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Franchise Brands PLC - Directors’ shareholdings

RNS Number : 4424P
Franchise Brands PLC
09 June 2020
 

FRANCHISE BRANDS PLC

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

 

Directors' shareholdings

 

Franchise Brands plc (AIM: FRAN), a multi-brand franchise business, announces that with the issue of the scrip dividend shares yesterday, as per the announcement on 3 June 2020, the shareholdings of the Directors of the Company are now as follows:

 

 

Total interest in ordinary shares

% of total voting rights

Stephen Hemsley

   22,147,669

23.16

Chris Dent

             26,206

0.03

Peter Molloy

             33,861

0.04

Tim Harris

      1,370,731

1.43

Julia Choudhury

      1,524,365

1.59

Colin Rees

          353,375

0.37

Nigel Wray

   22,366,303

23.39

David Poutney

      3,585,146

3.75

Rob Bellhouse

          111,260

0.12

 

All the Directors of the Group elected to take the scrip dividend. However, some of the underlying nominee custodians of their shareholdings were unable to accommodate this request. Therefore, the Directors have, in total, received 263,055 new ordinary shares, representing 79% of their elections for scrip dividend shares, and £68,525 as cash dividends.

 

 

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 that 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.

 

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

 

 

 


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 [email protected] or visit www.rns.com.
 
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