REG - Property FranchiseGp - Rule 19.6(c) Confirmation

Property FranchiseAnnouncement

07/03/2025 07:00

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RNS Number : 6839Z  Property Franchise Group PLC (The)  07 March 2025

7 March 2025

 

THE PROPERTY FRANCHISE GROUP PLC

("TPFG", the "Company" or the "Group")

 

Rule 19.6(c) Confirmation

 

The Property Franchise Group PLC, the UK's largest multi-brand property
franchisor, announces that further to the completion of its recommended offer
for the entire issued and to be issued ordinary share capital of Belvoir Group
PLC, which was effected by way of a scheme of arrangement under Part 26 of the
Companies Act 2006 on 7 March 2024,  its board of directors has duly
confirmed in writing to The Panel on Takeovers and Mergers in accordance with
the requirements of Rule 19.6(c) of the Code that the Company has complied
with its post-offer statements of intent made pursuant to Rules 2.7(c)(viii)
and 24.2 of the Code, as detailed in its announcement of 10 January 2024 and
the scheme document published on 24 January 2024.

 

 

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 and Joint Broker)   020 7523 8000

 Max Hartley

 Harry Rees

 Singer Capital Markets (Joint Broker)                            020 7496 3000

 Rick Thompson

 James Fischer

 Alma Strategic Communications                                    020 3405 0209

 Justine James                                                    propertyfranchise@almastrategic.com

                                                                (mailto:propertyfranchise@almastrategic.com)
 Joe Pederzolli

 Kinvara Verdon

 

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 1,946 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
(http://www.propertyfranchise.co.uk/)

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