REG - Franchise Brands PLC - EBT share purchase programme update

Franchise BrandsAnnouncement

Tue 07:00

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RNS Number : 1880D  Franchise Brands PLC  14 October 2025

14 October 2025

 

FRANCHISE BRANDS PLC

 

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

 

EBT share purchase programme update

 

On 15 October 2024, the Company announced the re-commencement of the Employee
Benefit Trust ("EBT") share purchase programme up to an aggregate value of
£5m.  Since then the Company has carried out a regular and consistent
programme, with £1.4m funded to date. The programme seeks to mitigate the
dilutive impact of share option awards and to improve overall shareholder
return.

The EBT currently holds 1.5m Ordinary Shares which represents 0.77 per cent.
of the Company's current issued share capital.

Anomalies in the share price present opportunities for the Board to act in the
interests of all shareholders to fund the EBT to purchase shares. Given that
the Board believes the current share price significantly undervalues the
Group, it has decided to fund the EBT to purchase additional shares to an
aggregate value of £1m as part of the £5m total.

Due to the limited liquidity in the issued Ordinary Shares, any share purchase
of Ordinary Shares pursuant to the authority on any trading day may represent
a significant proportion of the daily trading volume in the Ordinary Shares on
the London Stock Exchange and may exceed 25 per cent. of the average daily
trading volume, being the limit laid down in Article 5(1) of Regulation (EU)
No 596/2014 (as incorporated into UK domestic law by the European Union
(Withdrawal) Act 2018) and the Commission Delegated Regulation (EU) 2016/1052
(as incorporated into UK domestic law by the European Union (Withdrawal) Act
2018) and, accordingly, the Company will not benefit from the exemption
contained in that Article.

 

Enquiries:

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

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

 Allenby Capital Limited (Joint Broker)                               +44 (0) 20 3328 5656
 Jeremy Porter / Daniel Dearden-Williams (Corporate Finance)
 Amrit Nahal / Joscelin Pinnington (Sales & Corporate Broking)

 Dowgate Capital Limited (Joint Broker)                               +44 (0) 20 3903 7715
 James Serjeant/Amber Higgs (Corporate Broking)
 Mel Brown (Sales)

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

 

About Franchise Brands plc

Franchise Brands (FTSE AIM UK 50) is an international, multi-brand franchisor
focused on B2B van-based service with seven 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 c600 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: "as they grow, we
grow".

Franchise Brands employs over 625 people across the Group and there are over
3,000 people in the franchise community.

For further information, visit www.franchisebrands.co.uk
(https://protect.checkpoint.com/v2/r06/___http:/www.franchisebrands.co.uk___.ZXV3MjpuZXh0MTU6YzpvOjg0MDZlOThjMGI5OTQxZGY0M2YyZjQ0Zjc3MjE3NzFlOjc6MGFmOToxZGVlYjdlNGM5NTk2NzQxYWVkZTg2NzNlZTQwYmNkODg5ZjY5ZTk2NGJmZWE5MDA5OGNkOGNhM2I0NmVjYTZjOnA6VDpU)

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