Frenkel Topping Group PLC Director/PDMR Shareholding (9988J)

TIDMFEN

RNS Number : 9988J

Frenkel Topping Group PLC

15 September 2016

Frenkel Topping Group plc

("Frenkel Topping" or "the Company")

Director/PDMR Shareholding

Frenkel Topping Group plc (AIM: FEN) announces that Richard Fraser, Chief Executive Officer of the Company, has sold 2,700,476 ordinary shares of 0.5p each in the capital of the Company ("Ordinary Shares") at a price of 50 pence per Ordinary Share. FCFM Group Limited, of which Jason Granite, Executive Chairman and Chief Investment Officer of the Company, is a director and shareholder, has purchased 723,476 Ordinary Shares at a price of 50 pence per Ordinary Share.

Following the above transactions, Richard Fraser is beneficially interested in 1,254,361 Ordinary Shares, representing approximately 1.6% of the current issued share capital of the Company. Jason Granite is beneficially interested in 13,393,404 Ordinary Shares, representing approximately 17.5% of the current issued share capital of the Company.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

For further information:

 
 Frenkel Topping Group                                    www.frenkeltopping.co.uk 
  plc 
  Jason Granite, Executive 
  Chairman 
 Richard Fraser, Chief                                          Tel: [phone] 
  Executive Officer 
 Julie Dean, Chief Financial 
  Officer 
 
 finnCap Ltd                                                    Tel: [phone] 
 Adrian Hargrave / James 
  Thompson / Alex Price 
 Tony Quirke 
 
 Walbrook PR Ltd               Tel: [phone] or [e-mail] 
 Paul McManus                                                   Mob: [phone] 
 Nick Rome                                                      Mob: [phone] 
 

About Frenkel Topping: www.frenkeltopping.co.uk

Frenkel Topping provides specialist independent financial advice focussed on asset protection for clients. The specialist independent financial adviser has a market leading position providing advice and fund management services for personal injury trusts and clinical negligence awards and is well placed to provide services to a wider customer base.

The Company provides a range of wealth management services including bespoke investment portfolios, financial and tax planning. It is focused on increasing its assets under management by growing the number of fee earners who are qualified to provide benefits protection for a variety of needs as the Company adds to its personal injury and clinical negligence specialism.

It has a national presence with offices in Manchester, Birmingham, Bristol, Cardiff, London and Leeds and has relationships and infrastructure in place to further grow its reach and target markets.

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                             Jason Granite 
---  -------------------------------  ----------------------------- 
 2.   Reason for the Notification 
---  -------------------------------------------------------------- 
 a)   Position/status                  Executive Chairman and CIO 
---  -------------------------------  ----------------------------- 
 b)   Initial notification/Amendment   Initial notification 
---  -------------------------------  ----------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                             Frenkel Topping Group plc 
---  -------------------------------  ----------------------------- 
 b)   LEI                              n/a 
---  -------------------------------  ----------------------------- 
 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                   Ordinary Shares of 0.5p 
       the Financial 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B01YXQ71 
       code 
---  -------------------------------  ----------------------------- 
 b)   Nature of the                    Purchase of Ordinary Shares 
       transaction 
---  -------------------------------  ----------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         50p        723,476 
                                        ---------  ---------- 
---  -------------------------------  ----------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           723,476 Ordinary Shares of 
                                         0.5p pence purchased at 50 
                                         pence per Ordinary Share 
        *    Price 
---  -------------------------------  ----------------------------- 
 e)   Date of the transaction          15 September 2016 
---  -------------------------------  ----------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ----------------------------- 
 

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                             Richard Fraser 
---  -------------------------------  --------------------------------- 
 2.   Reason for the Notification 
---  ------------------------------------------------------------------ 
 a)   Position/status                  Chief Executive Officer 
---  -------------------------------  --------------------------------- 
 b)   Initial notification/Amendment   Initial notification 
---  -------------------------------  --------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                             Frenkel Topping Group plc 
---  -------------------------------  --------------------------------- 
 b)   LEI                              n/a 
---  -------------------------------  --------------------------------- 
 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                   Ordinary Shares of 0.5p 
       the Financial 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B01YXQ71 
       code 
---  -------------------------------  --------------------------------- 
 b)   Nature of the                    Sale of Ordinary Shares 
       transaction 
---  -------------------------------  --------------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         50p        2,700,476 
                                        ---------  ---------- 
---  -------------------------------  --------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           2,700,476 Ordinary Shares 
                                         of 0.5p pence sold at 50 pence 
                                         per Ordinary Share 
        *    Price 
---  -------------------------------  --------------------------------- 
 e)   Date of the transaction          15 September 2016 
---  -------------------------------  --------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  --------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 15, 2016 12:26 ET (16:26 GMT)