28 July 2023

FRP Advisory Group plc

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

PDMR Dealing

FRP Advisory Group plc, a leading national specialist business advisory firm, has been notified that, on 28 July 2023, Gavin Jones, the Chief Financial Officer of the Company, exercised nil cost options over 146,044 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 68,882 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 145,343 Ordinary Shares representing 0.06 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

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

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.