Franchise Brands PLC Exercise of options and change to TVR (5886U)
26 November 2019 - 2:49AM
UK Regulatory
TIDMFRAN
RNS Number : 5886U
Franchise Brands PLC
25 November 2019
25 November 2019
Franchise Brands plc
("Franchise Brands", the "Company" or "Group")
Exercise of options and change to total voting rights
Franchise Brands plc (AIM: FRAN), an international multi-brand
franchisor, announces the issue of 174,243 new ordinary shares of
0.5 pence each in the Company ("New Ordinary Shares") pursuant to
the exercise of EMI options under the Company's 2016 IPO Share
Plan.
Application has been made for the admission to trading on AIM
("Admission") of the 174,243 New Ordinary Shares and it is expected
that Admission will occur on or around 29 November 2019.
Total voting rights
Following Admission, the Company's issued share capital will
consist of 79,513,787 Ordinary Shares, each with one voting right.
There are 25,000 Ordinary Shares held in treasury and so the total
number of voting rights in the Company will be 79,488,787. This
figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
Enquiries:
Franchise Brands plc + 44 (0) 1562 826705
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 / Nicholas
Chambers
Dowgate Capital Limited (Joint Broker) +44 (0) 20 3903 7715
James Serjeant / Colin Climie
MHP Communications (Financial PR) +44 (0) 20 3128 8100
Katie Hunt / Patrick Hanrahan
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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