Director/PDMR Shareholding

RNS Number : 9745R

Frenkel Topping Group PLC

15 December 2016

 

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)	Price(s) Volume(s) 52.5p 7,500,000
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: [phone]
Julie Dean, Chief Financial Officer
finnCap Ltd	Tel: [phone]
Adrian Hargrave / James Thompson / Alex Price
Tony Quirke
Walbrook PR Ltd	Tel: [phone] or [e-mail]
Paul McManus	Mob: [phone]
Nick Rome	Mob: [phone]

 

END

 

 

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