Franchise Brands PLC Director/PDMR Shareholding (2381B)

TIDMFRAN

RNS Number : 2381B

Franchise Brands PLC

09 June 2021

FRANCHISE BRANDS PLC

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

Director/PDMR Notification

Franchise Brands plc (AIM: FRAN), a multi-brand franchise business, announces that Chris Dent, Chief Financial Officer, has purchased 699 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares"), at a price of 143 pence per Ordinary Share. Following this purchase, Chris Dent now has a total interest in 61,302 Ordinary Shares, equivalent to 0.06% of the Company's total voting rights.

The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

Enquiries:

 
 Franchise Brands plc                          + 44 (0) 1625 813231 
 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 (Corporate 
  Finance) 
  Amrit Nahal (Sales and Corporate Broking) 
 
 Dowgate Capital Limited (Joint Broker)        [phone] 
 James Serjeant / Colin Climie / Nicholas 
  Chambers 
 
 MHP Communications (Financial PR)             [phone] 
 Katie Hunt                                    [phone] 
                                               [e-mail] 
 

About Franchise Brands plc

Franchise Brands is focused on building market-leading businesses in selected customer segments, primarily via a franchise model. The Group currently has a combined network of over 425 franchisees across five principal franchise brands. Our focus is on established brands which can benefit from our shared support services, specialist sector expertise, management experience and group resources.

The Group is organised into a B2B division comprised of Metro Rod, Metro Plumb and Willow Pumps, and a B2C division that incorporates ChipsAway, Ovenclean and Barking Mad. This divisional organisation is designed to provide a greater focus and structure to support the strategic development of our B2B and B2C brands. Each of our brands are leaders in their respective markets and each brand has a long trading history. The combined trading history of all the Group's brands is over 135 years.

Franchise Brands plc employs 265 people across three principal locations in Macclesfield, Kidderminster and Aylesford.

For further information, visit www.franchisebrands.co.uk .

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                          Chris Dent 
     ----------------------------  ---------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status               Chief Financial 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                           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 
       financial instrument,         in Franchise Brands plc 
       type of instrument 
       Identification code           Identification code (ISIN) for 
                                     Franchise Brands plc ordinary 
                                     shares: GB00BD6P7Y24 
     ----------------------------  ---------------------------------- 
 b)   Nature of the transaction     Purchase of ordinary shares 
     ----------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)        Price: 143p 
                                     Volume: 699 shares 
     ----------------------------  ---------------------------------- 
 d)   Aggregated information        n/a 
       - Aggregated volume 
       - Price 
     ----------------------------  ---------------------------------- 
 e)   Date of the transaction       7 June 2021 
     ----------------------------  ---------------------------------- 
 f)   Place of the transaction      London Stock Exchange - AIM 
     ----------------------------  ---------------------------------- 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHDGGDLLDGDGBI

(END) Dow Jones Newswires

June 09, 2021 02:00 ET (06:00 GMT)