REG - Franchise Brands PLC - Rule 19.6(c) confirmation

Franchise BrandsAnnouncement

10/03/2023 07:00

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RNS Number : 5009S  Franchise Brands PLC  10 March 2023

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE
19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "TAKEOVER CODE") WHICH,
INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF
A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING
WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED
INTENTIONS.

 

10 March 2023

 

Franchise Brands plc

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

 

Rule 19.6(c) confirmation with respect to stated post-offer intention
statements with regard to Filta Group Holdings plc

 

On 10 March 2022, Franchise Brands completed its recommended all share offer
for Filta Group Holdings plc ("Filta"). Franchise Brands announces that it has
duly confirmed in writing to The Panel on Takeovers and Mergers in accordance
with the requirements of Rule 19.6 (c) of the Takeover Code that it has
complied with its post-offer intention statements made pursuant to Rules
2.7(c)(viii) and 24.2 of the Takeover Code, as originally detailed in its
announcement of 16 February 2022 and in the offer document published on 18
February 2022.

 

 

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 / George Payne (Corporate Finance)

 Amrit Nahal (Sales & Corporate Broking)

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

 Stifel Nicolaus Europe Limited (Joint Broker)                 +44 (0)20 7710 7688
 Matthew Blawat / Francis North / Harry Billen

 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
building market-leading businesses primarily via a franchise model. The Group
currently has a combined network of 590 franchisees across six principal
franchise brands in the UK, North America and Europe.

Franchise Brands' focus is on B2B van-based reactive and planned services. The
Company owns several market-leading brands with a long trading history which
benefit from the Group's central support services, in particular technology,
marketing, management experience and other group resources. At the centre of
Franchise Brands' business building strategy is helping its franchisees grow
their businesses.

Franchise Brands employs 420 people from 5 principal offices in the UK,
Orlando, Florida and the Netherlands.

For further information, visit www.franchisebrands.co.uk

 

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