The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFrenkel Topping Share News (FEN)

Share Price Information for Frenkel Topping (FEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 51.10
Bid: 49.20
Ask: 53.00
Change: 0.00 (0.00%)
Spread: 3.80 (7.724%)
Open: 51.10
High: 51.10
Low: 51.10
Prev. Close: 51.10
FEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Frenkel Topping confirms 2017 targets

Tue, 16th Aug 2016 16:41

(ShareCast News) - Frenkel Topping saw assets under management increase despite the uncertainty surrounding Brexit as it continued to focus on migrating some of its clients to its new proprietary fund management platform.The specialist independent financial advisor and asset manager reported a 3.1% rise in assets under management as at 30 June to hit £687m.Progress on moving some of its clients, where appropriate, to its new proprietary fund management platform, continued.With the migration having started to gather pace, management said it was still intent on hitting its target of reaching AuM of £350m by the end of the 2016.Management said it was on track to meet its previously provided target of doubling its operating profits between 2015 and 2017 to over £3m.Notwithstanding these additional costs in excess last year, we expectOperating profit for 2016 would be marginally ahead of the equivalent 2015 period of £1.5m, the company said in a statement, despite increased staffing linked to the migration process.In parallel, the existing Director Incentive Scheme was cancelled and replaced by share option grants tied to performance targets."This revised scheme will ensure that any increase in value of the Company, especially when accompanied with an Exit Event, will result in greater value for shareholders than if the Growth Share Scheme remained in effect," Frenkel said.Those Directors receiving share options agreed to forego their salaries for the second half of 2016, as the company transitioned to a full-service advisory and investment management firm so as to demonstrate their commitment to its long-term future."The overall impact on shareholder value is positive today and significantly beneficial if the company achieves its growth plan over the coming months and years," analyst Duncan Hall at FinnCap said in a research note sent to clients.Lastly, Mark Richards, ex-Barclays International CFO and Barclays Group strategy director, was appointed as a new non-executive director, and Mark Holt as commercial director.Shares of Frenkel Topping ended the session 1.09% higher at 46.50p.
More News
25 Jul 2022 17:49

IN BRIEF: Frenkel Topping sets up joint venture with CFG Law

Frenkel Topping Group PLC - Manchester-based professional and financial services firm focused on asset protection - Establishes 50-50 joint venture between the group's independent financial advice business and Cheadle, England-based law firm CFG Law.

Read more
6 Jul 2022 15:02

IN BRIEF: Frenkel Topping raises GBP10 million for new acquisitions

Frenkel Topping Group PLC - Manchester-based professional and financial services firm focused on asset protection - Raises GBP10 million through the placing of 14.3 million shares at a price of 70 pence each.

Read more
5 Jul 2022 15:27

IN BRIEF: Frenkel Topping to raise GBP10 million via placing

Frenkel Topping Group PLC - Manchester-based professional and financial services firm focused on asset protection - Intends to raise GBP10 million through share placing of up to 14.3 million shares at a price of 70 pence per share.

