RNS Number : 2530B
Franchise Brands PLC
01 June 2023
 

1 June 2023

 

Franchise Brands plc

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

 

Director/PDMR shareholding notification

 

Franchise Brands (AIM: FRAN), an international multi-brand franchise business, has been advised that Jason Sayers, Managing Director, Filta International, has gifted 150,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") and therefore now has a total direct and indirect beneficial interest in 13,288,183 Ordinary Shares, equivalent to 6.86% of the Company's current issued share capital. The table below, which has been provided in accordance with the requirements of the UK Market Abuse Regulation, provides further details of the transaction.

 

Enquiries:

 

Franchise Brands plc

+ 44 (0) 1625 507 910

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 / George Payne (Corporate Finance)

Amrit Nahal (Sales & Corporate Broking)

 

 

 

Dowgate Capital Limited (Joint Broker)

+44 (0) 20 3903 7715

James Serjeant / Russell Cook / Nicholas Chambers

 

 

 

Stifel Nicolaus Europe Limited (Joint Broker)

+44 (0) 20 7710 7699

Matthew Blawat / Francis North

 

 

 

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 building market-leading businesses primarily via a franchise model. The Group has a combined network of 650 franchisees across seven franchise brands in ten countries covering 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, including Metro Rod, Metro Plumb, Filta and Pirtek in Europe, all of 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: "if they grow, we grow".

 

Franchise Brands employs some 690 people across the Group.

 

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jason Sayers

2

Reason for the notification

a)

Position/status

Managing Director, Filta International

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

Sale of Ordinary Shares

 

c)

Price(s) and volume(s)

Price: 0p

Volume: 150,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

31 May 2023

f)

Place of the transaction

Outside a trading venue

 

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