REG - Franchise Brands PLC - Director/PDMR Shareholding

Franchise BrandsAnnouncement

30/07/2024 08:45

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RNS Number : 3729Y  Franchise Brands PLC  30 July 2024

30 July 2024

 

Franchise Brands plc

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

 

Director/PDMR shareholding

 

Franchise Brands plc (AIM: FRAN), an international multi-brand franchise
business, announces that Peter Kear, the Company's Senior Independent
Non-executive Director, yesterday purchased 57,500 ordinary shares of 0.5p
each ("Shares") in the capital of the Company.

 

His total interest in Franchise Brands now amounts to 82,500 Shares,
equivalent to 0.043 per cent. of the Company's issued share capital.

 

The information required to be disclosed under the Market Abuse Regulation (as
assimilated into English law) is appended to this announcement.

 

Enquiries:

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

 Allenby Capital Limited (Nominated Adviser and Joint Broker)       +44 (0) 20 3328 5656
 Jeremy Porter / Liz Kirchner (Corporate Finance)
 Amrit Nahal / Joscelin Pinnington (Sales & Corporate Broking)

 Dowgate Capital Limited (Joint Broker)                             +44 (0) 20 3903 7715
 James Serjeant / Nicholas Chambers

 Stifel Nicolaus Europe Limited (Joint Broker)                      +44 (0)20 7710 7600
 Matthew Blawat

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

 

About Franchise Brands plc

 

Franchise Brands is an international, multi-brand franchisor focused on B2B
van-based service with 7 franchise brands and a presence in 10 countries
across the UK, North America and Europe. The Group is focused on building
market-leading businesses primarily via a franchise model and has a combined
network of over 625 franchisees.

 

The Company owns several market-leading brands with long trading histories,
including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which
benefit from the Group's central support services, particularly technology,
marketing, and finance. At the heart of Franchise Brands' business-building
strategy is helping its franchisees grow their businesses: "if they grow, we
grow".

 

Franchise Brands employs c700 people across the Group.

 

For further information, visit www.franchisebrands.co.uk
(https://protect.checkpoint.com/v2/___http:/www.franchisebrands.co.uk___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpkNGRiMWRmM2Y2NTE2N2M0MjY3Mjc0YTEzNzM0NDQ0YTo2OjgzZTU6Nzc1MGFlODM4MGE0NzI0YTI1MDVmOGJkNTI0ZjhjODM2YWExOTA1NzAzMzFlODY3YzFkOGU1ZjQ3NDIwZDcyMDpwOlQ6Tg)
.

 

 

Appendix - information required to be disclosed under UK MAR

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Peter Kear
 2    Reason for the notification
 a)   Position/status                                              Senior Independent Non-executive Director
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Franchise Brands PLC
 b)   LEI                                                          213800CFRX6CJ8LCKN37
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of 0.5p each in Franchise Brands PLC

      Identification code                                          ISIN: GB00BD6P7Y24
 b)   Nature of the transaction                                    Purchase of Ordinary Shares of 0.5p each
 c)   Price(s) and volume(s)                                       Price paid: 174p per share

                                                                   Volume: 57,500

 d)   Aggregated information                                       n/a

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      29 July 2024
 f)   Place of the transaction                                     London Stock Exchange (XLON)

 

 

 

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