Director/PCA shareholding

 

24 October 2017

 

Franchise Brands plc

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

 

Director/PCA shareholding

 

Franchise Brands plc (AIM: FRAN) has been informed that three directors of the Company purchased ordinary shares in the Company ("Ordinary Shares") yesterday at a price of 58.5p per share as follows:

 

Stephen Hemsley, Executive Chairman of the Company, has purchased 46,000 Ordinary Shares and his wife Sharon Hemsley has also purchased 46,000 Ordinary Shares. Mr Hemsley and his wife now have a total beneficial interest in 20,640,117 Ordinary Shares, equivalent to 26.55% of the Company's issued share capital.

 

Glengrace Limited, a company which is owned by Nigel Wray, Non-Executive Director of the Company, has purchased 92,000 Ordinary Shares and Nigel Wray now has a total beneficial interest in 21,720,120 Ordinary Shares, equivalent to 27.94% of the Company's issued share capital.

 

David Poutney, Non-Executive Director of the Company, has purchased 91,000 Ordinary Shares and now controls a total of 2,209,970 Ordinary Shares, equivalent to 2.84% of the Company's issued share capital.

 

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	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   Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 58.5p 46,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	23 October 2017
f)	Place of the transaction	London Stock Exchange, AIM (XLON)

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sharon Hemsley
2	Reason for the notification
a)	Position/status	PCA of Stephen Hemsley, 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   Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 58.5p 46,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	23 October 2017
f)	Place of the transaction	London Stock Exchange, AIM (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   Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 58.5p 92,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	23 October 2017
f)	Place of the transaction	London Stock Exchange, AIM (XLON)

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Poutney
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   Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 58.5p 91,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	23 October 2017
f)	Place of the transaction	London Stock Exchange, AIM (XLON)

 

The information set out in this announcement is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 

Enquiries:

 

Franchise Brands plc	+44 (0) 800 012 6462
Stephen Hemsley, Executive Chairman
Chris Dent, Chief Financial Officer Julia Choudhury, Corporate Development Director
Allenby Capital Limited (Nominated Adviser and Joint Broker)	+44 (0) 203 328 5656
Jeremy Porter/ James Thomas/ Liz Kirchner
Dowgate Capital Stockbrokers (Joint Broker)	+44 (0) 203 903 7715
James Serjeant
MHP Communications (Financial PR)	+44 (0) 203 128 8100
Katie Hunt/Ivana Petkova