FRAN.L

Franchise Brands plc
Franchise Brands PLC - Director/PDMR Shareholding
30th July 2024, 07:33
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RNS Number : 3729Y
Franchise Brands PLC
30 July 2024
 

30 July 2024

 

Franchise Brands plc

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

 

Director/PDMR shareholding

 

Franchise Brands plc (AIM: FRAN), an international multi-brand franchise business, announces that Peter Kear, the Company's Senior Independent Non-executive Director, yesterday purchased 57,500 ordinary shares of 0.5p each ("Shares") in the capital of the Company. 

 

His total interest in Franchise Brands now amounts to 82,500 Shares, equivalent to 0.043 per cent. of the Company's issued share capital.

 

The information required to be disclosed under the Market Abuse Regulation (as assimilated into English law) is appended to this announcement.

 

Enquiries:

Franchise Brands plc

+ 44 (0) 1625 813231

Stephen Hemsley, Executive Chairman


Andrew Mallows, Interim 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 / Joscelin Pinnington (Sales & Corporate Broking)




Dowgate Capital Limited (Joint Broker)

+44 (0) 20 3903 7715

James Serjeant / Nicholas Chambers




Stifel Nicolaus Europe Limited (Joint Broker)

+44 (0)20 7710 7600

Matthew Blawat




MHP Group (Financial PR)

+44 (0) 20 3128 8100

Katie Hunt / Catherine Chapman

+44 (0) 7884 494112


franchisebrands@mhpgroup.com

 

About Franchise Brands plc

 

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with 7 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 model and has a combined network of over 625 franchisees.

 

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: "if they grow, we grow".

 

Franchise Brands employs c700 people across the Group.

 

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

 

 

Appendix - information required to be disclosed under UK MAR

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Kear

2

Reason for the notification

a)

Position/status

Senior Independent Non-executive Director

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

Purchase of Ordinary Shares of 0.5p each

c)

Price(s) and volume(s)

Price paid: 174p per share

Volume: 57,500

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

 

e)

Date of the transaction

29 July 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

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