Exercise of options and change to TVR

RNS Number : 5886U

Franchise Brands PLC

25 November 2019

 

25 November 2019

Franchise Brands plc 

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

Exercise of options and change to total voting rights

Franchise Brands plc (AIM: FRAN), an international multi-brand franchisor, announces the issue of 174,243 new ordinary shares of 0.5 pence each in the Company ("New Ordinary Shares") pursuant to the exercise of EMI options under the Company's 2016 IPO Share Plan.

Application has been made for the admission to trading on AIM ("Admission") of the 174,243 New Ordinary Shares and it is expected that Admission will occur on or around 29 November 2019.

Total voting rights

Following Admission, the Company's issued share capital will consist of 79,513,787 Ordinary Shares, each with one voting right. There are 25,000 Ordinary Shares held in treasury and so the total number of voting rights in the Company will be 79,488,787. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

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 / Nicholas Chambers
Dowgate Capital Limited (Joint Broker)	[phone]
James Serjeant / Colin Climie
MHP Communications (Financial PR)	[phone]
Katie Hunt / Patrick Hanrahan

 

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