REG - Franchise Brands PLC - Result of AGM

Franchise BrandsAnnouncement

07/05/2025 15:00

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RNS Number : 7427H  Franchise Brands PLC  07 May 2025

7 May 2025

 

Franchise Brands plc

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

 

Result of Annual General Meeting

 

Franchise Brands plc (AIM: FRAN), an international multi-brand franchise
business, is pleased to announce that at the Company's Annual General Meeting
held earlier today, all resolutions proposed were duly passed on a poll.

 

The votes validly received from shareholders and cast (or withheld) at the
meeting on each resolution are set out below:

 

 Resolution   Purpose of the resolution                                                     Votes        % of Votes Cast  Votes Against  % of Votes Cast  Total votes cast (excluding votes withheld  Votes Withheld

                                                                                            For
 ORDINARY RESOLUTIONS
 1.           To receive the 2024 annual report and financial statements                    133,007,455  100.00%          -              0.00%            133,007,455                                 -
 2.           Declaration of final dividend                                                 133,007,455  100.00%          -              0.00%            133,007,455                                 -
 3.           Remuneration Committee Report (advisory vote)                                 130,137,026  97.84%           2,870,429      2.16%            133,007,455                                 -
 4.           Re-election of Andy Brattesani                                                133,007,455  100.00%          -              0.00%            133,007,455                                 -
 5.           Re-election of Louise George                                                  133,007,455  100.00%          -              0.00%            133,007,455                                 -
 6.           Re-election of Stephen Hemsley                                                133,007,455  100.00%          -              0.00%            133,007,455                                 -
 7.           Re-election of Pete Kear                                                      132,238,166  99.42%           769,289        0.58%            133,007,455                                 -
 8.           Re-election of Andrew Mallows                                                 130,954,759  98.46%           2,052,696      1.54%            133,007,455                                 -
 9.           Re-election of Peter Molloy                                                   130,954,759  98.46%           2,052,696      1.54%            133,007,455                                 -
 10.          Re-election of Nigel Wray                                                     133,007,455  100.00%          -              0.00%            133,007,455                                 -
 11.          To reappoint PKF Littlejohn LLP as auditors of the Company                    133,007,455  100.00%          -              0.00%            133,007,455                                 -
 12.          Authority to determine remuneration of the auditors                           133,006,685  100.00%          -              0.00%            133,006,685                                 770
 13.          Authority to allot shares                                                     125,782,164  94.57%           7,219,696      5.43%            133,001,860                                 5,595
 SPECIAL RESOLUTIONS
 14.          Disapplication of pre-emption rights                                          130,083,386  98.12%           2,494,299      1.88%            132,577,685                                 429,770
 15.          Additional disapplication of pre-emption rights (for an acquisition or other  124,162,072  93.65%           8,416,383      6.35%            132,578,455                                 429,000
              specified capital investment)
 16.          Authority to purchase own shares                                              132,993,637  99.99%           13,818         0.01%            133,007,455                                 -

 

 

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
 Nick Harland

 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 (Corporate Broking)
 Malar Velaigam / Colin Climie (Sales)

 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 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 over 600 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 almost 650 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/___http:/www.franchisebrands.co.uk___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzo1ZTNlMDkzNjFkZGZlMTRiNWEyM2FkMDJkMzZlMzU4ZDo2OjFkZWI6MTNjYmUyMTVjZDIwZWE3MzIwOGJkNDMwZjgzNWE4MDYzYjcxZDFhY2YyYTVmYzllYjA0ZWNlZjJlYmZiOWNhNzpwOkY6Tg)

 

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