FRANCHISE BRANDS PLC
("Franchise Brands", the "Group" or the "Company")
Franchise Brands plc (AIM: FRAN), a multi-brand franchise business, announces that Chris Dent, Chief Financial Officer, and Julia Choudhury, Corporate Development Director, have purchased ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") as set out below.
No. of Ordinary Shares purchased
Resulting interest in Ordinary Shares
% of issued share capital
The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
Franchise Brands plc
+ 44 (0) 1625 813231
Stephen Hemsley, Executive Chairman
Chris Dent, Chief Financial Officer
Julia Choudhury, Corporate Development Director
Allenby Capital Limited (Nominated Adviser and Joint Broker)
+44 (0) 20 3328 5656
Jeremy Porter / Liz Kirchner (Corporate Finance)
Amrit Nahal (Sales)
Dowgate Capital Limited (Joint Broker)
+44 (0) 20 3903 7715
James Serjeant / Colin Climie / Nicholas Chambers
MHP Communications (Financial PR)
+44 (0) 20 3128 8100
+44 (0) 7884 494112
About Franchise Brands plc
Franchise Brands is focused on building market-leading businesses in selected customer segments using primarily a franchise model. The Group currently has a combined network of over 425 franchisees across five principal franchise brands. Our focus is on established brands which can benefit from our shared support services, specialist sector expertise, management experience and group resources.
The Group is organised into a B2B division comprised of Metro Rod, Metro Plumb, and Willow Pumps, and a B2C division that incorporates ChipsAway, Ovenclean and Barking Mad. This divisional organisation of our brands is designed to provide a greater focus and structure to support the strategic development of our B2B and B2C brands.
Each of our brands are leaders in their respective markets and each brand has a long trading history. The combined trading history of all the Group's brands is over 135 years.
Franchise Brands plc employs some 280 people across three principal locations in Macclesfield, Kidderminster and Aylesford.
For further information, visit www.franchisebrands.co.uk.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Details of the person discharging managerial responsibilities / person closely associated
Reason for the notification
See 1 a) above
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Franchise Brands plc
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
Description of the financial instrument, type of instrument
ordinary shares of 0.5p each in Franchise Brands plc
Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24
Nature of the transaction
Purchase of ordinary shares
Price(s) and volume(s)
- Aggregated volume
Date of the transaction
11 October 2021
Place of the transaction
London Stock Exchange - AIM