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RNS Number : 9521F Property Franchise Group PLC (The) 28 May 2026
28 May 2026
THE PROPERTY FRANCHISE GROUP PLC
("TPFG", the "Company" or the "Group")
AGM Trading Update
The Property Franchise Group PLC (AIM: TPFG), the UK's largest multi-brand
property franchisor, issues the following trading update ahead of its Annual
General Meeting to be held at 10:00am today.
TPFG continues to trade in line with the Board's expectations, with the Group
benefiting from a resilient, highly cash generative business model underpinned
by substantial recurring revenues across both its franchise and licensing
divisions. This strong level of recurring income provides good visibility over
future earnings and helps mitigate the impact of shorter-term cyclical
movements in the housing market.
The Board expects the implementation of the Renters' Rights Act in May 2026 to
increase the regulatory and operational burden on self-managed landlords,
creating a meaningful opportunity for professionally managed operators such as
TPFG. The Group is already seeing encouraging levels of enquiries from
self-managed landlords seeking support with compliance and property
management, and the Board believes this represents an attractive medium-term
growth opportunity for the Group's franchise network.
The Group has also continued to make strategic progress against its platform
development strategy. During the year to date, TPFG has completed the
acquisition of Smart Advice Financial Solutions Ltd, further strengthening the
Group's financial services capabilities. The Group has also made an investment
in Meridian HoldCo Limited, the parent of Legal & General Surveying
Services Limited, a highly complementary business which broadens the Group's
exposure across the wider property transaction ecosystem. The Board remains
encouraged by the strategic opportunities created through the continued
development of the platform model and believes this will support long-term
earnings quality and diversification, whilst retaining a resilient balance
sheet.
The Board remains confident in the Group's long-term positioning and its
ability to deliver on strategic opportunities, whilst continuing to adopt a
measured and disciplined approach in light of the broader macroeconomic
environment.
Ben Dodds, CFO discusses the update in the following video:
For further information, please contact:
The Property Franchise Group PLC 01202 405 549
Gareth Samples, Chief Executive Officer company.secretary@propertyfranchise.co.uk
(mailto:company.secretary@propertyfranchise.co.uk)
Ben Dodds, Chief Financial Officer
Canaccord Genuity Limited (Nominated Adviser & Joint Broker) 020 7523 8000
Max Hartley / Harry Rees
Berenberg (Joint Broker) 020 7496 3000
Harry Nicholas / Michael Burke / James Thompson
Alma Strategic Communications 020 3405 0209
Justine James / Kinvara Verdon / Emma Thompson propertyfranchise@almastrategic.com
(mailto:propertyfranchise@almastrategic.com)
About The Property Franchise Group PLC
The Property Franchise Group PLC (AIM: TPFG) is the UK's largest multi-brand
property franchisor, with a network of over 1,900 outlets delivering high
quality services to residential clients, combined with an established
Financial Services business.
The Company was founded in 1986 and has since strategically grown to a diverse
portfolio of 18 brands operating throughout the UK, comprising longstanding
high-street focused brands and two hybrid brands. The Property Franchise Group
is also a member of two leading mortgage networks through its mortgage
brokers, Brook Financial (MAB) and The Mortgage Genie (Primis).
TPFG's brands are: Belvoir, CJ Hole, Country Properties, Ellis & Co,
EweMove, Fine & Country, Hunters, Lovelle, Martin & Co, Mr and Mrs
Clarke, Mullucks, Newton Fallowell, Nicholas Humphreys, Northwood, Parkers,
The Guild of Property Professionals and Whitegates.
Headquartered in Bournemouth, the Company was listed on AIM on the London
Stock Exchange in 2013 and entered the AIM 100 in July 2024.
More information is available at www.propertyfranchise.co.uk
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