THE PROPERTY FRANCHISE GROUP PLC
(the 'Company' or the 'Group')
Director Shareholding
Further to a recent exercise of options, as announced by the Company on 6 April 2017, David Raggett, Chief Financial Officer, has on 24 May 2017 sold 150,000 ordinary shares of 1p each in the Company at a price of 154.535p per share. Following this sale, David Raggett remains interested in 25,000 ordinary shares in the Company, representing approximately 0.1 per cent of its issued ordinary share capital. Further information is set out below.
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
David Raggett |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer |
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b) |
Initial notification /Amendment |
Initial |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
The Property Franchise Group PLC |
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b) |
LEI |
2138008J5PTJ8C77I535 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 1 penny each ISIN: GB00BH0WFH67 |
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b) |
Nature of the transaction |
Sale |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
N/A - single transaction |
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e) |
Date of the transaction |
24 May 2017 |
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f) |
Place of the transaction |
London Stock Exchange (XLON) |
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The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.
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