Franchise Brands PLC Transaction in own shares (3050K)
December 12 2018 - 10:25AM
UK Regulatory
TIDMFRAN
RNS Number : 3050K
Franchise Brands PLC
12 December 2018
12 December 2018
FRANCHISE BRANDS PLC
("Franchise Brands", "the Group" or "the Company")
TRANSACTION IN OWN SHARES
The Board of Franchise Brands announces that, in accordance with
the authority granted by shareholders at the Company's Annual
General Meeting on 25 April 2018, on 12 December 2018 the Company
purchased 75,000 of its own ordinary shares of 0.5p each ("Ordinary
Shares") at a price of 69.3p per share. These shares will be held
as treasury shares.
Following this transaction, the total number of Ordinary Shares
held as treasury shares by the Company is 200,000 Ordinary Shares.
The total number of Ordinary Shares in issue is 77,732,033
(including shares held as treasury shares). Therefore, the total
number of voting rights in the Company is 77,532,033 which 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.
In accordance with Article 5(1)(b) of Regulation (EU) No
596/2014 (the Market Abuse Regulation), the schedule below contains
detailed information about the purchases made by Dowgate Capital
Stockbrokers on behalf of the Company as part of the buyback
programme.
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) 203 328 5656
Jeremy Porter/ Liz Kirchner
Dowgate Capital Stockbrokers (Joint
Broker) +44 (0) 203 903 7715
James Serjeant / Colin Climie
MHP Communications (Financial PR) +44 (0) 203 128 8100
Katie Hunt
Schedule of Purchases
Shares purchased: Franchise Brands plc (ISIN: GB00BD6P7Y24)
Date of purchases: 12 December 2018
Investment firm: Dowgate Capital Stockbrokers
Aggregate information:
Venue Volume-weighted Aggregated volume
average price, pence
London Stock Exchange 69.3p 75,000
Individual transaction:
Number of shares Transaction Time of transaction Trading venue
purchased price
(pence per
share)
London Stock
75,000 69.3p 08:32 Exchange
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END
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December 12, 2018 11:25 ET (16:25 GMT)
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