FRENKEL TOPPING GROUP PLC — Director's Dealing 2016

Sep 15, 2016

National Storage Mechanism | Additional information

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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 plc Jason Granite, Executive Chairman	www.frenkeltopping.co.uk
Richard Fraser, Chief Executive Officer	Tel: 0161 886 8000
Julie Dean, Chief Financial Officer
finnCap Ltd	Tel: 020 7220 0500
Adrian Hargrave / James Thompson / Alex Price
Tony Quirke
Walbrook PR Ltd	Tel: 020 7933 8780 or frenkeltopping@walbrookpr.com
Paul McManus	Mob: 07980 541 893
Nick Rome	Mob: 07748 325 236

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 the Financial instrument, type of instrument

Ordinary Shares of 0.5p

Identification code

GB00B01YXQ71

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
50p	723,476

d)

Aggregated information:

·      Aggregated volume

·      Price

723,476  Ordinary Shares of 0.5p pence purchased at 50 pence per Ordinary Share

e)

Date of the transaction

15 September  2016

f)

Place of the transaction

London Stock Exchange, AIM 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 the Financial instrument, type of instrument

Ordinary Shares of 0.5p

Identification code

GB00B01YXQ71

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
50p	2,700,476

d)

Aggregated information:

·      Aggregated volume

·      Price

2,700,476  Ordinary Shares of 0.5p pence sold at 50 pence per Ordinary Share

e)

Date of the transaction

15 September 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

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