Last checked at 15 Dec 2016 12:02
Frenkel Topping Group plc
("Frenkel Topping" or the "Company")
Director/ PDMR Dealing
Frenkel Topping Group plc (AIM: FEN) announces that FCFM Group Limited, of which Jason Granite, Executive Chairman and Chief Investment Officer of the Company, is a director and shareholder, has sold 7,500,000 ordinary shares of 0.5p each in the capital of the Company ("Ordinary Shares") at a price of 52.5 pence per Ordinary Share. The shares were sold to Oryx International Growth Fund Limited.
Following the above transaction, Jason Granite is beneficially interested in 5,893,404 Ordinary Shares, representing approximately 7.7% 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.
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 | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: Aggregated volume Price |
7,500,00 Ordinary Shares of 0.5p pence sold at 52.5 pence per Ordinary Share | ||||
e) | Date of the transaction | 14 December 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
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 |