

LEI

213800IPCG6DE1CVLY36

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


Identification Code

Ordinary shares of £0.001 each

 

GB00BL9BW044

b.

Nature of the transaction

Exercise of Share Options

c.

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

111,593

d.

Aggregated information

 

- Aggregated Volume

 

- Price

N/A

 

e.

Date of the transaction

31 July 2024

f.

Place of the transaction

Off market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name of PDMR

Gavin Jones

2

Reason for notification

a.

Position/Status

Chief Financial Officer

b.

Initial notification/

Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

FRP Advisory Group plc

b.

LEI

213800IPCG6DE1CVLY36

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


Identification Code

Ordinary shares of £0.001 each

 

GB00BL9BW044

b.

Nature of the transaction

Sale of Ordinary Shares

c.

Price(s) and volume(s)

Price(s)

Volume(s)

£1.29

52,633

d.

Aggregated information

 

- Aggregated Volume

 

- Price

N/A single transaction

 

N/A single transaction

 

N/A single transaction

 

e.

Date of the transaction

31 July 2024

f.

Place of the transaction

XLON - AIM

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings