Frenkel Topping Group plc
("Frenkel Topping", the "Company" or the "Group")
Director/PDMR Shareholding
Frenkel Topping Group (AIM: FEN), a specialist professional and financial services firm focused on asset protection for clients, announces that Harwood Capital LLP as investment manager to North Atlantic Smaller Companies Investment Trust plc ("NASCIT") had purchased 350,000 ordinary shares of 0.5p each in the capital of the Company ("Ordinary Shares"), at a price of 54 pence per Ordinary Share (the "Purchase"), Christopher Mills, Non-executive Director of the Company and a director of NASCIT, is now interested in 38,350,000 Ordinary Shares of the Company, representing approximately 29.96 per cent. of the Company's issued share capital.
For further information:
| Frenkel Topping Group plc | |
| 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 (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
| Harwood Capital LLP as investment manager to NASCIT.
| |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Harwood Capital LLP and NASCIT are PCAs of Christopher Mills, Non-Executive Director of Frenkel Topping plc | |||
| 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 financial instrument, type of instrument | Ordinary shares of £0.05 each | |||
| | | ||||
| Identification code | GB00B01YXQ71
| ||||
| | | ||||
| b)
| Nature of the transaction
| Share purchase | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £0.54 | 350,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 350,000 | ||||
| | | ||||
| - Price | £189,000 | ||||
| | | ||||
| e)
| Date of the transaction
| 25 August 2023 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
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