REG - Franchise Brands PLC - Holding(s) in Company
RNS Number : 8061NFranchise Brands PLC22 May 2020Franchise Brands plc
("Franchise Brands", or the "Company" or "Group")
Holding in Company
Franchise Brands (AIM: FRAN), a multi-brand franchise business, has been informed that Netcap Limited no longer has a notifiable interest in the total voting rights of the Company, as a result of its shares being transferred to two separate legal entities.
Enquiries:
Franchise Brands plc
+ 44 (0) 1625 813231
Stephen Hemsley, Executive Chairman
Chris Dent, Chief Financial Officer
Julia Choudhury, Corporate Development Director
Allenby Capital Limited (Nominated Adviser and Joint Broker)
+44 (0) 203 328 5656
Jeremy Porter / Liz Kirchner / Nicholas Chambers
Dowgate Capital Limited (Joint Broker)
+44 (0) 203 903 7715
James Serjeant / Colin Climie
MHP Communications (Financial PR)
+44 (0) 203 128 8100
Katie Hunt
+44 (0) 7884 494112
franchisebrands@mhpc.com
About Franchise Brands plc
Franchise Brands is focused on building market-leading businesses in selected customer segments using primarily a franchise model. The Group currently has a combined network of over 450 franchisees across five franchise brands. Our focus is on established brands which can benefit from our shared support services, specialist sector expertise, management experience and group resources.
Franchise Brands' portfolio of market-leading service businesses grew in 2019 with the acquisition of Willow Pumps. The addition of Willow Pumps, a direct labour organisation, represented an important step in expanding Metro Rod and Metro Plumb's range of services to the commercial market.
The Group is organised into a B2B division comprised of Metro Rod, Metro Plumb and Willow Pumps, and a B2C division incorporates ChipsAway, Ovenclean and Barking Mad. This divisional organisation of our brands is designed to provide a greater focus and structure to support the strategic development of our B2B and B2C brands.
Each of our brands are leaders in their respective markets and each brand has a long trading history. The combined trading history of all the Group's brands is over 125 years.
Franchise Brands plc employs some 290 people across three principal locations in Macclesfield, Kidderminster and Aylesford.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDHOLUUSVRRRUVUAR
Recent news on Franchise Brands
See all newsREG - Franchise Brands PLC - Holding(s) in Company
AnnouncementREG - Franchise Brands PLC - Capital Markets Day
AnnouncementREG - Franchise Brands PLC - Trading Update
AnnouncementRCS - Franchise Brands PLC - Capital Markets Day
AnnouncementREG - Franchise Brands PLC - Holding(s) in Company
Announcement