Franchise Brands PLC Transaction in Own Shares (5135S)

TIDMFRAN

RNS Number : 5135S

Franchise Brands PLC

12 March 2019

12 March 2019

FRANCHISE BRANDS PLC

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

TRANSACTION IN OWN SHARES

The Board of Franchise Brands announces that, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 25 April 2018, on 11 March 2019 the Company purchased 4,150 of its own ordinary shares of 0.5p each ("Ordinary Shares") at a price of 68.5p per share. These shares will be held as treasury shares.

Following this transaction, the total number of Ordinary Shares held as treasury shares by the Company is 229,500 Ordinary Shares. The total number of Ordinary Shares in issue is 77,732,033 (including shares held as treasury shares). Therefore, the total number of voting rights in the Company is 77,502,533 which 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.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Dowgate Capital Stockbrokers at their discretion on behalf of the Company as part of the buyback programme.

Enquiries:

 
 Franchise Brands plc                           [phone] 
 Stephen Hemsley, Executive Chairman 
 Chris Dent, Chief Financial Officer 
  Julia Choudhury, Corporate Development 
  Director 
 
 Allenby Capital Limited (Nominated Adviser         [phone] 
  and Joint Broker)                                            5656 
 Jeremy Porter/ Liz Kirchner 
 
 Dowgate Capital Stockbrokers (Joint                [phone] 
  Broker)                                                      7715 
 James Serjeant / Colin Climie 
 
                                                    [phone] 
 MHP Communications (Financial PR)                             8100 
 Katie Hunt 
 
 

Schedule of Purchases

 
 Shares purchased:    Franchise Brands plc (ISIN: GB00BD6P7Y24) 
 Date of purchases:   11 March 2019 
 Investment firm:     Dowgate Capital Stockbrokers 
 

Aggregate information:

 
 Venue                    Volume-weighted         Aggregated volume 
                           average price, pence 
 London Stock Exchange    68.5p                   4,150 
 

Individual transaction:

 
 Number of shares   Transaction   Time of transaction   Trading venue 
  purchased          price 
                     (pence per 
                     share) 
                                                        London Stock 
 4,150              68.5p         15:20                  Exchange 
 

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END

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March 12, 2019 03:00 ET (07:00 GMT)