We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Franchise Brands Plc | LSE:FRAN | London | Ordinary Share | GB00BD6P7Y24 | ORD 0.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 197.50 | 195.00 | 205.00 | 0.00 | 07:34:23 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Offices-holdng Companies,nec | 99.15M | 8.29M | 0.0636 | 31.05 | 257.36M |
From Apr 2019 to Apr 2024
TIDMFRAN
RNS Number : 1197C
Franchise Brands PLC
11 April 2017
11 April 2017
FRANCHISE BRANDS PLC
("Franchise Brands", the "Company" or the "Group")
Completion of acquisition of Metro Rod Limited ("Metro Rod"), Directors' shareholdings and Total Voting Rights
Franchise Brands plc, a multi-brand international franchisor, is pleased to announce that further to its announcement of 10 April 2017, its enlarged share capital has this morning been admitted to trading on AIM and completion of the acquisition of Metro Rod has occurred.
Stephen Hemsley, Executive Chairman, said:
"I am delighted to announce the completion of the acquisition of Metro Rod, which represents a transformational step in respect of implementing the Group's stated buy and build strategy. We welcome Metro Rod to the Franchise Brands Group and look forward to working with our new team members and franchisees."
Directors' shareholdings
All of the Directors of the Company participated in the placing to raise gross proceeds of GBP20 million, details of which were announced on 23 March 2017. The Directors now have the following shareholdings in the Company:
Hot Features
Premium
Number of Percentage
Ordinary of Ordinary
Shares held Shares in
Director issue
Stephen
Hemsley 20,463,117 26.33
Nigel Wray 21,543,120 27.71
David Poutney 2,033,970 2.62
Julia Choudhury 1,204,258 1.55
Tim Harris 1,059,284 1.36
Robin Auld 946,195 1.22
Rob Bellhouse 82,768 0.11
================= ================= =============
Total 47,332,712 60.89
================= ================= =============
Total Voting Rights
The issued share capital of the Company consists of 77,732,033 Ordinary Shares, with one voting right per share. The Company does not hold any shares in treasury.
The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
The same definitions apply throughout this announcement as set out in the announcement of 23 March 2017, unless the context requires otherwise.
For further information, please contact:
Franchise Brands plc
+ 44 (0) 800 012 6462
Stephen Hemsley, Executive Chairman
Julia Choudhury, Corporate Development Director
MHP Communications +44 (0) 20 3128 8100
(Financial PR)
franchisebrands@mhpc.com
Katie Hunt / Hannah Winter
Allenby Capital Limited +44 (0) 20 3328 5656
(Nominated Adviser and Joint Broker)
Jeremy Porter/ James Thomas / Liz Kirchner
Dowgate Capital Stockbrokers +44 (0)1293 517744
(Joint Broker)
James Serjeant / Neil Badger
Further information on Franchise Brands:
Franchise Brands is a group of international multi-brand franchisors with a combined network currently of over 450 franchisees in 12 countries, but predominantly in the UK. The Group's main brands are ChipsAway, a mobile car paintwork repair specialist with over 220 franchisees in the UK; Ovenclean, a mobile domestic oven cleaning business with over 100 franchisees; Barking Mad, a leading franchise provider of dog sitting services in the UK with over 70 franchisees and Metro Rod, a leading provider of drain clearance and maintenance services with 40 franchisees.
Founded in September 2008 by Stephen Hemsley (Executive Chairman) and Nigel Wray (Non-Executive Director), the Group's principal shareholders, Franchise Brands has a highly experienced management team and Board with extensive expertise in franchising (gained through their notable involvement with Domino's Pizza), operating and growing profitable businesses and investigating acquisition targets.
Franchise Brands has developed a highly professional central services platform including marketing, franchise recruitment and support services such as IT, which enables it to support the acquisition of some new franchise brands without significantly increasing its central overhead.
The Board has a clear strategy to build the Group by the selective, earnings enhancing acquisition of high quality franchise businesses that can benefit from its central services, whilst addressing the same B2B and B2C market as its existing brands.
Franchise Brands was admitted to AIM in August 2016 (ticker code: FRAN.L).
