Exercise of Options, Awards, PDMR Shareholdings
The Property Franchise Group PLC announced that its Chief Executive Officer, Gareth Samples, exercised 109,107 options under the 2023 Scheme at an exercise price of 1p per share, resulting in a net acquisition of 57,723 ordinary shares. Following this transaction, Mr. Samples' total holding in the company's issued share capital is 683,374 shares, representing 1.07% of the total issued share capital. These options vested and were exercised due to the full achievement of set targets.
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The Property Franchise Group Plc (LON:TPFG) the UK's largest multi-brand property franchisor announces that options are being exercised by a PDMR in the Company, with shares being transferred to the PDMR from the Company's Employee Benefit Trust. These options vested and were exercised pursuant to the Company's Share Option Schemes issued in 2023 ("2023 Scheme") and recognise the full achievement of the targets set.
The executive who exercised options and to whom a share award has been made under the 2023 Scheme is as follows:
| PDMR | Role | Number of options exercised | Exercise price per Share (Share Option Schemes) | Number of Ordinary Shares received pursuant to the exercise* | Total resultant holding in Company's issued share capital | Total resultant percentage holding of issued share capital |
|---|---|---|---|---|---|---|
| Gareth Samples | Chief Executive Officer | 109,107 | 1p | 57,723 | 683,374 | 1.07% |
* The options have been exercised on a net settlement basis, after deductions for exercise price, income tax and national insurance contributions.
PDMR Shareholdings
Details of the person discharging managerial responsibilities / person closely associated
| Name | Gareth Samples |
| Reason for the notification | |
| Position/status | Chief Executive Officer |
| Initial notification /Amendment | Initial |
| Name | The Property Franchise Group plc |
| LEI | 2138008J5PTJ8C77I535 |
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1 penny each ISIN: GB 00BH0WFH67 |
| Nature of the transaction | (i) Exercise of Options, with shares being delivered on a net settlement basis after giving effect to the exercise price of the options, tax and national insurance obligations |
| Price(s) and volume(s) | Price(s) Volume(s) 1p Total of 109,107 options exercised. Net shares delivered to Gareth Samples 57,723 ordinary shares |
| Aggregated information - Aggregated volume - Price | N/A - single transaction |
| Date of the transaction | 1 May 2026 |
| Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.