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Spread: 2.00 (4.082%)
Market Cap: £61.45m
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Transaction in Own Shares

18 Dec 2017 07:00

RNS Number : 5739Z
Frenkel Topping Group PLC
18 December 2017
 

 

 

Frenkel Topping Group plc

("Frenkel Topping" or "the Company")

 

Transaction in Own Shares

 

Frenkel Topping Group plc (AIM: FEN) announces that on 15 December 2017, it purchased 40,000 ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") from finnCap Ltd at 57.2632 pence per share (the "Transaction").

The Ordinary Shares which have been purchased by the Company will be held in treasury. Following the Transaction, the Company holds 3,040,000 Ordinary Shares in treasury and has 75,617,349 Ordinary Shares in issue, excluding those held in treasury.

Therefore the total number of voting rights in the Company is 75,617,349 which may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

This announcement contains inside information.

For further information:

Frenkel Topping Group plc

Paul Richardson, Executive Chairman

Richard Fraser, Chief Executive Officer

www.frenkeltopping.co.uk

Tel: 0161 886 8000

Stephen Bentley, Finance Director

Mark Holt, Commercial Director

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, Cardiff, London and Leeds and has relationships and infrastructure in place to further grow its reach and target markets.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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