Director/PDMR Shareholding and Group EBT Purchase

RNS Number : 6706L

Frenkel Topping Group PLC

14 August 2013

 



Frenkel Topping Group plc

Director / PDMR Shareholding and Group EBT share purchase

Frenkel Topping Group plc (the "Company") announces that on 12 August 2013, it received notification that on the same date, Julie Dean, a director of the Company, transferred 116,554 ordinary shares of 0.5p each in the capital of the Company ("Ordinary Shares") representing 0.18% of the issued share capital of the Company into the SIPP of Richard Dean, husband of Julie Dean, at a price of 25.5p per share.  Following this transaction, Julie Dean remains beneficially interested in 1,357,221 Ordinary Shares, representing 2.15% of the issued share capital of the Company.

The Company also announces that on the 12 August 2013, it received notification that on the same date, the SIPP of Richard Fraser, a director of the Company, purchased 48,327 Ordinary Shares representing 0.08% of the issued share capital of the Company at a price of 26.9p per share.  Following this transaction, Richard Fraser is beneficially interested in 4,660,880 Ordinary shares, representing 6.97% of the issued share capital of the Company.

Following the exercise of options granted to employees under the terms of the Frenkel Topping Enterprise Management Incentive Scheme 2004 ("FTGEMI"), Frenkel Topping Group Employee Benefit Trust (the "Trust") purchased 375,529 Ordinary Shares, on 12 August 2013 at a price of 25.5p per share, representing 0.59% of the issued share capital of the Company.  Following this purchase, the Company now holds in trust 2,124,823 Ordinary Shares representing 3.36% of the issued share capital of the Company.

For further information, please contact:

Frenkel Topping Group plc Richard Fraser (Chief Executive)	0161 886 8000
Shore Capital Pascal Keane Patrick Castle	020 7408 4090

 

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