Property Franchise Group PLC (The) Replacement: Grant of Options (0534E)
02 Julio 2021 - 7:45AM
UK Regulatory
TIDMTPFG
RNS Number : 0534E
Property Franchise Group PLC (The)
02 July 2021
The following amendment has been made to the 'Grant of Options'
announcement released on 02 July at 10:00am under RNS No 9904D:
Correction in the first table to indicate Nick Neill's position
as Managing Director of EweMove, which previously read Managing
Director of Hunters.
All other details remain unchanged. The full amended text is
shown below.
02 July 2021
THE PROPERTY FRANCHISE GROUP PLC
(the "Company" or the "Group")
Grant of Options
Further to its announcement on 27 April 2021 regarding the
proposed issuance of additional options, the Company announces that
it has granted options over 425,500 ordinary shares in the Company
("Options") to certain employees and persons discharging managerial
responsibilities ("PDMRs") under the TPFG Share Option Plan. The
grants made to PDMRs are as follows:
PDMR Position Options granted (maximum
number of shares subject
to award)
Glynis Frew Executive Director 50,000
---------------------- --------------------------
Managing Director of
Nick Neill EweMove 46,500
---------------------- --------------------------
These nil cost options are subject to the same performance
conditions and targets as set for the Company's Chief Executive
Officer and Chief Financial Officer and detailed in the 27 April
2021 announcement.
Following these grants, the Company has a total of 1,825,500
ordinary shares under option.
Further detail is provided below in accordance with Article 19.3
of the UK Market Abuse Regulation.
Details of the person discharging managerial responsibilities/person
1 closely associated.
--------------------------------------------------------------------------------------------------------
a) Name: Glynis Frew Nick Neill
------------------------------ ---------------------- ---------- ---------------------------------
2 Reason for notification.
-------------------------------- ---------------------- ---------- --------------------- ----------
a) Position/Status: Executive Director Managing Director EweMove
------------------------------- ---------------------------------- ---------------------------------
b) Initial Notification/Amendment: Initial Notification Initial Notification
-------------------------------- ---------------------------------- ---------------------------------
Details of the issuer, emission allowance market participation,
3 auction platform,
auctioneer or
auction monitor.
-------------------------------- ---------------------- ---------- --------------------- ----------
a) Name: The Property Franchise The Property Franchise
Group PLC Group PLC
------------------------------ ---------------------------------- ---------------------------------
b) LEI: 2138008J5PTJ8C77I535 2138008J5PTJ8C77I535
------------------------------ ---------------------- ---------- --------------------- ----------
Details of transaction(s);section to berepeated for (i) each
4 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 Ordinary Shares of
the financial
instrument:
1p each 1peach
Identification ISIN: GB00BH0WFH67 ISIN: GB00BH0WFH67
code:
------------------------------- ---------------------------------- ---------------------------------
b) Nature of transaction: Grant of nil cost options Grant of nil cost options
over Company's shares over Company's shares
------------------------------ ---------------------------------- ---------------------------------
c) Price(s) and Price(s) Volume(s) Price(s) Volume(s)
volume(s)
---------- ----------
1p each 50,000 1p each 46,500
---------- ----------
d) Aggregated n/a n/a
volume:
Price: n/a n/a
--------------------------------- ------------------------ ---------- --------------------- ----------
e) Date of Transaction: 02 July 2021 02 July 2021
------------------------------- ---------------------------------- ---------------------------------
f) Place of the Outside a trading venue Outside a trading venue
Transaction
-------------------------------- ---------------------------------- ---------------------------------
For further information, please contact:
The Property Franchise Group PLC
Gareth Samples, Chief Executive Officer
David Raggett, Chief Financial Officer 01202 405549
Cenkos Securities plc (Nominated Adviser and Broker)
Katy Birkin, Callum Davidson
Julian Morse, Alex Pollen, Dale Bellis (Sales) 0207 397 8900
Alma PR
Susie Hudson
Justine James
Harriet Jackson 0203 405 0209
About The Property Franchise Group PLC:
The Property Franchise Group PLC (AIM: TPFG) is the largest
property franchisor in the UK and manages the second largest estate
agency network and portfolio of lettings properties in the UK.
The Company was founded in 1986 and has since grown to a diverse
portfolio of nine brands operating throughout the UK, comprising
longstanding high-street focused brands and a hybrid, no sale no
fee agency.
The Property Franchise Group's brands are Martin & Co,
EweMove, Hunters, CJ Hole, Ellis & Co, Parkers, Whitegates,
Mullucks & Country Properties.
Headquartered in Bournemouth, UK, the Company was listed on AIM
on the London Stock Exchange in 2013. More information is available
at www.propertyfranchise.co.uk
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