Franchise Brands PLC Director/PDMR Shareholding (6361Z)

TIDMFRAN

RNS Number : 6361Z

Franchise Brands PLC

04 September 2018

4 September 2018

FRANCHISE BRANDS PLC

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

Director/PDMR shareholding

Franchise Brands (AIM: FRAN) has been informed that David Poutney, Non-Executive Director of the Company, on 3 September 2018 purchased 60,000 ordinary shares in the Company ("Ordinary Shares") at a price of 80p pence per share.

Following this purchase, Mr Poutney now controls a total of 3,310,791 Ordinary Shares, equivalent to 4.26% of the Company's issued share capital.

For further information, please contact:

 
 Franchise Brands plc                            [phone] 
 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 
 
 Dowgate Capital Stockbrokers (Joint Broker)    [phone] 
 James Serjeant / Colin Climie 
 
 MHP Communications (Financial PR)              [phone] 
 Katie Hunt 
 

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                        David 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                         213800CFRX6CJ8LCKN37 
     --------------------------  ------------------------------------------ 
 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 each in Franchise 
       financial instrument,       Brands plc 
       type of instrument 
       Identification code         Identification code (ISIN) for Franchise 
                                   Brands plc ordinary shares: GB00BD6P7Y24 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction   Purchase of shares 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     80p        60,000 
                                               ---------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information      [n/a] 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     3 September 2018 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    London Stock Exchange, AIM (XLON) 
     --------------------------  ------------------------------------------ 
 

The information set out in this announcement is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHBLGDCXSGBGIX

(END) Dow Jones Newswires

September 04, 2018 02:01 ET (06:01 GMT)