Franchise Brands PLC Director/PDMR Shareholding (2381B)
June 09 2021 - 2:00AM
UK Regulatory
TIDMFRAN
RNS Number : 2381B
Franchise Brands PLC
09 June 2021
FRANCHISE BRANDS PLC
("Franchise Brands", the "Company" or the "Group")
Director/PDMR Notification
Franchise Brands plc (AIM: FRAN), a multi-brand franchise
business, announces that Chris Dent, Chief Financial Officer, has
purchased 699 ordinary shares of 0.5 pence each in the Company
("Ordinary Shares"), at a price of 143 pence per Ordinary Share.
Following this purchase, Chris Dent now has a total interest in
61,302 Ordinary Shares, equivalent to 0.06% of the Company's total
voting rights.
The notification below, which has been made in accordance with
the requirements of the UK Market Abuse Regulation, provides
further detail.
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 and Corporate Broking)
Dowgate Capital Limited (Joint Broker) +44 (0) 20 3903 7715
James Serjeant / Colin Climie / Nicholas
Chambers
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, primarily via a franchise
model. The Group currently has a combined network of over 425
franchisees across five principal 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 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 265 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 Chris Dent
---------------------------- ----------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Chief Financial Officer
---------------------------- ----------------------------------
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 ordinary shares of 0.5p each
financial instrument, in Franchise Brands plc
type of instrument
Identification code Identification code (ISIN) for
Franchise Brands plc ordinary
shares: GB00BD6P7Y24
---------------------------- ----------------------------------
b) Nature of the transaction Purchase of ordinary shares
---------------------------- ----------------------------------
c) Price(s) and volume(s) Price: 143p
Volume: 699 shares
---------------------------- ----------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
---------------------------- ----------------------------------
e) Date of the transaction 7 June 2021
---------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange - AIM
---------------------------- ----------------------------------
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END
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