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Franchise Brands PLC

Franchise Brands PLC - Transaction in Own Shares

RNS Number : 6616R
Franchise Brands PLC
04 March 2019
 

04 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 01 March 2019 the Company purchased 2,9      00 of its own ordinary shares of 0.5p each ("Ordinary Shares") at a price of 70p 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 214,550 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 77,517,483 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

+44 (0) 1562 826705

Stephen Hemsley, Executive Chairman

 

Chris Dent, Chief Financial Officer

Julia Choudhury, Corporate Development Director

 

 

 

 

Allenby Capital Limited (Nominated Adviser and Joint Broker)

+44 (0) 203 328 5656

Jeremy Porter/ Liz Kirchner

 

 

 

 

Dowgate Capital Stockbrokers (Joint Broker)

+44 (0) 203 903 7715

James Serjeant / Colin Climie

 

 

 

 

MHP Communications (Financial PR)

+44 (0) 203 128 8100

Katie Hunt

 

 

Schedule of Purchases

 

Shares purchased: 

Franchise Brands plc (ISIN: GB00BD6P7Y24)

Date of purchases:

01 March 2019

Investment firm: 

Dowgate Capital Stockbrokers

 

Aggregate information:

 

Venue

Volume-weighted
average price, pence

Aggregated volume

London Stock Exchange

70p

2,900

 

 

Individual transaction:

 

Number of shares purchased

Transaction price
(pence per share)

Time of transaction

Trading venue

2,900

70p

15:42

London Stock Exchange

 

 


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