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Franchise Brands PLC announced on 30 January 2025 that Executive Chairman Stephen Hemsley, Senior Independent Director Peter Kear, and Non-Executive Director Nigel Wray each purchased 35,000 Ordinary Shares. These shares were acquired at an average price of 135.6088 pence per share. Following these transactions, their interests are 22,785,000 shares (11.76%) for Stephen Hemsley, 110,000 shares (0.06%) for Peter Kear, and 15,956,858 shares (8.23%) for Nigel Wray.
| Date | 31 Jan 2025 |
| Time | 07:00:07 |
| Category | Director/PDMR dealings |
| ID | 4367V |
31 January 2025
FRANCHISE BRANDS PLC
("Franchise Brands", the "Group" or the "Company")
Directors' dealings
Franchise Brands plc (AIM: FRAN), an international multi-brand franchise business, announces that on 30 January 2025 three directors of the Company, Stephen Hemsley (Executive Chairman), Peter Kear (Senior Independent Director) and Nigel Wray (Non-Executive Director) each bought 35,000 Ordinary Shares in the Company, at an average price of 135.6088 pence per share.
Following these trades, their interests in the Ordinary Shares of the Company are as follows:
|
Director/PDMR |
Number of Ordinary Shares in the Company |
Percentage of the issued share capital |
|
Stephen Hemsley |
22,785,000 |
11.76% |
|
Peter Kear |
110,000 |
0.06% |
|
Nigel Wray |
15,956,858 |
8.23% |
The table at the end of this announcement provides further information in accordance with the requirements of the UK Market Abuse Regulation.
Enquiries:
|
Franchise Brands plc |
+ 44 (0) 1625 813231 |
|
Stephen Hemsley, Executive Chairman Peter Molloy, Group Chief Executive Officer |
|
|
Andrew Mallows, Interim Chief Financial Officer |
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Julia Choudhury, Corporate Development Director |
|
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Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker) |
+44 (0) 20 7710 7600 |
|
Matthew Blawat |
|
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Nick Harland |
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|
|
|
Allenby Capital Limited (Joint Broker) |
+44 (0) 20 3328 5656 |
|
Jeremy Porter / Liz Kirchner (Corporate Finance) |
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Amrit Nahal / Joscelin Pinnington (Sales & Corporate Broking) |
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Dowgate Capital Limited (Joint Broker) |
+44 (0) 20 3903 7715 |
|
James Serjeant (Corporate Broking) |
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Malar Velaigam / Colin Climie (Sales) |
|
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|
|
MHP Group (Financial PR) |
+44 (0) 20 3128 8100 |
|
Katie Hunt / Hugo Harris |
+44 (0) 7884 494112 |
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About Franchise Brands plc
Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 625 franchisees.
The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group's central support services, particularly technology, marketing, and finance. At the heart of Franchise Brands' business-building strategy is helping its franchisees grow their businesses: "as they grow, we grow".
Franchise Brands employs over 700 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 |
Stephen Hemsley |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Executive Chairman |
|
b)
|
Initial notification /Amendment |
Initial notification |
|
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 instrument, type of instrument Identification code |
Ordinary shares of 0.5p each in Franchise Brands plc
ISIN: GB00BD6P7Y24 |
|
b) |
Nature of the transaction |
Purchase of shares |
|
c) |
Price(s) and volume(s) |
Price: 135.6088p per share Volume: 35,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
n/a |
|
e) |
Date of the transaction |
30 January 2025 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Peter Kear |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Senior Independent Director |
|
b)
|
Initial notification /Amendment |
Initial notification |
|
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 instrument, type of instrument Identification code |
Ordinary shares of 0.5p each in Franchise Brands plc
ISIN: GB00BD6P7Y24 |
|
b) |
Nature of the transaction |
Purchase of shares |
|
c) |
Price(s) and volume(s) |
Price: 135.6088p per share Volume: 35,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
n/a |
|
e) |
Date of the transaction |
30 January 2025 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Nigel Wray |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Non-Executive Director |
|
b)
|
Initial notification /Amendment |
Initial notification |
|
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 instrument, type of instrument Identification code |
Ordinary shares of 0.5p each in Franchise Brands plc
ISIN: GB00BD6P7Y24 |
|
b) |
Nature of the transaction |
Purchase of shares |
|
c) |
Price(s) and volume(s) |
Price: 135.6088p per share Volume: 35,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
n/a |
|
e) |
Date of the transaction |
30 January 2025 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |