Dividend Declaration

RNS Number : 9330N

Property Franchise Group PLC (The)

04 February 2021

 

04 February 2021

The Property Franchise Group PLC

(the "Company" or the "Group")

Dividend Declaration

As communicated in the Company's announcement of its recommended acquisition of Hunters Property PLC made on 28 January 2021, the Company announces that it will pay a second interim dividend of 6.6p per share, in lieu of a final dividend for FY 2020.

The interim dividend will be paid on 23 February 2021 to the Company's shareholders on the register as at 12 February 2021. The shares have an ex-dividend date of 11 February 2021.

Publication on website

In accordance with Rule 26.1 of the City Code on Takeovers and Mergers, a copy of this announcement will be available free of charge, subject to certain restrictions relating to persons resident in restricted jurisdictions, on the Company's website at https://thepropertyfranchisegroup.co.uk/investors , by no later than 12.00 p.m. on the business day following this announcement.

Neither the contents of the Company's website, nor those of any other website accessible from hyperlinks on the Company's website, are incorporated into or form part of this announcement.

For further information, please contact:

The Property Franchise Group PLC   Gareth Samples, Chief Executive Officer David Raggett, Chief Financial Officer	01202 292829
Cenkos Securities plc Max Hartley, Callum Davidson (Nominated Adviser) Julian Morse (Sales)	0207 397 8900
Alma PR Susie Hudson  Justine James Harriet Jackson	0203 405 0205 [e-mail]

About The Property Franchise Group PLC:

The Property Franchise Group PLC (AIM: TPFG) is one of the largest property franchises in the UK. The Company was founded in 1986 and has since grown to a diverse portfolio of six brands operating throughout the UK, comprising longstanding high-street brands and a hybrid, no sale no fee agency.

The Property Franchise Group's brands include: 

· Martin & Co: a national lettings focused brand

· EweMove: a national, digitally enabled, hybrid sales and lettings brand

· CJ Hole: a full-service estate agency serving the West Country for 151 years

· Ellis & Co: a full-service estate agency serving London for 168 years

· Parkers: a full-service estate agency serving the M4 corridor for 70 years

· Whitegates: a full-service estate agency serving the Midlands and North of England for 40 years

Headquartered in Bournemouth, UK, the Company was listed on AIM on the London Stock Exchange in 2013. More information is available at  www.propertyfranchise.co.uk

 

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