3 March 2022

FRP ADVISORY GROUP PLC

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

Q3 2022 Dividend Declaration

In line with FRP's quarterly dividend policy, the Board has declared an interim dividend of 0.8p per eligible share in relation to the Company's third quarter which ended on 31 January 2022. The ex-dividend date is 19 May 2022, the record date is 20 May 2022 and the payment date is 17 June 2022.

This takes the total dividend for the first three quarters of the current financial year ending 30 April 2022 to 2.4p per eligible share (Q1 2022: 0.8p; Q2 2022: 0.8p).

The Group expects to give a full year trading update in mid-May 2022.

Enquiries:

FRP Advisory Group plc                                                                     

Geoff Rowley, CEO

Jeremy French, COO

Gavin Jones, CFO

Enquiries via MHP

Cenkos Securities plc (Nominated Adviser and Sole Broker)

Katy Birkin/Max Gould (Corporate Finance)

Alex Pollen (Sales)

Tel: +44 (0) 207 397 8900

MHP Communications (Financial Public Relations)

Oliver Hughes

Charlie Barker

Pete Lambie

Tel: +44 (0) 20 3128 8570

FRP@mhpc.com 

Notes to Editors

FRP is a professional services firm established in 2010 which 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 and 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.

·      Pensions advisory: pension scheme transaction advisory, pension scheme restructuring advisory, covenant advisory and corporate governance