TIDMFRAN

RNS Number : 2530B

Franchise Brands PLC

01 June 2023

1 June 2023

Franchise Brands plc

("Franchise Brands", the "Group" or the "Company")

Director/PDMR shareholding notification

Franchise Brands (AIM: FRAN), an international multi-brand franchise business, has been advised that Jason Sayers, Managing Director, Filta International, has gifted 150,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") and therefore now has a total direct and indirect beneficial interest in 13,288,183 Ordinary Shares, equivalent to 6.86% of the Company's current issued share capital. The table below, which has been provided in accordance with the requirements of the UK Market Abuse Regulation, provides further details of the transaction.

Enquiries:

 
                                                    + 44 (0) 1625 507 
 Franchise Brands plc                                910 
 Stephen Hemsley, Executive Chairman 
 Andrew Mallows, Interim Chief Financial 
  Officer 
 Julia Choudhury, Corporate Development Director 
 
 Allenby Capital Limited (Nominated Adviser         +44 (0) 20 3328 
  and Joint Broker)                                  5656 
 Jeremy Porter / George Payne (Corporate 
  Finance) 
  Amrit Nahal (Sales & Corporate Broking) 
 
                                                    +44 (0) 20 3903 
 Dowgate Capital Limited (Joint Broker)              7715 
 James Serjeant / Russell Cook / Nicholas 
  Chambers 
                                                    +44 (0) 20 7710 
 Stifel Nicolaus Europe Limited (Joint Broker)       7699 
 Matthew Blawat / Francis North 
                                                    +44 (0) 20 3128 
 MHP Group (Financial PR)                            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 has a combined network of 650 franchisees across seven franchise brands in ten countries covering 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, including Metro Rod, Metro Plumb, Filta and Pirtek in Europe, all of 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: "if they grow, we grow".

Franchise Brands employs some 690 people across the Group.

   For further information, visit   www.franchisebrands.co.uk 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Jason Sayers 
     -------------------------------  ---------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                  Managing Director, Filta 
                                        International 
     -------------------------------  ---------------------------------- 
 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                   ordinary shares of 0.5p each 
       the financial instrument,        in Franchise Brands plc 
       type of instrument               Identification code (ISIN) 
       Identification                   for Franchise Brands plc 
       code                             ordinary shares: GB00BD6P7Y24 
     -------------------------------  ---------------------------------- 
 b)   Nature of the transaction        Sale of Ordinary Shares 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)           Price: 0p 
                                        Volume: 150,000 
     -------------------------------  ---------------------------------- 
 d)   Aggregated information           n/a 
       - Aggregated volume 
       - Price 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          31 May 2023 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ---------------------------------- 
 

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June 01, 2023 02:00 ET (06:00 GMT)

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