REG - Franchise Brands PLC - Grant of Options to directors

Franchise BrandsAnnouncement

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RNS Number : 3329Y  Franchise Brands PLC  27 March 2026

27 March 2026

FRANCHISE BRANDS PLC

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

 

Grant of Options to directors

Franchise Brands plc (AIM: FRAN), an international multi-brand franchise
business, announces that on 26 March 2026 the Company's Remuneration Committee
approved the grant of an option over 540,000 Ordinary Shares in the Company to
Peter Molloy, Chief Executive Officer, and over 495,000 Ordinary Shares in the
Company to Andrew Mallows, Chief Financial Officer (collectively, the
"Options"). The Options have been granted under the Company's Employee Share
Option Plan ("Plan") at an exercise price of 118.5p per share (being the
closing mid-market price of an ordinary share on 25 March 2026).  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, Peter Molloy holds options over 1,836,970 Ordinary
Shares in the Company and has a personal holding of 71,956 Ordinary Shares in
the Company, and Andrew Mallows holds options over 1,271,288 Ordinary Shares
in the Company and has a personal holding of 124,290 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
 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 / Ashur Joseph (Corporate Finance)
 Amrit Nahal / Joscelin Pinnington (Sales & Corporate Broking)

 Dowgate Capital Limited (Singer Capital Markets)                     +44 (0) 20 7496 3000

 (Joint Broker)
 James Serjeant
 Paul Richards

 Amber Higgs

 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 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 platform model
and has a combined network of nearly 600 franchise partners.

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 just over 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                                                         Peter Molloy
 2    Reason for the notification
 a)   Position/status                                              Chief Executive 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: 118.5p per share

                                                                   Volume: 540,000
 d)   Aggregated information                                       n/a

      - Aggregated volume

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

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Andrew Mallows
 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: 118.5p per share

                                                                   Volume: 495,000
 d)   Aggregated information                                       n/a

      - Aggregated volume

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

 

 

 

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