Franchise Brands PLC Result of AGM

RNS Number : 7427H

Franchise Brands PLC

07 May 2025

 

7 May 2025

 

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 proposed were duly passed on a poll.

 

The votes validly received from shareholders and cast (or withheld) at the meeting on each resolution are set out below:

 

Resolution	Purpose of the resolution	Votes For	% of Votes Cast	Votes Against	% of Votes Cast	Total votes cast (excluding votes withheld	Votes Withheld
ORDINARY RESOLUTIONS
1.	To receive the 2024 annual report and financial statements	133,007,455	100.00%	-	0.00%	133,007,455	-
2.	Declaration of final dividend	133,007,455	100.00%	-	0.00%	133,007,455	-
3.	Remuneration Committee Report (advisory vote)	130,137,026	97.84%	2,870,429	2.16%	133,007,455	-
4.	Re-election of Andy Brattesani	133,007,455	100.00%	-	0.00%	133,007,455	-
5.	Re-election of Louise George	133,007,455	100.00%	-	0.00%	133,007,455	-
6.	Re-election of Stephen Hemsley	133,007,455	100.00%	-	0.00%	133,007,455	-
7.	Re-election of Pete Kear	132,238,166	99.42%	769,289	0.58%	133,007,455	-
8.	Re-election of Andrew Mallows	130,954,759	98.46%	2,052,696	1.54%	133,007,455	-
9.	Re-election of Peter Molloy	130,954,759	98.46%	2,052,696	1.54%	133,007,455	-
10.	Re-election of Nigel Wray	133,007,455	100.00%	-	0.00%	133,007,455	-
11.	To reappoint PKF Littlejohn LLP as auditors of the Company	133,007,455	100.00%	-	0.00%	133,007,455	-
12.	Authority to determine remuneration of the auditors	133,006,685	100.00%	-	0.00%	133,006,685	770
13.	Authority to allot shares	125,782,164	94.57%	7,219,696	5.43%	133,001,860	5,595
SPECIAL RESOLUTIONS
14.	Disapplication of pre-emption rights	130,083,386	98.12%	2,494,299	1.88%	132,577,685	429,770
15.	Additional disapplication of pre-emption rights (for an acquisition or other specified capital investment)	124,162,072	93.65%	8,416,383	6.35%	132,578,455	429,000
16.	Authority to purchase own shares	132,993,637	99.99%	13,818	0.01%	133,007,455	-

 

 

Enquiries:

Franchise Brands plc	+ 44 (0) 1625 813231
Stephen Hemsley, Executive Chairman Peter Molloy, CEO
Andrew Mallows, CFO
Julia Choudhury, Corporate Development Director
Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker)	[phone]
Matthew Blawat
Nick Harland
Allenby Capital Limited (Joint Broker)	[phone]
Jeremy Porter / Daniel Dearden-Williams (Corporate Finance)
Amrit Nahal / Joscelin Pinnington (Sales & Corporate Broking)
Dowgate Capital Limited (Joint Broker)	[phone]
James Serjeant (Corporate Broking)
Malar Velaigam / Colin Climie (Sales)
MHP Group (Financial PR)	[phone]
Katie Hunt / Hugo Harris	[phone]
	[e-mail]

 

About Franchise Brands plc

 

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group's central support services, particularly technology, marketing, and finance. At the heart of Franchise Brands' business-building strategy is helping its franchisees grow their businesses: "as they grow, we grow".

Franchise Brands employs almost 650 people across the Group and there are over 3,000 people in the franchise community.

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

 

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