10 January 2025
FRP Advisory Group plc
("FRP", "the Company" or the "Group")
Director/PDMR Shareholding
FRP Advisory Group plc, a leading national specialist business advisory firm, has been notified that on 10 January 2025, Jeremy French, Chief Operating Officer, transferred the beneficial interest of 2,269,119 ordinary shares of 0.1p each in the Company ("Ordinary Shares") to his spouse.
Following the transfer, the aggregate interest of Jeremy French and his spouse in the Company's issued share capital remains unchanged at 4,538,238 Ordinary Shares, representing approximately 1.77 per cent. of the Company's issued share capital.
For the avoidance of doubt, the Ordinary Shares held by Jeremy French and his spouse remain subject to the lock-in agreement that was announced on 23 May 2024 and expires at the end of July 2026.
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 (Financial Public Relations)
Oliver Hughes
Eleni Menikou
Lexi Iles
Tel: +44 (0) 7701 308 818
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 |
Jeremy French |
|
2 |
Reason for notification |
||
a. |
Position/Status |
Chief Operating 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
|
Ordinary shares of £0.001 each
GB00BL9BW044 |
|
b. |
Nature of the transaction |
Transfer of beneficial interest in Ordinary Shares |
|
c. |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
2,269,119 |
||
d. |
Aggregated information
- Aggregated Volume
- Price |
N/A
|
|
e. |
Date of the transaction |
10 January 2025 |
|
f. |
Place of the transaction |
AIMX |