TIDMFEN

RNS Number : 4512B

Frenkel Topping Group PLC

03 October 2022

Frenkel Topping Group plc

("Frenkel Topping" or "the Company")

Director/PDMR Dealing

Frenkel Topping Group (AIM: FEN), a specialist professional and financial services firm operating in the Personal Injury and Clinical Negligence space, announces that Richard Fraser, Chief Executive Officer, has exercised and subsequently sold options over 250,000 Ordinary Shares in the Company at a price of 60 pence per ordinary share, in order to fund a property transaction. The share options were held in the Company's Employee Benefit Trust ("EBT") and the exercise price was 0.5p.

Following the sale of these shares Richard Fraser and persons closely associated ("PCAs") to him holds 1,895,907 Ordinary Shares of the Company, representing approximately 1.68 per cent. of the Company's issued share capital and Richard Fraser retains 2,750,000 share options in the Company pursuant to the exercise and sale.

The EBT held 5,564,683 Ordinary Shares prior to the option exercise and following the transaction the EBT holds 5,314,683 Ordinary Shares.

For further information:

 
 Frenkel Topping Group plc                   www.frenkeltoppinggroup.co.uk 
 Richard Fraser, Chief Executive Officer     Tel: 0161 886 8000 
 
 finnCap Ltd (Nominated Advisor & Broker)    Tel: 020 7220 0500 
 Carl Holmes/Abigail Kelly/Milesh Hindocha 
  (Corporate Finance) 
  Tim Redfern / Richard Chambers (ECM)

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                             Richard Fraser 
     -------------------------------  ----------------------------------------- 
 2.   Reason for the Notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
     -------------------------------  ----------------------------------------- 
 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                              213800I5L3K7AT7A4R20 
     -------------------------------  ----------------------------------------- 
 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               Ordinary Shares 
       Financial instrument, 
       type of instrument 
      Identification code              GB00B01YXQ71 
     -------------------------------  ----------------------------------------- 
 b)   Nature of the transaction        Sale of Ordinary Shares 
     -------------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)            Volume(s)   Prices (pence) 
                                         250,000     60 pence 
                                                    --------------- 
     -------------------------------  ----------------------------------------- 
 d)        Aggregated information: 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  ----------------------------------------- 
 e)   Date of the transaction          30 September 2022 
     -------------------------------  ----------------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM Market (XLON) 
     -------------------------------  -----------------------------------------

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END

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October 03, 2022 02:00 ET (06:00 GMT)

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