REG - Franchise Brands PLC - Appointment of new CFO & Group Delivery Director

Franchise BrandsAnnouncement

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RNS Number : 5980E  Franchise Brands PLC  18 May 2026

18 May 2026

FRANCHISE BRANDS PLC

("Franchise Brands", the "Group" or the "Company")

 

Directorate changes - Appointment of new Chief Financial Officer and
appointment of Group Delivery Director

Franchise Brands plc (AIM: FRAN), a platform of international B2B franchise
brands focused on essential services through a mobile workforce is pleased to
announce the appointment of Neil Miller as a Director of the Company and as
Chief Financial Officer (CFO) with effect from 26 May 2026 and the appointment
of Andrew Mallows as Group Delivery Director.

Neil Miller is an experienced CFO with 30 years' experience across listed,
Private Equity and blue-chip multinational businesses spanning industrial and
manufacturing sectors and FMCG. He has a proven track record of delivering
transformational change in finance functions combined with strong commercial
discipline, with a focus on driving value for stakeholders.  Most recently he
was Group CFO of Praesidiad, a PE-backed global security solutions group and,
prior to that, Group CFO of Scott Bader, an employee-owned global
manufacturer.  He also has FTSE100/250 public markets experience from senior
finance roles at DS Smith and De La Rue, which built on his previous finance
experience at Diageo and Mars.

Andrew Mallows, who has held the role of CFO since June 2024, is appointed to
the newly created role of Group Delivery Director and will step down as a
Director of the Company and from the Board on 26 May 2026. In 2024, the Board
took the decision to combine Andrew's commercial and financial experience to
strengthen the leadership of the finance team whilst also providing more focus
on the integration of Pirtek and Filta with the Water & Waste Services
division. Since then, the Group has made significant progress with the
implementation of the One Franchise Brands strategic initiative, in
particular the roll out of Group-wide IT systems, including the NetSuite
global finance system. This is enhancing efficiency across the Group and
expanding revenue streams.

The Group's focus is now on completing the integration of the Group and
delivering to shareholders the full benefits of that integration, in
particular from the Group-wide IT platform. This will be a key factor in
driving operational gearing and the Board is of the view the optimal way for
this to be delivered now is to have a clear focus on finance and on
commercially focused delivery. With a combination of Neil and Andrew's
experience and expertise, the Group is very well set to achieve this.

Stephen Hemsley, Executive Chairman, commented:

"I am delighted we have attracted a new CFO of Neil Miller's calibre. One of
Franchise Brands' key strategic priorities is to capitalise on the two-year
long, multi-million-pound, investment we have made in IT and integrating our
three significant acquisitions. The appointment of a new CFO with a strong
background in value creation and finance transformation will provide
experience and focus in this area, whilst allowing Andrew to drive the more
commercial benefits of Group-wide integration. Together with the broader
leadership team, Neil and Andrew will play a key role in completing and
realising the benefits of our B2B franchise platform which will be the
cornerstone of our future organic and acquisitive growth."

 

Enquiries:

 

 Franchise Brands plc                                                   + 44 (0) 1625 813231
 Stephen Hemsley, Executive Chairman
 Peter Molloy, Chief Executive Officer
 Andrew Mallows, Chief Financial Officer
 Julia Choudhury, Corporate Development Director

 Stifel Nicolaus Europe Limited (Nominated Adviser & Joint Broker)      +44 (0) 20 7710 7600
 Matthew Blawat
 Jason Grossman

 Allenby Capital Limited (Joint Broker)                                 +44 (0) 20 3328 5656
 Jeremy Porter / Liz Kirchner (Corporate Finance)
 Amrit Nahal / Tony Quirke (Sales & Corporate Broking)

 MHP Group (Financial PR)                                               +44 (0) 20 3128 8100
 Katie Hunt / Hugo Harris                                               +44 (0) 7884 494112
                                                                        franchisebrands@mhpgroup.com

 

About Franchise Brands plc

Franchise Brands (FTSE AIM UK 50) is a platform of international B2B franchise
brands focused on essential services through a mobile workforce. We have
clarity of purpose which is acquire, develop and scale proven franchise
businesses. Our focus is to help our franchisees grow their businesses, so
that "as they grow, we grow".

Our franchise partners benefit from our One Franchise Brands platform which
includes shared, bespoke technology systems, a strategic growth maximisation
methodology and management franchising expertise.

We have 7 franchise brands in 10 countries, approximately 600 franchisees and
2,500 mobile service vehicles. We focus on resilient reactive and planned
services and carry out approximately 1.3m jobs per year at an average value of
£325 for approximately 65,000 commercial customers. We earn an average
management service fee of 15% from each job undertaken by our franchise
partners.

Our market-leading brands include Pirtek, Metro Rod and Filta. We employ
approximately 600 people across the Group and there are over 3,000 people
employed in the franchise community.

For further information, visit www.franchisebrands.co.uk
(https://protect.checkpoint.com/v2/___http:/www.franchisebrands.co.uk___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzo5NTNkZjRiZThjNjgxOWVhNjViNWFhNTA0YjM5ODk3MDo2OjY2OGY6NDViNTkzMDg4YjAxZGMxOGUwYzc1MWJhZTI5ZDAyZmUyYWI4N2YwZGE5NGFiODE1NTJjNTBkZmI2ZTY4M2Q1NjpwOkY6Tg)
.

 

Schedule

The following information is disclosed in respect of Neil Miller as required
by Rule 17 and Schedule 2(g) of the AIM Rules for Companies:

Neil Julian Miller is aged 52 and is not currently serving as a director of
any companies.  During the past five years he has held directorships or
partnerships of the following entities:

 

 Date from  Date of cessation  Role / position  Business name
 17/4/2025  9/1/2026           Director         Betafence Limited
 17/4/2025  9/1/2026           Director         Praesidiad Security Solutions Limited
 9/12/2024  9/1/2026           Director         Praesidiad Group Limited
 9/12/2024  9/1/2026           Director         Praesidiad Limited
 17/4/2025  9/1/2026           Director         Praesidiad Holding HK
 17/4/2025  9/1/2026           Director         BF Holdings SAS (France)
 17/4/2025  9/1/2026           Director         Praesidiad Switzerland
 28/2/2023  31/10/2024         Director         Synthetic Resins Limited
 28/2/2023  31/10/2024         Director         Scott Bader Brazil Limited
 28/2/2023  31/10/2024         Director         Boldhelp Limited
 28/2/2023  31/10/2024         Director         Scott Bader Exports Limited
 28/2/2023  31/10/2024         Director         Hypar Tank Panels Limited
 28/1/2023  31/10/2024         Director         Strand Glassfibre Limited
 25/1/2023  31/10/2024         Director         Scott Bader Company Limited
 22/8/2016  30/4/2022          Director         DS Smith Logistics Limited
 22/8/2016  30/4/2022          Director         DS Smith Paper Limited

 

 

Neil Miller does not own any ordinary shares in the Company or hold any
options over ordinary shares of Franchise Brands at this stage.

There is no other information that is required to be disclosed pursuant to
Rule 17 and Schedule 2(g) of the AIM Rules for Companies.

 

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