Last checked at 31 Jul 2020 16:18
THE PROPERTY FRANCHISE GROUP PLC
(the "Company" or the "Group")
Director's Dealing
The Company announces that Richard Martin, Chairman, has sold 850,000 ordinary shares of 1p each in the Company at a price of 173.25p per share. Following this transaction, Richard has a total beneficial interest in 8,039,950 ordinary shares in the Company, including shares held by his wife, representing approximately 31.14 per cent. of the 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
| Richard Martin | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chairman | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
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 1p
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 | ||||
e)
| Date of the transaction
| 31 July 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange (AIM) | ||||
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For further information, please contact:
The Property Franchise Group PLC Gareth Samples, Chief Executive Officer David Raggett, Chief Financial Officer | 01202 292829
| |
Cenkos Securities plc Max Hartley (Nominated Adviser) Julian Morse (Sales) | 0207 397 8900
| |
Alma PR Susie Hudson Justine James Harriet Jackson
| 0203 405 0205 propertyfranchise@almapr.co.uk | |
About The Property Franchise Group PLC:
The Property Franchise Group PLC (AIM: TPFG) is one of the largest property franchises in the UK.
The Company was founded in 1986 and has since grown to a diverse portfolio of six brands operating throughout the UK, comprising longstanding high-street brands and a hybrid, no sale no fee agency.
The Property Franchise Group's brands include:
· Martin & Co: a national lettings focused brand
· EweMove: a national, digitally enabled, hybrid sales and lettings brand
· CJ Hole: a full-service estate agency serving the West Country for 151 years
· Ellis & Co: a full-service estate agency serving London for 168 years
· Parkers: a full-service estate agency serving the M4 corridor for 70 years
· Whitegates: a full-service estate agency serving the Midlands and North of England for 40 years
Headquartered in Bournemouth, UK, the Company was listed on AIM on the London Stock Exchange in 2013. More information is available at www.propertyfranchise.co.uk