REG - Franchise Brands PLC - Grant of Options to director

Franchise BrandsAnnouncement

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RNS Number : 7428F  Franchise Brands PLC  26 May 2026

26 May 2026

FRANCHISE BRANDS PLC

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

 

Grant of Options to director

Franchise Brands plc (AIM: FRAN), a platform of international B2B franchise
brands focused on essential services through a mobile workforce is pleased to
confirm that, further to the announcement on 18 May 2026, Neil Miller was
today appointed as an Executive Director and as the Chief Financial Officer of
the Company.

The Company's Remuneration Committee has approved the grant of an option over
390,000 Ordinary Shares in the Company to Neil Miller (the "Options") at
today's date. The Options have been granted under the Company's Employee Share
Option Plan (the "Plan") at an exercise price of 142p per share (being the
closing mid-market price of an ordinary share on 22 May 2026, the last
business day before he joined the business).  Subject to the rules of the
Plan and meeting the performance conditions, the Options will be exercisable
from the third anniversary of the date of grant until the tenth anniversary of
that date.

The number of shares over which the Options can vest and be exercised is
subject to performance criteria being met, as follows:

1)   as to 20%, after reported fully diluted adjusted earnings per share
("EPS") achieves compound annual growth of 5% over each of the next three
financial years;

2)   as to 50%, after reported EPS achieves compound annual growth of 10%
over each of the next three financial years;

3)   as to 100%, after reported EPS achieves compound annual growth of 15%
or more over each of the next three financial years; and

4)   between 20% and 50%, and between 50% and 100%, on a straight-line
sliding scale basis, dependent on EPS growth between (respectively) the
targets in (1) and (2), and (2) and (3) above.

The year ending 31 December 2025 will be used as the base for the performance
conditions, with growth in EPS measured over the three financial years ending
31 December 2028, using data from the audited financial statements.

Following this grant, Neil Miller holds options over 390,000 Ordinary Shares
in the Company.  He does not currently have a personal holding of Ordinary
Shares in the Company.

The table at the end of this announcement, which is provided in accordance
with the requirements of the UK Market Abuse Regulation, provides further
details.

 

Enquiries:

 

 Franchise Brands plc                                                     + 44 (0) 1625 813231
 Stephen Hemsley, Executive Chairman
 Peter Molloy, Chief Executive Officer
 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 / 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)

 

Information required under the UK Market Abuse Regulation:

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Neil Miller
 2    Reason for the notification
 a)   Position/status                                              Chief Financial Officer
 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                                    Grant of options over Ordinary Shares of 0.5p each under the Franchise Brands
                                                                   Employee Share Option Plan
 c)   Price(s) and volume(s)                                       Exercise price: 142p per share

                                                                   Volume: 390,000
 d)   Aggregated information                                       n/a

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      26 May 2026
 f)   Place of the transaction                                     Outside of a trading venue

 

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