AIM Rule 17 Update.

FRP Advisory Group plc

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

AIM Rule 17 Update

FRP Advisory Group plc, a leading national specialist business advisory firm, announces the following information relating to directors' disclosures under Schedule Two, paragraph (g) of the AIM Rules for Companies.

On 28 November 2023, David Chubb, through a role that is independent to his position at FRP, was appointed to be a director of a number of companies within the Burrington Estates Group (the "Burrington Group") in order to assist with closing the business down.

Burrington Estates (Clifton Road Deddington) Ltd was placed into administration on 14 February 2025, and the following other businesses within the Burrington Group entered into creditor's voluntary liquidations ("CVL") between 3 February 2025 and 28 February 2025:

Enquiries:

FRP Advisory Group plc

Geoff Rowley, CEO

Jeremy French, COO

Gavin Jones, CFO

Enquiries via MHP

Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)

Katy Birkin / Stephen Keys / George Lawson (Corporate Finance)

Tel: +44 (0) 207 220 0500

Berenberg (Joint Broker)

Toby Flaux / James Thompson / Smruthya Ganeshram

+44 (0)20 3207 7800

MHP (Financial Public Relations)

Oliver Hughes

Eleni Menikou

Lexi Iles

Tel: +44 (0) 7701 308 818

FRP@mhpgroup.com 

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