TPFG Announces New Share Issuance and Director Dealings

The Property Franchise (GB:TPFG) has released an update.

The Property Franchise Group PLC, the UK’s leading multi-brand property franchisor, announced the issuance of 1,423,500 new ordinary shares following the exercise of options under the company’s Share Option Schemes from 2021, with two executive directors among the employees participating. Post-transaction, the company’s total issued share capital on AIM will be 63,752,008 ordinary shares. The shares were issued at an exercise price of 1p each, and some were sold to the employee benefit trust to cover PAYE tax liabilities.

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