Property Franchise Group PLCLSE: TPFG

Grant of Options to PDMR

· Issued by Property Franchise Group PLC
RNS Number : 7254O
Property Franchise Group PLC (The)
31 January 2019
 

The Property Franchise Group PLC

("TPFG", the "Company" or the "Group")

Grant of Options to PDMR

The Company announces that Christopher Varley, a person discharging managerial responsibility (PDMR), has been granted a nil-cost option under the TPFG Share Option Plan over 20,000 shares which will vest subject to the satisfaction of the same performance target as referred to in the Company's announcement dated 1 August 2018.

Further detail is provided below in accordance with Article 19.3 of the EU Market Abuse Regulation.

Details of the person discharging managerial responsibilities / person closely associated

Name

Christopher Varley

Reason for the notification

Position/status

PDMR - Company Secretary

Initial notification /Amendment

Initial

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

The Property Franchise Group PLC

LEI

2138008J5PTJ8C77I535

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

Description of the financial instrument, type of instrument

Identification code

Options over ordinary shares of 1 penny each

ISIN: GB00BH0WFH67

Nature of the transaction

Grant of nil cost options

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

20,000

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

Date of the transaction

31 January 2019

Place of the transaction

Outside a trading venue

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

Susie Hudson 

Jessica Joynson

0203 405 0205


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