Last checked at 2 May 2019 12:21
The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.
The Property Franchise Group PLC
("TPFG", the "Company" or the "Group")
Director/PCA Dealings
The Company has today been informed that Kathryn Martin, wife of Richard Martin, Chairman of TPFG, yesterday sold 1,300,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a gross price of 150.0p per share (before commissions). Following this sale, Richard and his wife have a total interest in 8,889,950 Ordinary Shares, representing, in total, approximately 34.43 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
|
Kathryn Martin | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Person closely associated with Richard Martin, Chairman of The Property Franchise Group PLC | ||||
b)
| Initial notification /Amendment
| Initial | ||||
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 financial instrument, type of instrument
Identification code
| Ordinary shares of 1 penny each
ISIN: GB00BH0WFH67
| ||||
b)
| Nature of the transaction
| Sale of ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A - single transaction
| ||||
e)
| Date of the transaction
| 1 May 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 Rebecca Sanders-Hewett Jessica Joynson Susie Hudson |
0203 865 9667 | |