Grant of Options to directors

Franchise Brands PLC

27 March 2026

 

27 March 2026

FRANCHISE BRANDS PLC

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

Grant of Options to directors

Franchise Brands plc (AIM: FRAN), an international multi-brand franchise business, announces that on 26 March 2026 the Company's Remuneration Committee approved the grant of an option over 540,000 Ordinary Shares in the Company to Peter Molloy, Chief Executive Officer, and over 495,000 Ordinary Shares in the Company to Andrew Mallows, Chief Financial Officer (collectively, the "Options"). The Options have been granted under the Company's Employee Share Option Plan ("Plan") at an exercise price of 118.5p per share (being the closing mid-market price of an ordinary share on 25 March 2026).  Subject to the rules of the Plan and meeting the performance conditions, the Options will be exercisable from the third anniversary of the date of grant until the tenth anniversary of that date.

The number of shares over which the Options can vest and be exercised is subject to performance criteria being met, as follows:

1)   as to 20%, after reported fully diluted adjusted earnings per share ("EPS") achieves compound annual growth of 5% over each of the next three financial years;

2)   as to 50%, after reported EPS achieves compound annual growth of 10% over each of the next three financial years;

3)   as to 100%, after reported EPS achieves compound annual growth of 15% or more over each of the next three financial years; and

4)   between 20% and 50%, and between 50% and 100%, on a straight-line sliding scale basis, dependent on EPS growth between (respectively) the targets in (1) and (2), and (2) and (3) above.

The year ending 31 December 2025 will be used as the base for the performance conditions, with growth in EPS measured over the three financial years ending 31 December 2028, using data from the audited financial statements.

Following this grant, Peter Molloy holds options over 1,836,970 Ordinary Shares in the Company and has a personal holding of 71,956 Ordinary Shares in the Company, and Andrew Mallows holds options over 1,271,288 Ordinary Shares in the Company and has a personal holding of 124,290 Ordinary Shares in the Company.

The table at the end of this announcement, which is provided in accordance with the requirements of the UK Market Abuse Regulation, provides further details.

Enquiries:

Franchise Brands plc	+ 44 (0) 1625 813231
Stephen Hemsley, Executive Chairman
Julia Choudhury, Corporate Development Director
Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker)	[phone]
Matthew Blawat
Jason Grossman
Allenby Capital Limited (Joint Broker)	[phone]
Jeremy Porter / Ashur Joseph (Corporate Finance)
Amrit Nahal / Joscelin Pinnington (Sales & Corporate Broking)
Dowgate Capital Limited (Singer Capital Markets) (Joint Broker)	[phone]
James Serjeant
Paul Richards Amber Higgs
MHP Group (Financial PR)	[phone]
Katie Hunt / Hugo Harris	[phone]
	[e-mail]

About Franchise Brands plc

Franchise Brands (FTSE AIM UK 50) is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise platform model and has a combined network of nearly 600 franchise partners.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group's central support services, particularly technology, marketing, and finance. At the heart of Franchise Brands' business-building strategy is helping its franchisees grow their businesses: "as they grow, we grow".

Franchise Brands employs just over 600 people across the Group and there are over 3,000 people employed in the franchise community.

For further information, visit www.franchisebrands.co.uk

Information required under the UK Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Molloy
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Franchise Brands plc
b)	LEI	213800CFRX6CJ8LCKN37
4	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
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.5p each in Franchise Brands plc ISIN: GB00BD6P7Y24
b)	Nature of the transaction	Grant of options over Ordinary Shares of 0.5p each under the Franchise Brands Employee Share Option Plan
c)	Price(s) and volume(s)	Exercise price: 118.5p per share Volume: 540,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	26 March 2026
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Mallows
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Franchise Brands plc
b)	LEI	213800CFRX6CJ8LCKN37
4	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
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.5p each in Franchise Brands plc ISIN: GB00BD6P7Y24
b)	Nature of the transaction	Grant of options over Ordinary Shares of 0.5p each under the Franchise Brands Employee Share Option Plan
c)	Price(s) and volume(s)	Exercise price: 118.5p per share Volume: 495,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	26 March 2026
f)	Place of the transaction	Outside of a trading venue

 

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