Franchise Brands PLC Chris Dent appointed as Chief Financial Officer (1822L)

TIDMFRAN

RNS Number : 1822L

Franchise Brands PLC

17 July 2017

FRANCHISE BRANDS PLC

("Franchise Brands" or "the Group")

Directorate change

Chris Dent appointed as Chief Financial Officer

Franchise Brands plc, a multi-brand international franchisor, is pleased to announce the appointment of Chris Dent as Chief Financial Officer, a Board position, with immediate effect. Chris previously spent four years as Finance Director of AIM-quoted 7digital Group plc (formerly UBC Media Group plc) and began his career at Deloitte LLP where he spent 10 years within audit and corporate finance. Chris is a member of the Institute of Chartered Accountants of England and Wales.

Paul Below, who has been the Group's interim Chief Financial Officer, will remain with the business until 4 August 2017 allowing for a handover to Chris.

Commenting on the appointment Stephen Hemsley, Executive Chairman, said:

"I am delighted to welcome Chris to Franchise Brands. He will manage the Group finance function from the Metro Rod office in Macclesfield which will also help facilitate the integration of this newly acquired business into the Group. Chris has excellent technical and transaction experience which will be invaluable given the ambitions of Franchise Brands."

Stephen added: "I would also like to thank Paul Below for his excellent work as an interim Chief Financial Officer at a very important time for the Group, seeing us through both our first financial year end as a plc, a substantial acquisition, reverse takeover and associated fundraising. I wish Paul all the very best in his future roles."

Chris Dent (full name: John Christopher Stewart Dent) aged 36, is or has been a director of the following companies in the past five years:

 
 Current directorships/partnerships   Past directorships/partnerships 
 Lawrence Wharf Limited               7digital Group plc (formerly 
                                       UBC media Group plc) 
  Lawrence Wharf 2000 Management 
  Limited                              UBC Digital Limited 
 
  Silent Opera Limited                 Unique Facilities Limited 
                                       (dissolved) 
 
                                       Unique Interactive Limited 
 
                                       7digital Creative Limited 
                                       (previously The New Unique 
                                       Broadcasting Company Limited) 
 
                                       Oneword Radio Limited 
 
                                       7digital Limited 
 
                                       SD Music Stores Limited 
 
                                       7digital Trading Limited 
 
                                       Smooth Operations (Productions) 
                                       Limited 
 
                                       UBC Interactive Limited 
 
                                       7digital Inc 
 
                                       7digital gmBh 
 
                                       Audioboom Limited (previously 
                                       Audioboo Limited) 
 
                                       Moving Brands Limited 
 
                                       Year Limited 
 
                                       Year 15 Limited

- Ends -

For further information, please contact:

Franchise Brands plc + 44 (0) 800 012 6462

Stephen Hemsley, Executive Chairman

Julia Choudhury, Corporate Development Director

Allenby Capital Limited +44 (0) 20 3328 5656

(Nominated Adviser and Joint Broker)

Jeremy Porter/ James Thomas / Liz Kirchner

Dowgate Capital Stockbrokers +44 (0)20 3903 7715

(Joint Broker)

James Serjeant

MHP Communications +44 (0) 20 3128 8100