Franchise Brands PLC Director/PDMR Shareholding (5055Z)
21 September 2020 - 4:00PM
UK Regulatory
TIDMFRAN
RNS Number : 5055Z
Franchise Brands PLC
21 September 2020
21 September 2020
Franchise Brands plc
("Franchise Brands" or the "Company")
Director/PDMR Notification
Franchise Brands (AIM: FRAN), a multi-brand franchise business,
announces the following purchases of ordinary shares of 0.5 pence
each in the Company ("Ordinary Shares") by Directors, all at a
price of 102.5 pence per Ordinary Share.
Director Ordinary Shares Total interest % of total voting
purchased in Ordinary Shares rights
Chris Dent 29,268 55,474 0.1
---------------- -------------------- ------------------
Colin Rees 14,634 368,009 0.4
---------------- -------------------- ------------------
Tim Harris 14,634 1,385,365 1.4
---------------- -------------------- ------------------
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)
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 +44 (0) 7884 494112
franchisebrands@mhpc.com
About Franchise Brands plc
Franchise Brands is focused on building market-leading
businesses in selected customer segments using primarily a
franchise model. The Group currently has a combined network of over
430 franchisees across five franchise brands. Our focus is on
established brands which can benefit from our shared support
services, specialist sector expertise, management experience and
group resources.
Franchise Brands' portfolio of market-leading service businesses
grew in 2019 with the acquisition of Willow Pumps. The addition of
Willow Pumps, a direct labour organisation, represented an
important step in expanding Metro Rod and Metro Plumb's range of
services to the commercial market.
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 of our brands 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 125 years.
Franchise Brands plc employs some 260 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
Colin Rees
Tim Harris
----------------------------- ---------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Executive Directors
----------------------------- ---------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------- ---------------------------------------
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 ordinary shares of 0.5p each in
instrument, type of Franchise Brands plc
instrument Identification code (ISIN) for
Identification code Franchise Brands plc ordinary shares:
GB00BD6P7Y24
----------------------------- ---------------------------------------
b) Nature of the transaction Purchase of ordinary shares
----------------------------- ---------------------------------------
c) Price(s) and volume(s) Price: 102.5p
Volumes: Chris Dent 29,268
Colin Rees 14,634
-------
Tim Harris 14,634
-------
----------------------------- ---------------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
----------------------------- ---------------------------------------
e) Date of the transaction 18 September 2020
----------------------------- ---------------------------------------
f) Place of the transaction London Stock Exchange - AIM
----------------------------- ---------------------------------------
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END
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