Director/PCA Dealings

RNS Number : 9150X
Property Franchise Group PLC (The)
02 May 2019
 

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)

 

 

 

Price(s)

 

Volume(s)

147.75 p per share (net of commissions)

 

1,300,000

 

 

 

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


 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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