THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "TAKEOVER CODE") WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.
10 March 2023
Franchise Brands plc
("Franchise Brands", the "Company" or the "Group")
Rule 19.6(c) confirmation with respect to stated post-offer intention statements with regard to Filta Group Holdings plc
On 10 March 2022, Franchise Brands completed its recommended all share offer for Filta Group Holdings plc ("Filta"). Franchise Brands announces that it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6 (c) of the Takeover Code that it has complied with its post-offer intention statements made pursuant to Rules 2.7(c)(viii) and 24.2 of the Takeover Code, as originally detailed in its announcement of 16 February 2022 and in the offer document published on 18 February 2022.
Enquiries:
| Franchise Brands plc | + 44 (0) 1625 813231 |
| Stephen Hemsley, Executive Chairman |
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| Andrew Mallows, Interim Chief Financial Officer |
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| Julia Choudhury, Corporate Development Director |
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| Allenby Capital Limited (Nominated Adviser and Joint Broker) | +44 (0) 20 3328 5656 |
| Jeremy Porter / George Payne (Corporate Finance) Amrit Nahal (Sales & Corporate Broking) |
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| Dowgate Capital Limited (Joint Broker) | +44 (0) 20 3903 7715 |
| James Serjeant / Russell Cook / Nicholas Chambers |
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| Stifel Nicolaus Europe Limited (Joint Broker) | +44 (0)20 7710 7688 |
| Matthew Blawat / Francis North / Harry Billen | |
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| MHP Group (Financial PR) | +44 (0) 20 3128 8100 |
| Katie Hunt / Catherine Chapman | +44 (0) 7884 494112 |
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| franchisebrands@mhpgroup.com |
About Franchise Brands plc
Franchise Brands is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The Group currently has a combined network of 590 franchisees across six principal franchise brands in the UK, North America and Europe.
Franchise Brands' focus is on B2B van-based reactive and planned services. The Company owns several market-leading brands with a long trading history which benefit from the Group's central support services, in particular technology, marketing, management experience and other group resources. At the centre of Franchise Brands' business building strategy is helping its franchisees grow their businesses.
Franchise Brands employs 420 people from 5 principal offices in the UK, Orlando, Florida and the Netherlands.
For further information, visit www.franchisebrands.co.uk
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