Franchise Brands PLC TRANSACTION IN OWN SHARES (4831K)
August 29 2019 - 2:00AM
UK Regulatory
TIDMFRAN
RNS Number : 4831K
Franchise Brands PLC
29 August 2019
29 August 2019
Franchise Brands plc
("Franchise Brands", the "Company" or "Group")
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 23 April 2019, on 28 August 2019 the Company
purchased 25,000 of its own ordinary shares of 0.5p each ("Ordinary
Shares") at a price of 83p 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 25,000 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 77,707,033 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.
*This figure excludes the 395,390 new Ordinary Shares which have
been issued subject to admission to trading on AIM, expected to
occur on or around 2 September 2019, as announced on 28 August
2019.
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
Limited 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 +44 (0) 203 328
Joint Broker) 5656
Jeremy Porter/ Liz Kirchner / Nicholas
Chambers
+44 (0) 203 903
Dowgate Capital Limited (Joint Broker) 7715
James Serjeant / Colin Climie
+44 (0) 203 128
MHP Communications (Financial PR) 8100
Katie Hunt
Schedule of Purchases
Shares purchased: Franchise Brands plc (ISIN: GB00BD6P7Y24)
Date of purchases: 28 August 2019
Investment firm: Dowgate Capital Limited
Aggregate information:
Venue Volume-weighted Aggregated volume
average price,
pence
London Stock
Exchange 83p 25,000
Individual transaction:
Number of Transaction Time of Trading venue
shares purchased price transaction
(pence
per share)
25,000 83p 16.08 London Stock Exchange
This information is provided by RNS, the news service of the
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contact rns@lseg.com or visit www.rns.com.
END
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