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Franchise Brands PLC - Holding(s) in Company

RNS Number : 8061N
Franchise Brands PLC
22 May 2020
 

Franchise Brands plc 

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

 

Holding in Company

 

Franchise Brands (AIM: FRAN), a multi-brand franchise business, has been informed that Netcap Limited no longer has a notifiable interest in the total voting rights of the Company, as a result of its shares being transferred to two separate legal entities.

 

 

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)

+44 (0) 203 328 5656

Jeremy Porter / Liz Kirchner / Nicholas Chambers




Dowgate Capital Limited (Joint Broker)

+44 (0) 203 903 7715

James Serjeant / Colin Climie




MHP Communications (Financial PR)

+44 (0) 203 128 8100

Katie Hunt

+44 (0) 7884 494112


[email protected]

 

About Franchise Brands plc

 

Franchise Brands is focused on building market-leading businesses in selected customer segments using primarily a franchise model. The Group currently has a combined network of over 450 franchisees across five franchise brands. Our focus is on established brands which can benefit from our shared support services, specialist sector expertise, management experience and group resources.

 

Franchise Brands' portfolio of market-leading service businesses grew in 2019 with the acquisition of Willow Pumps. The addition of Willow Pumps, a direct labour organisation, represented an important step in expanding Metro Rod and Metro Plumb's range of services to the commercial market.

 

The Group is organised into a B2B division comprised of Metro Rod, Metro Plumb and Willow Pumps, and a B2C division incorporates ChipsAway, Ovenclean and Barking Mad. This divisional organisation of our brands 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 125 years.

 

Franchise Brands plc employs some 290 people across three principal locations in Macclesfield, Kidderminster and Aylesford.

 


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Quick facts: Franchise Brands PLC

Price: 92.5

Market: AIM
Market Cap: £88.54 m
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