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Franchise Brands PLC (FRAN)

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Wednesday 09 June, 2021

Franchise Brands PLC

Director/PDMR Shareholding

RNS Number : 2381B
Franchise Brands PLC
09 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 Chris Dent, Chief Financial Officer, has purchased 699 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares"), at a price of 143 pence per Ordinary Share. Following this purchase, Chris Dent now has a total interest in 61,302 Ordinary Shares, equivalent to 0.06% 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

Chris Dent

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

 

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: 143p

Volume: 699 shares

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

7 June 2021

f)

Place of the transaction

London Stock Exchange - AIM

 

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