Read more
15 Jun 2022 15:59

UK shareholder meetings calendar - next 7 days

Thursday 16 June 
AEX Gold IncGM re name change to Amaroq Minerals Ltd
AEX Gold IncAGM
Anexo Group PLCAGM
Anpario PLCAGM
Baillie Gifford China Growth Trust PLCAGM
Bisichi PLCAGM
Engage XR Holdings PLCAGM
EPE Special Opportunities LtdAGM
Evraz PLCAGM
Informa PLCAGM
Kape Technologies PLCAGM
Martin Currie Global Portfolio Trust PLCAGM
Ruffer Investment Co LtdEGM re authority to issue shares
S4 Capital PLCAGM
TBC Bank Group PLCAGM
UK Commercial Property REIT LtdAGM
Friday 17 June 
Blackstone Loan Financing LtdAGM
boohoo Group PLCAGM
Directa Plus PLCAGM
Tesco PLCAGM
EnQuest PLCAGM
Octopus Renewables Infrastructure Trust PLCAGM
Monday 20 June 
Armadale Capital PLCAGM
Bank of Georgia Group PLCAGM
Globalworth Real Estate Investments LtdAGM
MetalNRG PLCAGM
Midatech Pharma PLCAGM
Silver Bullet Data Services Group PLCGM re fundraise
Venture Life Group PLCAGM
Tuesday 21 June 
1Spatial PLCAGM
Altus Strategies PLCAGM
Coca-Cola HBC AGAGM
FireAngel Safety Technology Group PLCAGM
HC Slingsby PLCAGM
HSS Hire Group PLCAGM
Mission Group PLCAGM
Novacyt SAAGM
Pendragon PLCAGM
RTW Venture Fund LtdAGM
Velocys PLCAGM
Wednesday 22 June 
ASA International Group PLCAGM
Atalaya Mining PLCAGM
Bonhill Group PLCAGM
Chapel Down Group PLCAGM
Churchill China PLCAGM
Downing Renewables & Infrastructure Trust PLCGM re share issue
Ecofin US Renewables Infrastructure Trust PLCAGM
EJF Investments LtdAGM
Frenkel Topping Group PLCAGM
Good Energy Group PLCAGM
Honeycomb Investment Trust PLCAGM
ICG-Longbow Senior Secured UK Property Debt Investments LtdAGM
Intelligent Ultrasound Group PLCAGM
Iofina PLCAGM
John Wood Group PLCAGM
Kingfisher PLCAGM
LXi REIT PLCGM
Menhaden PLCAGM
North Atlantic Smaller Cos Investment Trust PLCAGM
Pennant International Group PLCAGM
Plant Health Care PLCAGM
Skillcast Group PLCAGM
Team PLCAGM
Tribal Group PLCGM re final dividend
Trident Royalties PLCAGM
Vertu Motors PLCAGM
Wentworth Resources PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
4 May 2022 15:06

IN BRIEF: Frenkel Topping CEO Richard Fraser sells 100,000 shares

Frenkel Topping Group PLC - Manchester-based professional and financial services firm focused on asset protection - Norma Fraser, wife of Chief Executive Officer Richard Fraser, sells 100,000 shares at 75.5 pence, worth GBP75,500, on Tuesday. Richard Fraser now is interested in 1.9 million shares, a 1.7% stake.

Read more
25 Apr 2022 17:50

TRADING UPDATES: Audioboom in maiden annual profit; Eqtec loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
15 Feb 2022 22:16

TRADING UPDATES: Burford, Frenkel Topping expect contrasting results

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
15 Feb 2022 12:49

Frenkel Topping ends year in line with expectations

(Sharecast News) - Professional and financial services company Frenkel Topping reported "excellent" progress in 2021 in a trading update on Tuesday, driven by organic growth, high levels of new business, and complementary strategic acquisitions.

Read more
10 Jan 2022 19:34

TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise

TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise

Read more
10 Jan 2022 13:23

Frenkel Topping acquires Cardinal Management for initial £5m payment

(Sharecast News) - Professional and financial services company Frenkel Topping announced the acquisition of Cardinal Management on Monday, for a total possible consideration of £10m in cash.

Read more
18 Nov 2021 22:03

TRADING UPDATES: FW Thorpe "up and down"; GB Group ties up US merger

TRADING UPDATES: FW Thorpe "up and down"; GB Group ties up US merger

Read more
12 Oct 2021 14:19

DIRECTOR DEALINGS: Nat Rothschild buys GBP250,000 in Volex shares

DIRECTOR DEALINGS: Nat Rothschild buys GBP250,000 in Volex shares

Read more
20 Sep 2021 12:02

TRADING UPDATES: Christie Group and Open Orphan swing to profit

TRADING UPDATES: Christie Group and Open Orphan swing to profit

Read more
20 Sep 2021 08:58

Frenkel Topping revenue, earnings surge in first half

(Sharecast News) - Personal injury and clinical negligence financial and professional services company Frenkel Topping reported a 93% improvement in its interim revenue on Monday, to £8.5m.

Read more
13 Sep 2021 16:11

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.