Property Franchise Group PLC (The) Director Shareholding and Issue of Equity (0554H)
June 02 2017 - 9:02AM
UK Regulatory
TIDMTPFG
RNS Number : 0554H
Property Franchise Group PLC (The)
02 June 2017
THE PROPERTY FRANCHISE GROUP PLC
(the 'Company' or the 'Group')
Director Shareholding and Issue of Equity
The Property Franchise Group PLC, one of the UK's largest
property franchises, announces that David Raggett, Chief Financial
Officer, has exercised his option over 192,400 ordinary shares of
1p each in the Company at a price of 17.64 pence per share. These
options were granted under the Company's Enterprise Management
Incentive Share Option Plan.
An application has been made for 192,400 new ordinary shares to
be admitted to trading on AIM ("Admission"). It is expected that
Admission will occur on 9 June 2017.
Following Admission, the Company will have 25,822,750 ordinary
shares in issue admitted to trading on AIM. This figure may be used
by shareholders as the denominator by which they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA 's Disclosure and Transparency Rules.
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and their Closely Associated Persons
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------------
a) Name
David Raggett
--- ------------------------- --------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status Chief Financial Officer
--- ------------------------- --------------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------- --------------------------------------
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 Ordinary shares of 1 penny
the financial each
instrument, type
of instrument
ISIN: GB00BH0WFH67
Identification
code
--- ------------------------- --------------------------------------
b) Nature of the Exercise of options
transaction
--- ------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------ ----------
17.64p per
share 192,400
------------ ----------
--- ------------------------- --------------------------------------
d) Aggregated information
N/A - single transaction
- Aggregated volume
- Price
--- ------------------------- --------------------------------------
e) Date of the transaction 2 June 2017
--- ------------------------- --------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- --------------------------------------
Ends
For further information, please contact:
The Property Franchise Group PLC 01202 292829
Ian Wilson, Chief Executive Officer
David Raggett, Chief Financial Office
Cenkos Securities plc 0207 397 8925
Max Hartley(Nomad) ,Alex Aylen (Sales)
Bell Pottinger 020 3772 2500
David Rydell, Henry Lerwill
This information is provided by RNS
The company news service from the London Stock Exchange
END
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