Special Dividend Declaration

Property Franchise Group PLC (The)

10 January 2024

 

For immediate release

10 January 2024

The Property Franchise Group PLC

("TPFG" or the "Company") 

Special Dividend Declaration

As set out earlier today in the Company's announcement of its proposed recommended all-share merger with Belvoir Group PLC (the "Announcement"), the Company announces that it has declared a special dividend of 2.0 pence per TPFG Share (the "Special Dividend").

The Special Dividend is expected to be paid on 2 February 2024 to TPFG Shareholders on the register of members of TPFG on 19 January 2024, with the TPFG Shares being marked ex dividend on 18 January 2024.

Capitalised terms used but not otherwise defined in this announcement have the meanings shall have the meanings set out in the Announcement.

For further information, please contact:

The Property Franchise Group PLC Gareth Samples David Raggett	Tel: + 44 (0) 1202 405 549
Canaccord Genuity Limited (Financial Adviser, Nominated Adviser and Joint Broker) Max Hartley Harry Rees	Tel: + 44 (0) 20 7523 8000
Singer Capital Markets (Joint Broker) Rick Thompson James Fischer	Tel: + 44 (0) 20 7496 3000
Alma PR (PR Adviser) Justine James Joe Pederzolli Kinvara Verdon	Tel: + 44 (0) 20 3405 0205 [e-mail]

Publication on website

In accordance with Rule 26.1 of the City Code on Takeovers and Mergers, a copy of this announcement will be available free of charge, subject to certain restrictions relating to persons resident in restricted jurisdictions, on the Company's website at https://thepropertyfranchisegroup.co.uk/investors, by no later than 12.00 p.m. on the business day following this announcement.

Neither the contents of the Company's website, nor those of any other website accessible from hyperlinks on the Company's website, are incorporated into or form part of this announcement.

 

END