Director/PDMR Shareholding

RNS Number : 9691V

Franchise Brands PLC

12 April 2019

 

12 April 2019

Franchise Brands plc

("Franchise Brands" or the "Company")

Director/PDMR shareholding

Franchise Brands plc (AIM: FRAN), a multi-brand international franchisor, has been notified that on 11 April 2019, David Poutney, a Non-Executive Director of the Company and person discharging managerial responsibilities, yesterday purchased 100,000 ordinary shares in the Company ("Ordinary Shares") at a price of 72.5 pence per share.

Following this purchase, Mr Poutney now has a total beneficial interest in 3,410,791 Ordinary Shares, equivalent to 4.4 per cent. of the Company's issued share capital.

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 Joint Broker)	[phone]
Jeremy Porter / Liz Kirchner
Dowgate Capital Limited (Joint Broker)	[phone]
James Serjeant / Colin Climie
MHP Communications (Financial PR)	[phone]
Katie Hunt

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	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) 72.5p 100,000
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	11 April 2019
f)	Place of the transaction	London Stock Exchange, AIM

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.

 

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