||EPS - Basic
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Franchise Brand Share Discussion Threads
Showing 51 to 74 of 75 messages
|5% owned by secret owner set up last year!!!|
|Grabbed a few more got to take advantage of the dips|
|Franchise Brands PLC Result of GMSource: UK Regulatory (RNS & others)TIDMFRANRNS Number : 0623CFranchise Brands PLC10 April 201710 April 2017FRANCHISE BRANDS PLC("Franchise Brands", the "Company" or the "Group")Result of General Meeting re acquisition of Metro Rod Limited ("Metro Rod") and GBP20 million placingFranchise Brands plc, a multi-brand international franchisor, is pleased to announce that further to its announcement of 23 March 2017, at the General Meeting held earlier today all resolutions were duly passed. Accordingly, the acquisition of Metro Rod and the placing to raise gross proceeds of GBP20,000,000 are now only conditional on admission of the enlarged share capital to trading on AIM ("Admission"), which is expected to take place tomorrow, 11 April 2017, and satisfaction of the outstanding conditions set out in the Acquisition Agreement, the Facilities Agreement with HSBC and the Placing Agreement, which are expected to be satisfied on or before Admission.The same definitions apply throughout this announcement as set out in the announcement of 23 March 2017, unless the context requires otherwise.- Ends -|
|Excellent appointment a wealth of experience he has. Share price will push a lot higher than £1 another flurry of buys and up she goes !|
|Franchise Brands PLC Senior management appointmentSource: UK Regulatory (RNS & others)TIDMFRANRNS Number : 3117BFranchise Brands PLC03 April 20173 April 2017FRANCHISE BRANDS PLC("Franchise Brands" or the "Group" or the "Company")Senior management appointmentFranchise Brands plc, a multi-brand international franchisor, announces that Colin Rees has been appointed to the new position of Chief Information Officer (a non-Board position), effective 1 April 2017.Colin was until very recently Director of IT at Domino's Pizza where he was responsible for the IT infrastructure of the business from the point-of-sale system in over 1,000 stores, via the mobile and Web ordering system, through to the recently launched ERP infrastructure. He previously held a number of senior IT roles at EasyJet including Head of Software Delivery. Colin started his career at Argos plc and held a number of positions over a 10-year period.Commenting on the appointment Stephen Hemsley, Executive Chairman, said:"I am delighted Colin is joining Franchise Brands at such an exciting time for the Group. Colin has over 25 years of IT experience gained across a number of blue chip companies and for the past 6 years I have greatly enjoyed working with him in his role as Director of IT at Domino's Pizza. With the forthcoming completion of the acquisition of Metro Rod Limited, Franchise Brand's information and IT requirements will be of central importance to the Group and Colin will become a key member of our commercial team, helping to drive efficiency and synergies across the enlarged Group through enhanced and common operating, management information and workflow systems."Options over 285,000 new ordinary shares of 0.5 pence each in the Company, exercisable at a price of 87.5p per share, have been issued to Colin under the Company's existing long term incentive plan ("LTIP"). Subject to the rules of the LTIP, these options will vest on or after the third anniversary of their issue. The exercise price of the options represents the closing mid-market price of the Company's shares on 31 March 2017.- Ends -For further information, please contact:Franchise Brands plc + 44 (0) 800 012 6462Stephen Hemsley, Executive ChairmanJulia Choudhury, Corporate Development DirectorMHP Communications +44 (0) 20 3128 8100(Financial PR) firstname.lastname@example.orgKatie Hunt / Hannah WinterAllenby Capital Limited +44 (0) 20 3328 5656(Nominated Adviser and Joint Broker)Jeremy Porter/ James Thomas / Liz KirchnerDowgate Capital Stockbrokers +44 (0)1293 517744(Joint Broker)James Serjeant / Neil BadgerThis information is provided by RNSThe company news service from the London Stock ExchangeENDMSCEAXLDEEAXEEF(END) Dow Jones NewswiresApril 03, 2017 03:04 ET (07:04 GMT)|
|Is that 11000 yours trt?|
|I think I'll take advantage of the dip and top up my holding. In time to collect the dividend too !|
|Tightly held these shares even the smallest of buys pushes the price up.|
|Yes but theses companies are profit making before the acquisition so they hit the ground running so to speak.|
|All got to be bedded in first takes time and money|
|These acquisitions are strongly earnings enhancing and will result in increased profits and dividends going forward. The share price level now certainly does not reflect potential future profits, that's why we have and are seeing buyers flocking in.|
|Think price will drop back over next couple weeks until new shares listed and absorbedNice profit for city boys and management who get shares at 67pIf price stays aboveThey will take their profit and push price back short term unless drops to listing price before 8th April but long term this will rise over £1|
|Like the Metro Plumb franchise being developed by Metro Rod very much. Nice growth there. Was a bit worried, first off this morning, that Metro Rod was an established business and I couldn't really see the growth in it. But then I saw Metro Plumb. Will have to look at the accounts but I think I'm sticking around. Franchise Brands management is very good after all.
Happy to have bought in at 71p and then all this blew up. (Love Barking Mad as a concept which is what brought me in in the first place.) Was hoping for a string of smaller franchises, smaller than this new one anyway, but hey ho. Nice early profit.|
|It make no odds really, as for me this is a buy and long term hold|
|Trt surely you could have topped up in the book build at 67 p?|
|Barking Mad I am talking about. Could well end up in the blue by the close of play today.|
|This acquisition is hugely earning enhancing I have topped up this morning.|
|This appears to be a way for enserve Ltd to get a listing by reversing into franchise brands!|
|Timeing is everything|
|Yes as mentioned before I thought something was about to happen|
|Must be a big one.|
|22 March 2017
FRANCHISE BRANDS PLC
("Franchise Brands", the "Group", or the "Company")
Statement re share price movement and suspension of share trading on AIM
Franchise Brands, a multi-brand international franchisor, notes the recent price movement of its shares on AIM and confirms that the Company is in advanced stages regarding a potential acquisition which would constitute a reverse takeover under the AIM Rules for Companies. Whilst the Company has entered into an exclusive agreement regarding the potential acquisition, any transaction remains subject to a number of factors, including completing due diligence and negotiations to the Company's satisfaction, and, as such, there can be no certainty that a final binding agreement will be reached.
The potential acquisition would be consistent with the Company's strategy, as outlined at the time of its recent IPO, to pursue selective acquisitions of complementary franchise businesses that could benefit from the Company's central services and also the experience of the Board and management team in developing franchise businesses.
Should the proposed acquisition proceed, as it would constitute a reverse takeover under rule 14 of the AIM Rules for Companies, shareholder approval will be required. As such, a further announcement with full details of the transaction would be issued at the appropriate time once binding contracts are entered into and an admission document published and sent to shareholders with a notice of general meeting. In accordance with rule 14 of the AIM Rules for Companies, the Company's shares will be suspended from trading on AIM with immediate effect until either publication of the admission document or announcement of the transaction not proceeding.
The Company is also in the process of finalising its audited financial results for the year to 31 December 2016, which are expected to be announced shortly|
|Here we go!
22 March 2017
TEMPORARY SUSPENSION OF TRADING ON AIM
FRANCHISE BRANDS PLC
At the request of the company trading on AIM for the under-mentioned securities has been temporarily suspended from 22/03/2017 1:00pm, pending an announcement and publication of an admission document.
Ordinary Shares of 0.5p Each Fully Paid (BD6P7Y2)(GB00BD6P7Y24)
If you have any queries relating to the above, please contact the company's nominated adviser on +44 (0) 20 3328 5656|