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------
a) Name Stephen Glen Hemsley
--- --------------------------- --------------------------
2 Reason for the notification
--- -------------------------------------------------------
a) Position/status Executive Chairman
--- --------------------------- --------------------------
b) Initial notification Initial notification
/Amendment
--- --------------------------- --------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------
a) Name Franchise Brands plc
--- --------------------------- --------------------------
b) LEI n/a
--- --------------------------- --------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -------------------------------------------------------
a) Description of Ordinary shares of 0.5p
the financial instrument, each
type of instrument
Identification ISIN code: GB00BD6P7Y24
code
--- --------------------------- --------------------------
b) Nature of the transaction
--- --------------------------- --------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.67 7,462,686
---------- ----------
--- --------------------------- --------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- --------------------------- --------------------------
e) Date of the transaction 11 April 2017
--- --------------------------- --------------------------
f) Place of the transaction Outside a trading venue
--- --------------------------- --------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------
a) Name Timothy John Harris
--- --------------------------- --------------------------
2 Reason for the notification
--- -------------------------------------------------------
a) Position/status Chief Executive Officer
--- --------------------------- --------------------------
b) Initial notification Initial notification
/Amendment
--- --------------------------- --------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------
a) Name Franchise Brands plc
--- --------------------------- --------------------------
b) LEI n/a
--- --------------------------- --------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -------------------------------------------------------
a) Description of Ordinary shares of 0.5p
the financial instrument, each
type of instrument
Identification ISIN code: GB00BD6P7Y24
code
--- --------------------------- --------------------------
b) Nature of the transaction
--- --------------------------- --------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.67 59,522
---------- ----------
--- --------------------------- --------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- --------------------------- --------------------------
e) Date of the transaction 11 April 2017
--- --------------------------- --------------------------
f) Place of the transaction Outside a trading venue
--- --------------------------- --------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Julia Rosalind Choudhury
--- --------------------------- -------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Corporate Development Director
--- --------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- --------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------------
a) Name Franchise Brands plc
--- --------------------------- -------------------------------
b) LEI n/a
--- --------------------------- -------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ------------------------------------------------------------
a) Description of Ordinary shares of 0.5p
the financial instrument, each
type of instrument
Identification ISIN code: GB00BD6P7Y24
code
--- --------------------------- -------------------------------
b) Nature of the transaction
--- --------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.67 194,029
---------- ----------
--- --------------------------- -------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- --------------------------- -------------------------------
e) Date of the transaction 11 April 2017
--- --------------------------- -------------------------------
f) Place of the transaction Outside a trading venue
--- --------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------
a) Name Robin Nigel Auld
--- --------------------------- --------------------------
2 Reason for the notification
--- -------------------------------------------------------
a) Position/status Marketing Director
--- --------------------------- --------------------------
b) Initial notification Initial notification
/Amendment
--- --------------------------- --------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------
a) Name Franchise Brands plc
--- --------------------------- --------------------------
b) LEI n/a
--- --------------------------- --------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -------------------------------------------------------
a) Description of Ordinary shares of 0.5p
the financial instrument, each
type of instrument
Identification ISIN code: GB00BD6P7Y24
code
--- --------------------------- --------------------------
b) Nature of the transaction
--- --------------------------- --------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.67 37,313
---------- ----------
--- --------------------------- --------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- --------------------------- --------------------------
e) Date of the transaction 11 April 2017
--- --------------------------- --------------------------
f) Place of the transaction Outside a trading venue
--- --------------------------- --------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------
a) Name Nigel William Wray
--- -------------------------- --------------------------
2 Reason for the notification
--- ------------------------------------------------------
a) Position/status Non-Executive Director
--- -------------------------- --------------------------
b) Initial notification Initial notification
/Amendment
--- -------------------------- --------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------
a) Name Franchise Brands plc
--- -------------------------- --------------------------
b) LEI n/a
--- -------------------------- --------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ------------------------------------------------------
a) Description of the Ordinary shares of 0.5p
financial instrument, each
type of instrument
Identification code ISIN code: GB00BD6P7Y24
--- -------------------------- --------------------------
b) Nature of the transaction
--- -------------------------- --------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.67 7,462,686
---------- ----------
--- -------------------------- --------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- -------------------------- --------------------------
e) Date of the transaction 11 April 2017
--- -------------------------- --------------------------
f) Place of the transaction Outside a trading venue
--- -------------------------- --------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------
a) Name Robin Christian Bellhouse
--- -------------------------- --------------------------
2 Reason for the notification
--- ------------------------------------------------------
a) Position/status Non-Executive Director
--- -------------------------- --------------------------
b) Initial notification Initial notification
/Amendment
--- -------------------------- --------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------
a) Name Franchise Brands plc
--- -------------------------- --------------------------
b) LEI n/a
--- -------------------------- --------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ------------------------------------------------------
a) Description of the Ordinary shares of 0.5p
financial instrument, each
type of instrument
Identification code ISIN code: GB00BD6P7Y24
--- -------------------------- --------------------------
b) Nature of the transaction
--- -------------------------- --------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.67 37,313
---------- ----------
--- -------------------------- --------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- -------------------------- --------------------------
e) Date of the transaction 11 April 2017
--- -------------------------- --------------------------
f) Place of the transaction Outside a trading venue
--- -------------------------- --------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------
a) Name David John Poutney
--- --------------------------- --------------------------
2 Reason for the notification
--- -------------------------------------------------------
a) Position/status Non-Executive Director
--- --------------------------- --------------------------
b) Initial notification Initial notification
/Amendment
--- --------------------------- --------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------
a) Name Franchise Brands plc
--- --------------------------- --------------------------
b) LEI n/a
--- --------------------------- --------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- -------------------------------------------------------
a) Description of Ordinary shares of 0.5p
the financial instrument, each
type of instrument
Identification ISIN code: GB00BD6P7Y24
code
--- --------------------------- --------------------------
b) Nature of the transaction
--- --------------------------- --------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.67 1,417,910
---------- ----------
--- --------------------------- --------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- --------------------------- --------------------------
e) Date of the transaction 11 April 2017
--- --------------------------- --------------------------
f) Place of the transaction Outside a trading venue
--- --------------------------- --------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBLGDSLDBBGRG
(END) Dow Jones Newswires
April 11, 2017 03:00 ET (07:00 GMT)
1 Year Franchise Brands Chart |
1 Month Franchise Brands Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
