The Board of Franchise Brands announces that, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 23 April 2019, on 7 August 2019 the Company purchased 25,000 of its own ordinary shares of 0.5p each ("Ordinary Shares") at a price of 82.5p 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 513,700 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 77,218,333 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 Limited on behalf of the Company as part of the buyback programme.
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 Limited (Joint Broker)
+44 (0) 203 903 7715
James Serjeant / Colin Climie
MHP Communications (Financial PR)
+44 (0) 203 128 8100
Schedule of Purchases
Franchise Brands plc (ISIN: GB00BD6P7Y24)
Date of purchases:
7 August 2019
Dowgate Capital Limited
Volume-weighted average price, pence
London Stock Exchange
Number of shares purchased
Transaction price (pence per share)
Time of transaction
London Stock Exchange
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