Frenkel Topping Group PLC Director/PDMR Shareholding (9745R)

TIDMFEN

RNS Number : 9745R

Frenkel Topping Group PLC

15 December 2016

Frenkel Topping Group plc

("Frenkel Topping" or the "Company")

Director/ PDMR Dealing

Frenkel Topping Group plc (AIM: FEN) announces that FCFM Group Limited, of which Jason Granite, Executive Chairman and Chief Investment Officer of the Company, is a director and shareholder, has sold 7,500,000 ordinary shares of 0.5p each in the capital of the Company ("Ordinary Shares") at a price of 52.5 pence per Ordinary Share. The shares were sold to Oryx International Growth Fund Limited.

Following the above transaction, Jason Granite is beneficially interested in 5,893,404 Ordinary Shares, representing approximately 7.7% 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.

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                      Ordinary Shares of 0.5p 
       of 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)                        ---------  ---------- 
                                         52.5p      7,500,000 
                                        ---------  ---------- 
---  -------------------------------  ----------------------------- 
 d)   Aggregated information: 
       Aggregated                        7,500,00 Ordinary Shares 
       volume                            of 0.5p pence sold at 52.5 
       Price                             pence per Ordinary Share 
---  -------------------------------  ----------------------------- 
 e)   Date of the                      14 December 2016 
       transaction 
---  -------------------------------  ----------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ----------------------------- 
 

For further information:

 
Frenkel Topping Group plc                      www.frenkeltopping.co.uk 
 Jason Granite, Executive Chairman 
Richard Fraser, Chief Executive Officer        Tel: [phone] 
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] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 15, 2016 07:02 ET (12:02 GMT)