Franchise Brands PLC Director/PDMR Shareholding (7332E)
November 10 2020 - 1:00AM
UK Regulatory
TIDMFRAN
RNS Number : 7332E
Franchise Brands PLC
10 November 2020
Franchise Brands plc
("Franchise Brands" or the "Company")
Director/PDMR Notification
Franchise Brands (AIM: FRAN), a multi-brand franchise business,
announces that David Poutney, Non-Executive Director, has purchased
a total of 51,650 ordinary shares of 0.5 pence each in the Company
("Ordinary Shares"), at an average price of 95.97 pence per
Ordinary Share. Following these purchases, David Poutney now has a
total interest in 3,696,495 Ordinary Shares, equivalent to 3.86% of
the Company's total voting rights.
Further details and the information required in accordance with
the requirements of EU Market Abuse Regulation No 596/2014 are set
out at the end of this announcement.
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
400 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.
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 250 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 David Poutney
----------------------------- ---------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Non-Executive Director
----------------------------- ---------------------------------------
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) date Volume Price (p)
6/11/20 21,818 93.5
------- ----------
6/11/20 8,182 96.9
------- ----------
6/11/20 1,650 93.5
------- ----------
9/11/20 20,000 98.5
------- ----------
----------------------------- ---------------------------------------
d) Aggregated information Aggregated volume: 51,650 shares
- Aggregated volume Average price: 95.97 pence per
- Price share
----------------------------- ---------------------------------------
e) Date of the transaction See box 4c above
----------------------------- ---------------------------------------
f) Place of the transaction London Stock Exchange - AIM
----------------------------- ---------------------------------------
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END
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