Frenkel Topping Group plc (LON: FEN) announced today that, pursuant to the share buy-back programme being conducted, as announced on 22 November 2018, on 12 December 2018, the Company purchased 12,576 ordinary shares of £0.005 each in the capital of the Company at a price per Ordinary Share of 27.99 pence by finnCap Ltd.
Total Voting Rights
Following the Transaction, the issued share capital of the Company remains unchanged at 78,657,349. The total voting rights in the Company is now 75,589,773 with 3,067,576 Ordinary Shares held in Treasury. The figure of 75,589,773 may be used by shareholders 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 Company.
Frenkel Topping Group provides specialist independent financial advice focussed on asset protection for clients. The specialist independent financial adviser has a market leading position providing advice and fund management services for personal injury trusts and clinical negligence awards and is well placed to provide services to a wider customer base.
The Company provides a range of wealth management services including bespoke investment portfolios, personal and corporate financial advice and tax planning. It is focused on increasing its assets under management by continued growth of the business by an increase in the number of highly qualified fee earners for the provision of its industry leading specialisms. It has a national presence with offices in Manchester, Birmingham, Cardiff, London and Leeds and has relationships and infrastructure in place to further grow its reach and target markets.