Property Franchise Group PLC (The) Director/PDMR Shareholding (6650M)

TIDMTPFG

RNS Number : 6650M

Property Franchise Group PLC (The)

09 January 2019

The Property Franchise Group PLC

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

Director's Dealing

The Company has been informed that SPL Investment Limited ("SPL"), an entity set up for the benefit of Non-Executive Director Paul Latham and his family and which is considered to be a person closely associated with Paul, purchased 25,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 115p per share. Following this purchase, Paul has a total beneficial interest in 50,000 Ordinary Shares, including those held by SPL, representing, in total, approximately 0.19 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                         SPL Investment Limited 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             Person closely associated with Paul 
                                   Latham, Non-Executive Director of 
                                   The Property Franchise Group PLC 
     --------------------------  ------------------------------------------- 
 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 the                     Ordinary shares of 1 penny each 
       financial instrument, 
       type of instrument 
                                              ISIN: GB00BH0WFH67 
       Identification code 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Purchase of ordinary shares 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)           Volume(s) 
                                     115 p per share    25,000 
                                                       ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          N/A - single transaction 
 
 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     8 January 2019 
     --------------------------  ------------------------------------------- 
 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) 
  Julian Morse (Sales)                                0207 397 8900 
 Alma PR 
  Josh Royston 
  Rebecca Sanders-Hewett 
  Susie Hudson                                          0203 865 9667 
 

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END

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January 09, 2019 10:39 ET (15:39 GMT)