Director/PCA Dealings

RNS Number : 9150X

Property Franchise Group PLC (The)

02 May 2019

 

The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

The Property Franchise Group PLC

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

 Director/PCA Dealings

The Company has today been informed that Kathryn Martin, wife of Richard Martin, Chairman of TPFG, yesterday sold 1,300,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a gross price of 150.0p per share (before commissions). Following this sale, Richard and his wife have a total interest in 8,889,950 Ordinary Shares, representing, in total, approximately 34.43 per cent. of the Company's issued share capital.

Further detail is provided below in accordance with Article 19.3 of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kathryn Martin
2	Reason for the notification
a)	Position/status	Person closely associated with Richard Martin, Chairman of The Property Franchise Group PLC
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Property Franchise Group PLC
b)	LEI	2138008J5PTJ8C77I535
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 1 penny  each ISIN: GB00BH0WFH67
b)	Nature of the transaction	Sale of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 147.75 p per share (net of commissions) 1,300,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	1 May 2019
f)	Place of the transaction	London Stock Exchange (XLON)

Ends

For further information, please contact:

The Property Franchise Group PLC      Ian Wilson, Chief Executive Officer David Raggett, Chief Financial Officer	01202 292829
Cenkos Securities plc Max Hartley, Callum Davidson (Nominated Adviser) Julian Morse (Sales)	0207 397 8900
Alma PR    Rebecca Sanders-Hewett Jessica Joynson Susie Hudson	0203 865 9667

 

END

 

 

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