Property Franchise Group PLC (The) Director/PCA Dealings (9150X)
May 02 2019 - 7:21AM
UK Regulatory
TIDMTPFG
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 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 the Ordinary shares of 1 penny each
financial instrument,
type of instrument
ISIN: GB00BH0WFH67
Identification code
-------------------------- -------------------------------------------
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 N/A - single transaction
- Price
-------------------------- -------------------------------------------
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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