Holdings in Company

RNS Number : 4105L
Franchise Brands PLC
05 September 2019
 

5 September 2019

 

Franchise Brands plc

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

 

 

Franchise Brands plc (AIM: FRAN), an international multi-brand franchisor, has received the TR-1 shareholding notification set out below for RBC Trustees (Jersey) Limited as trustee of Nigel Wray's family trust, as a result of a change in the Company's issued share capital. The total beneficial interest in the Company of Nigel Wray, Non-Executive Director of the Company, remains unchanged at 21,720,120 ordinary shares, which represents 27.81 per cent. of the total number of voting rights in the Company. This interest includes 14,026,380 ordinary shares held by Vidacos Nominees Limited, acting as nominee for RBC Trustees (Jersey) Limited as trustee of Mr Wray's family trust, as set out in the form below.

 

The TR-1 standard form for notification of major holdings is set out below without amendment.

 

TR-1: Standard form for notification of major holdings

 


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Franchise Brands PLC      

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

N/a

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

N/a

An acquisition or disposal of financial instruments

N/a

An event changing the breakdown of voting rights

N/a

Other (please specify)iii: Change in Issued Share Capital

X

3. Details of person subject to the notification obligationiv

Name

Royal Bank of Canada

City and country of registered office (if applicable)


4. Full name of shareholder(s) (if different from 3.)v

Name

RBC Trustees (Jersey) Limited

City and country of registered office (if applicable)


5. Date on which the threshold was crossed or reachedvi:

02/09/2019

6. Date on which issuer notified (DD/MM/YYYY):

04/09/2019

7. Total positions of person(s) subject to the notification obligation


% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

17.96%


17.96%

78,102,423

Position of previous notification (if

applicable)

18.04%


18.04%

77,732,033

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BD6P7Y24

14,026,380


17.96%







SUBTOTAL 8. A

14,026,380

17.96%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

N/a

















SUBTOTAL 8. B 1



 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

N/a





















SUBTOTAL 8.B.2



 

 

 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii


Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
xiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Royal Bank of Canada

17.96%


17.96% (Parent company)

RBC Trustees (Jersey) Limited

17.96%


17.96%














10. In case of proxy voting, please identify:

Name of the proxy holder

N/a

The number and % of voting rights held

N/a

The date until which the voting rights will be held

N/a


11. Additional informationxvi

The total number of voting rights in the Company is 78,102,423 as at 03/09/2019.

 

 

 

Place of completion

Jersey, Channel Islands

Date of completion

04/09/2019

 

 

 

Enquiries:

 

Franchise Brands plc

+ 44 (0) 1562 826705

Stephen Hemsley, Executive Chairman


Chris Dent, Chief Financial Officer

Julia Choudhury, Corporate Development Director




Allenby Capital Limited (Nominated Adviser and Joint Broker)

+44 (0) 203 328 5656

Jeremy Porter / Liz Kirchner / Nicholas Chambers




Dowgate Capital Limited (Joint Broker)

+44 (0) 203 903 7715

James Serjeant / Colin Climie




MHP Communications (Financial PR)

+44 (0) 203 128 8100

Katie Hunt


 


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