3 July 2024
FRP Advisory Group
plc
("FRP",
"the Company" or the "Group")
PDMR
Dealing
FRP Advisory Group plc, a leading
national specialist business advisory firm, announces that on 2
July 2024, the Company formally completed the grant of options over
1,598,275 Ordinary Shares, representing 0.6% of the current issued
share capital of the company to 183 employees under a Save As You
Earn ("SAYE") scheme. The SAYE scheme was offered to all FRP
employees. 35,810 of these SAYE options were granted to Geoffrey
Rowley, Chief Executive Officer and Gavin Jones, Chief Financial
Officer. Further details of those grants are set out
below.
The grants were made pursuant to
applications made prior to the MAR mandatory results closed
period.
Enquiries:
FRP
Advisory Group plc
Geoff Rowley, CEO
Jeremy French, COO
Gavin Jones, CFO
Enquiries via MHP
Cavendish Capital Markets Limited (Nominated Adviser and Joint
Broker)
Katy Birkin/Stephen Keys/George
Lawson (Corporate Finance)
Tel: +44 (0) 207 220 0500
Investec Bank plc (Joint Broker)
Carlton Nelson / James Rudd
(Corporate Broking)
Tel: +44 (0) 207 597 4000
MHP
Group (Financial Public Relations)
Oliver Hughes
Eleni Menikou
Catherine Chapman
Tel: +44 (0)7711 191518
FRP@mhpgroup.com
Notes to Editors
FRP is a leading national specialist
business advisory firm established in 2010. It offers a range of
advisory services to companies, lenders, investors and other
stakeholders, as well as individuals. These services
include:
· Restructuring advisory: corporate financial advisory, formal
insolvency appointments, informal restructuring advisory, personal
insolvency and general advice to all stakeholders.
· Corporate finance: mergers & acquisitions (M&A),
strategic advisory and valuations, financial due diligence, capital
raising, special situations M&A and partial exits.
· Debt
advisory: raising and refinancing debt, debt amendments and
extensions, restructuring debt, asset-based lending and corporate
and leveraged debt advisory.
· Forensic services: forensic investigations, compliance and
risk advisory, dispute services and forensic technology.
· Financial advisory: transaction services including financial
due diligence, lender services, financial modelling, valuations,
pensions and company-side advisory services.
NOTIFICATION AND PUBLIC
DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH
THEM
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name of PDMR
|
Geoffrey Rowley
|
|
2
|
Reason for notification
|
|
a.
|
Position/Status
|
Chief Executive Officer
|
|
b.
|
Initial notification/
Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
FRP Advisory Group plc
|
|
b.
|
LEI
|
213800IPCG6DE1CVLY36
|
|
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 financial
instrument, type of instrument
Identification Code
|
Ordinary shares of £0.001
each
GB00BL9BW044
|
|
b.
|
Nature of the transaction
|
Issue of SAYE share
options
|
|
c.
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
£1.036
|
17,905
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
N/A
|
|
e.
|
Date of the transaction
|
2 July 2024
|
|
f.
|
Place of the transaction
|
Off market
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name of PDMR
|
Gavin Jones
|
|
2
|
Reason for notification
|
|
a.
|
Position/Status
|
Chief Financial Officer
|
|
b.
|
Initial notification/
Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
FRP Advisory Group plc
|
|
b.
|
LEI
|
213800IPCG6DE1CVLY36
|
|
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 financial
instrument, type of instrument
Identification Code
|
Ordinary shares of £0.001
each
GB00BL9BW044
|
|
b.
|
Nature of the transaction
|
Issue of SAYE share
options
|
|
c.
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
£1.036
|
17,905
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
N/A
|
|
e.
|
Date of the transaction
|
2 July 2024
|
|
f.
|
Place of the transaction
|
Off market
|