Franchise Brands PLC Result of AGM (6333W)

TIDMFRAN

RNS Number : 6333W

Franchise Brands PLC

18 April 2023

18 April 2023

Franchise Brands plc

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

Result of Annual General Meeting

Franchise Brands plc (AIM: FRAN), an international multi-brand franchise business, is pleased to announce that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed on a poll.

The proxy votes received from shareholders on each resolution are set out below:

 
      Resolution            Description          Votes       % of       Votes       %           Total          Votes 
                                                  For        Votes     Against      of        votes cast      Withheld 
                                                              Cast                 Votes      (excluding 
                                                                                   Cast     votes withheld 
       ORDINARY 
      RESOLUTIONS 
---------------------  --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            To receive 
                              the 2022 
                             report and 
                             financial 
       RES:001               statements       108,171,709   100.00%       -       0.00%      108,171,709         - 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Declaration 
                              of final 
       RES:002                dividend        108,171,709   100.00%       -       0.00%      108,171,709         - 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                              of Robin 
                             Christian 
       RES:003               Bellhouse        108,114,676   99.95%     55,944     0.05%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                             of Andrew 
                              Vincent 
       RES:004           Guilio Brattesani    108,164,620   99.99%      6,000     0.01%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                              of Julia 
                              Rosalind 
       RES:005               Choudhury        108,158,330   99.99%     12,290     0.01%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                             of Timothy 
       RES:006              John Harris       108,158,330   99.99%     12,290     0.01%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                             of Stephen 
       RES:007              Glen Hemsley      108,158,330   99.99%     12,290     0.01%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                             of Andrew 
       RES:008              John Mallows      108,158,330   99.99%     12,290     0.01%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                              of Peter 
       RES:009              John Molloy       108,158,330   99.99%     12,290     0.01%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                              of David 
       RES:010              John Poutney      108,117,676   99.95%     52,944     0.05%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                              of Colin 
       RES:011               David Rees       108,158,330   99.99%     12,290     0.01%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                              of Jason 
                              Charles 
       RES:012                 Sayers         108,158,330   99.99%     12,290     0.01%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                            Re-election 
                              of Nigel 
                              William 
       RES:013                  Wray          108,158,330   99.99%     12,290     0.01%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                           To reappoint 
                              BDO LLP 
                            as auditors 
       RES:014             of the Company     108,118,765   99.95%     52,944     0.05%      108,171,709         - 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                             Authority 
                            to determine 
                            remuneration 
       RES:015            of the auditors     108,110,115   99.95%     52,944     0.05%      108,163,059       8,650 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                             Authority 
                              to allot 
       RES:016                 shares         98,976,338    91.50%    9,194,282   8.50%      108,170,620       1,089 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
 SPECIAL RESOLUTIONS 
---------------------  --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                          Disapplication 
                           of pre-emption 
       RES:017                 rights         98,274,163    90.85%    9,896,546   9.15%      108,170,709       1,000 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                          Disapplication 
                           of pre-emption 
                            rights (for 
                           an acquisition 
                              or other 
                             specified 
                              capital 
       RES:018              investment)       98,276,663    90.86%    9,890,646   9.14%      108,167,309       4,400 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
                             Authority 
                            to purchase 
       RES:019               own shares       108,137,772   99.99%     10,314     0.01%      108,148,086      23,623 
                       --------------------  ------------  --------  ----------  -------  ----------------  ---------- 
 

Enquiries:

 
Franchise Brands plc                               + 44 (0) 162 550 7910 
Stephen Hemsley, Executive Chairman 
Andrew Mallows, Interim Chief Financial Officer 
Julia Choudhury, Corporate Development Director 
 
Allenby Capital Limited (Nominated Adviser 
 and Joint Broker)                                 [phone] 
Jeremy Porter / George Payne (Corporate Finance) 
Amrit Nahal / Joscelin Pinnington (Sales 
 & Corporate Broking) 
 
Dowgate Capital Limited (Joint Broker)             [phone] 
James Serjeant / Russell Cook / Nicholas 
 Chambers 
 
Stifel Nicolaus Europe Limited (Joint Broker)      [phone] 
Matthew Blawat / Francis North 
 
MHP Group (Financial PR)                           [phone] 
Katie Hunt / Catherine Chapman                     [phone] 
                                                   [e-mail] 
 

About Franchise Brands plc

Franchise Brands is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The Group currently has a combined network of 586 franchisees across six principal franchise brands in the UK, North America and Europe.

Franchise Brands' focus is on B2B van-based reactive and planned services. The Company owns several market-leading brands with a long trading history which benefit from the Group's central support services, in particular technology, marketing, management experience and other group resources. At the centre of Franchise Brands' business building strategy is helping its franchisees grow their businesses.

Franchise Brands employs 415 people from 5 principal offices in the UK, Orlando, Florida and the Netherlands.

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

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April 18, 2023 08:56 ET (12:56 GMT)