Director/PDMR Shareholding

RNS Number : 6650M

Property Franchise Group PLC (The)

09 January 2019

 

The Property Franchise Group PLC

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

 Director's Dealing

The Company has been informed that SPL Investment Limited ("SPL"), an entity set up for the benefit of Non-Executive Director Paul Latham and his family and which is considered to be a person closely associated with Paul, purchased 25,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 115p per share. Following this purchase, Paul has a total beneficial interest in 50,000 Ordinary Shares, including those held by SPL, representing, in total, approximately 0.19 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	SPL Investment Limited
2	Reason for the notification
a)	Position/status	Person closely associated with Paul Latham, Non-Executive Director 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	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 115 p per share 25,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	8 January 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    Josh Royston   Rebecca Sanders-Hewett Susie Hudson	0203 865 9667

 

END

 

 

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