Directors' shareholdings

RNS Number : 4424P

Franchise Brands PLC

09 June 2020

 

FRANCHISE BRANDS PLC

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

Directors' shareholdings

Franchise Brands plc (AIM: FRAN), a multi-brand franchise business, announces that with the issue of the scrip dividend shares yesterday, as per the announcement on 3 June 2020, the shareholdings of the Directors of the Company are now as follows:

	Total interest in ordinary shares	% of total voting rights
Stephen Hemsley	22,147,669	23.16
Chris Dent	26,206	0.03
Peter Molloy	33,861	0.04
Tim Harris	1,370,731	1.43
Julia Choudhury	1,524,365	1.59
Colin Rees	353,375	0.37
Nigel Wray	22,366,303	23.39
David Poutney	3,585,146	3.75
Rob Bellhouse	111,260	0.12

All the Directors of the Group elected to take the scrip dividend. However, some of the underlying nominee custodians of their shareholdings were unable to accommodate this request. Therefore, the Directors have, in total, received 263,055 new ordinary shares, representing 79% of their elections for scrip dividend shares, and £68,525 as cash dividends.

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

About Franchise Brands plc

Franchise Brands is focused on building market-leading businesses in selected customer segments using primarily a franchise model. The Group currently has a combined network of over 450 franchisees across five franchise brands. Our focus is on established brands which can benefit from our shared support services, specialist sector expertise, management experience and group resources.

Franchise Brands' portfolio of market-leading service businesses grew in 2019 with the acquisition of Willow Pumps. The addition of Willow Pumps, a direct labour organisation, represented an important step in expanding Metro Rod and Metro Plumb's range of services to the commercial market.

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 of our brands 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 125 years.

Franchise Brands plc employs some 290 people across three principal locations in Macclesfield, Kidderminster and Aylesford.

For further information, visit www.franchisebrands.co.uk.

 

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