Franchise Brands PLC Director/PDMR Shareholding (7168O)
12 October 2021 - 5:00PM
UK Regulatory
TIDMFRAN
RNS Number : 7168O
Franchise Brands PLC
12 October 2021
FRANCHISE BRANDS PLC
("Franchise Brands", the "Group" or the "Company")
Director/PDMR Notification
Franchise Brands plc (AIM: FRAN), a multi-brand franchise
business, announces that Chris Dent, Chief Financial Officer, and
Julia Choudhury, Corporate Development Director, have purchased
ordinary shares of 0.5 pence each in the Company ("Ordinary
Shares") as set out below.
N o. of Ordinary Resulting interest % of issued share
Shares purchased in Ordinary Shares capital
Chris Dent 300 61,602 0.06
------------------ -------------------- ------------------
Julia Choudhury 2,030 1,546,701 1.45
------------------ -------------------- ------------------
The notification below, which has been made in accordance with
the requirements of the UK Market Abuse Regulation, provides
further detail.
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 / Nicholas
Chambers
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
425 franchisees across five principal franchise brands. Our focus
is on established brands which can benefit from our shared support
services, specialist sector expertise, management experience and
group resources.
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 135 years.
Franchise Brands plc employs some 280 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 Chief Financial
Officer
Julia Choudhury Corporate Development
Director
----------------------
-------------------------- ------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status See 1 a) above
-------------------------- ------------------------------------------
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 ordinary shares of 0.5p each
financial instrument, in Franchise Brands plc
type of 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 volume
Chris Dent 132.99p 300
-------- -------
Julia Choudhury 132.99p 2,030
-------- -------
-------------------------- ------------------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
-------------------------- ------------------------------------------
e) Date of the transaction 11 October 2021
-------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange - AIM
-------------------------- ------------------------------------------
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END
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