Directorate Change

RNS Number : 5101M

Franchise Brands PLC

14 October 2016

 

DISSEMINATION OF A REGULATORY ANNOUNCEMENT THAT CONTAINS INSIDE INFORMATION ACCORDING TO REGULATION (EU) NO 596/2014 (MAR).

14 October 2016

FRANCHISE BRANDS PLC

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

Directorate Change

Franchise Brands plc ("Franchise Brands", the "Company") announces that Andrew Mallows, Finance Director, yesterday resigned from the Company and Board and will step down with immediate effect.  Having helped the Company prepare for and complete its IPO, Andrew has decided to return to his agricultural interests. Franchise Brands has an established finance team and longstanding group financial controller, but the Board has begun the process to find a new Finance Director for the Company and will update the market in due course.

Stephen Hemsley, Executive Chairman of Franchise Brands, commented:

"Andrew joined us as Finance Director in May ahead of the IPO. I would like to thank him for his assistance with the IPO and wish him every success in the future". 

-      Ends -

For further information, please contact:

Franchise Brands plc                                                                   0800 012 6462

Stephen Hemsley, Executive Chairman

Tim Harris, Chief Executive Officer

Julia Choudhury, Corporate Development Director

MHP Communications                                                              [phone]
(Financial PR)                                                                              [e-mail]

Katie Hunt, Managing Director
Jade Neal, Associate Director

Allenby Capital Limited                                                             [phone]
(Nominated Adviser and Joint Broker)
Jeremy Porter/ James Thomas / Liz Kirchner
 

 

END

 

 

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