24 March 2023

FRP Advisory Group plc

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

PDMR Dealings and Total Voting Rights

FRP Advisory Group plc, a leading national specialist business advisory firm, announces that on 24 March 2023, Nigel Guy, David Adams and David Chubb, non-executive directors of the Company, exercised the options granted to them on the Company's IPO in respect of a total of 137,500 ordinary shares of 0.1p each in the Company ("Option Shares") at nominal value. Further details are set out below.

Application has been made for the Option Shares to be admitted to trading on AIM ("Admission"). Admission is expected to become effective on [30] March 2023 and the Option Shares will, on issue, rank pari passu in all respects with the Company's existing Ordinary Shares. 

Following Admission, the Company will have 249,401,058 Ordinary Shares in issue, each with voting rights, which figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. The Company does not hold any Ordinary Shares in treasury.

On Admission, the relevant directors' shareholdings will be as follows:

Enquiries:

FRP Advisory Group plc  

Geoff Rowley, CEO

Jeremy French, COO

Gavin Jones, CFO

Enquiries via MHP

Cenkos Securities plc (Nominated Adviser and Joint Broker)

Katy Birkin/Max Gould (Corporate Finance)

Alex Pollen (Sales)

Tel: +44 (0) 207 397 8900

Investec Bank plc (Joint Broker)

Carlton Nelson / James Rudd (Corporate Broking)

Tel: +44 (0) 207 597 4000

MHP Group (Financial Public Relations)

Oliver Hughes

Charlie Barker

Pete Lambie

Tel: +44 (0) 3128 8540 / +44 (0) 20 3128 8570

[email protected] 

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, alongside its lender services, financial modelling, valuations, pensions and company-side advisory services.