Franchise Brands PLC Rule 19.6(c) confirmation (5009S)
10 March 2023 - 6:00PM
UK Regulatory
TIDMFRAN
RNS Number : 5009S
Franchise Brands PLC
10 March 2023
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
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 7688
Matthew Blawat / Francis North / Harry Billen
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 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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