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Franchise Brands PLC (FRAN)

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Wednesday 16 June, 2021

Franchise Brands PLC

Director/PDMR Shareholding

RNS Number : 0722C
Franchise Brands PLC
16 June 2021
 

 

FRANCHISE BRANDS PLC

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

 

Director/PDMR Notification

 

Franchise Brands plc (AIM: FRAN), a multi-brand franchise business, announces that Stephen Hemsley, Executive Chairman, has purchased 23,200 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares"), at a price of 147 pence per Ordinary Share. Following this purchase, Stephen Hemsley now has a total interest in 22,179,844 Ordinary Shares, equivalent to 23.16% of the Company's total voting rights.

 

The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 

Enquiries:

 

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 and Corporate Broking)

 

 

 

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

Katie Hunt

+44 (0) 7884 494112

 

[email protected]

 

 

About Franchise Brands plc

 

Franchise Brands is focused on building market-leading businesses in selected customer segments, primarily via 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 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 265 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. 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Hemsley

2

Reason for the notification

a)

Position/status

Executive Chairman

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

Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24

b)

Nature of the transaction

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

Price: 147p

Volume: 23,200  shares

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

15 June 2021

f)

Place of the transaction

London Stock Exchange - AIM

 

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