Business
Employee Benefit Trust Purchase
Employee Benefit Trust Purchase.
About this update from Frenkel Topping Group Plc
[{"type":"text","content":"\n \nRNS Number : 0621Y Frenkel Topping Group PLC 01 December 2017 \n\n \n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014\n \nFrenkel Topping Group plc\n(\"Frenkel Topping\" or the \"Group\")\n \nEmployee Benefit Trust Purchase\n \nFrenkel Topping (AIM: FEN), a specialist independent financial advisor and asset manager focused on asset protection for vulnerable clients announces that its Employee Benefit Trust (\"EBT\") purchased 50,000 ordinary shares of 0.5p each in the Company (\"Ordinary Shares\") at a price of 53.5 pence per Ordinary Share on 30 November 2017. \n \nFollowing the transaction, the EBT is interested in 3,178,016 Ordinary Shares, representing 4.04 per cent of the Company's total issued share capital.\n \nThe EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries, who have been granted share options. The Executive Directors of the Company are included in the class of potential beneficiaries of the EBT and are deemed to be interested in those shares and the dealings thereof.\n \nEnquiries:\n \n\n\n\n\nFrenkel Topping\nPaul Richardson, Executive Chairman\nRichard Fraser, Chief Executive Officer\nStephen Bentley, Chief Finance Officer\n \n\n\nwww.frenkeltopping.co.uk\nTel: 0161 886 8000\n\n\n\n\nfinnCap Limited \nAdrian Hargrave/ James Thompson/ Alex Price (Corporate Finance)\nTony Quirke (Corporate Broking)\n \n\n\nTel: 020 7220 0500\n\n\n\n\nWalbrook PR Limited\nPaul McManus/ Nick Rome \n\n\nTel: 020 7933 8780 or\[email protected]\n \n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END HOLBMBRTMBAJBRR\n ","length":4143,"tagName":"div"}]