Frenkel Topping Group PLC Transaction in Own Shares (8934O)

TIDMFEN

RNS Number : 8934O

Frenkel Topping Group PLC

01 February 2019

Frenkel Topping Group plc

("Frenkel Topping" or "the Company")

Transaction in own shares and TVR

Frenkel Topping announces that, pursuant to the share buy-back programme being conducted, as announced on 22 November 2018, on 1 February 2019, the Company purchased 30,000 ordinary shares of GBP0.005 each in the capital of the Company ("Ordinary Shares") at a price per Ordinary Share of 30 pence by finnCap Ltd (acting as the Company's broker) (the "Transaction").

Total Voting Rights

Following the Transaction, the issued share capital of the Company remains unchanged at 78,657,349. The total voting rights in the Company is now 75,559,773 with 3,097,576 Ordinary Shares held in Treasury. The figure of 75,559,773 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains a summary of and detailed information about the purchases made by finnCap on behalf of the Company.

Summary of buy-back transactions

 
 Date of purchase                           1 February 2019 
 Number of Ordinary Shares purchased        30,000 
 Highest price paid per share (pence)       30 pence 
 Lowest price paid per share (pence)        30 pence 
 The average price paid per share           30 pence 
  (pence) 
 
 
 

For further information:

 
 Frenkel Topping Group plc                    www.frenkeltopping.co.uk 
  Richard Fraser. Chief Executive 
  Officer 
                                                    Tel: [phone] 
   Stephen Bentley, Chief Finance 
   Officer 
 
   Mark Holt, Group Commercial Director 
 
 finnCap Ltd                                        Tel: [phone] 
 Carl Holmes/James Thompson (Corporate 
  Finance) 
 
   Tim Redfern / Richard Chambers 
   (ECM) 
 
 TB Cardew                                          Tel: [phone] 
                                           [e-mail] 
 Lucy Featherstone 
 
 

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, personal and corporate financial advice and tax planning. It is focused on increasing its assets under management by continued growth of the business by an increase in the number of highly qualified fee earners for the provision of its industry leading specialisms. It has a national presence with offices in Manchester, Birmingham, Cardiff, London and Leeds and has relationships and infrastructure in place to further grow its reach and target markets.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

POSLLFLRFIILIIA

(END) Dow Jones Newswires

February 01, 2019 11:12 ET (16:12 GMT)