FEN Frenkel Topping Group Plc

TIDMFEN

RNS Number : 0621Y

Frenkel Topping Group PLC

01 December 2017

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

Frenkel Topping Group plc

("Frenkel Topping" or the "Group")

Employee Benefit Trust Purchase

Frenkel 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.

Following 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.

The 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.

Enquiries:

 
 Frenkel Topping                     www.frenkeltopping.co.uk 
  Paul Richardson, Executive          Tel: 0161 886 8000 
  Chairman 
  Richard Fraser, Chief Executive 
  Officer 
  Stephen Bentley, Chief Finance 
  Officer 
 finnCap Limited                     Tel: 020 7220 0500 
  Adrian Hargrave/ James Thompson/ 
  Alex Price (Corporate Finance) 
  Tony Quirke (Corporate Broking) 
 Walbrook PR Limited                 Tel: 020 7933 8780 
  Paul McManus/ Nick Rome             or 
                                      frenkeltopping@walbrookpr.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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