Property Franchise Group PLC (The) Director/PDMR Shareholding (Replacement) (5512Q)

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RNS Number : 5512Q

Property Franchise Group PLC (The)

06 June 2018

The following amendment has been made to the Director's Dealing announcement released on 6 June 2018 at 2:19 pm under RNS No 5333Q.

The Company wishes to clarify that the sale of shares was undertaken by Kathryn Martin, wife of and person closely associated with Richard Martin.

All other details remain unchanged.

The full amended text is shown below.

The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

The Property Franchise Group PLC

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

Director/PCA Dealings

The Company has been informed that Kathryn Martin, wife of Richard Martin, Chairman, today sold 810,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 138.6p per share. Following this sale, Richard and his wife have a total interest in 10,189,950 Ordinary Shares, representing, in total, approximately 39.5 per cent. of the Company's issued share capital.

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

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name 
                                   Kathryn Martin 
---  -------------------------  -------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status            Person closely associated 
                                  with Richard Martin, Chairman 
                                  of The Property Franchise 
                                  Group PLC 
---  -------------------------  -------------------------------------- 
 b)   Initial notification       Amendment 
       /Amendment 
---  -------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                       The Property Franchise Group 
                                  PLC 
---  -------------------------  -------------------------------------- 
 b)   LEI                        2138008J5PTJ8C77I535 
---  -------------------------  -------------------------------------- 
 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                        Ordinary shares of 1 penny 
       the financial                         each 
       instrument, type 
       of instrument 
                                             ISIN: GB00BH0WFH67 
       Identification 
       code 
---  -------------------------  -------------------------------------- 
 b)   Nature of the              Sale of ordinary shares 
       transaction 
---  -------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)       Volume(s) 
                                   -------------  ---------- 
                                    138.6 p per 
                                     share         810,000 
                                   -------------  ---------- 
---  -------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume         N/A - single transaction 
 
 
       - Price 
---  -------------------------  -------------------------------------- 
 e)   Date of the transaction    6 June 2018 
---  -------------------------  -------------------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  --------------------------------------

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)    0207 397 
  Julian Morse (Sales)                                 8900 
 Alma PR 
  Josh Royston 
  Rebecca Sanders-Hewett                                0203 865 
  Susie Hudson                                          9667

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 06, 2018 11:03 ET (15:03 GMT)

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