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RNS Number : 8677Y FRP Advisory Group PLC 01 August 2024
1 August 2024
FRP ADVISORY GROUP PLC
("FRP", the "Group" or the "Company")
PDMR Dealing
FRP Advisory Group plc, a leading national specialist business advisory firm,
has been notified that, on 31 July 2024, Gavin Jones, Chief Financial Officer
of the Company, exercised nil cost options over 111,593 ordinary shares of
0.1p each in the Company ("Ordinary Shares"). These options were satisfied
using Ordinary Shares held in the Company's Employee Benefit Trust. Mr Jones
sold 52,633 of the resulting Ordinary Shares to satisfy personal income tax
and national insurance liabilities arising on the option exercise. Following
completion of these transactions, Mr Jones beneficially holds 204,303 Ordinary
Shares representing 0.08 per cent. of the Company's issued share capital.
The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.
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 (mailto: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 Gavin Jones
2 Reason for notification
a. Position/Status Chief Financial Officer
b. Initial notification/ Initial Notification
Amendment
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 Ordinary shares of £0.001 each
Identification Code
GB00BL9BW044
b. Nature of the transaction Exercise of Share Options
c. Price(s) and volume(s) Price(s) Volume(s)
Nil 111,593
d. Aggregated information N/A
- Aggregated Volume
- Price
e. Date of the transaction 31 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/ Initial Notification
Amendment
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 Ordinary shares of £0.001 each
Identification Code
GB00BL9BW044
b. Nature of the transaction Sale of Ordinary Shares
c. Price(s) and volume(s) Price(s) Volume(s)
£1.29 52,633
d. Aggregated information N/A single transaction
- Aggregated Volume N/A single transaction
- Price N/A single transaction
e. Date of the transaction 31 July 2024
f. Place of the transaction XLON - AIM
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