Property Franchise Group PLC (The) Director/PDMR Shareholding (5333Q)

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RNS Number : 5333Q

Property Franchise Group PLC (The)

06 June 2018

The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

The Property Franchise Group PLC

("TPFG", the "Company" or the "Group")

Director's Dealing

The Company has been informed that Richard Martin, Chairman, today sold 810,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 138.6p per share. Following this sale, Richard has a total interest in 10,189,950 Ordinary Shares, including those Ordinary Shares held by his wife Kathryn Martin, representing, in total, approximately 39.5 per cent. of the Company's issued share capital.

Further detail is provided below in accordance with Article 19.3 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name 
                                   Richard Martin 
---  -------------------------  -------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status            Chairman 
---  -------------------------  -------------------------------------- 
 b)   Initial notification       Initial 
       /Amendment 
---  -------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                       The Property Franchise Group 
                                  PLC 
---  -------------------------  -------------------------------------- 
 b)   LEI                        2138008J5PTJ8C77I535 
---  -------------------------  -------------------------------------- 
 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 1 penny 
       the financial                         each 
       instrument, type 
       of instrument 
                                             ISIN: GB00BH0WFH67 
       Identification 
       code 
---  -------------------------  -------------------------------------- 
 b)   Nature of the              Sale of ordinary shares 
       transaction 
---  -------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)       Volume(s) 
                                   -------------  ---------- 
                                    138.6 p per 
                                     share         810,000 
                                   -------------  ---------- 
---  -------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         N/A - single transaction 
 
 
       - Price 
---  -------------------------  -------------------------------------- 
 e)   Date of the transaction    6 June 2018 
---  -------------------------  -------------------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  -------------------------------------- 
 

Ends

For further information, please contact:

 
 The Property Franchise Group PLC 
  Ian Wilson, Chief Executive Officer 
  David Raggett, Chief Financial Officer              01202 292829 
 Cenkos Securities plc 
  Max Hartley, Callum Davidson (Nominated Adviser)    0207 397 
  Julian Morse (Sales)                                 8900 
 Alma PR 
  Josh Royston 
  Rebecca Sanders-Hewett                                0203 865 
  Susie Hudson                                          9667 
 

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June 06, 2018 09:19 ET (13:19 GMT)