Last checked at 14 Oct 2016 07:00
DISSEMINATION OF A REGULATORY ANNOUNCEMENT THAT CONTAINS INSIDE INFORMATION ACCORDING TO REGULATION (EU) NO 596/2014 (MAR).
14 October 2016
FRANCHISE BRANDS PLC
("Franchise Brands", the "Company" or the "Group")
Directorate Change
Franchise Brands plc ("Franchise Brands", the "Company") announces that Andrew Mallows, Finance Director, yesterday resigned from the Company and Board and will step down with immediate effect. Having helped the Company prepare for and complete its IPO, Andrew has decided to return to his agricultural interests. Franchise Brands has an established finance team and longstanding group financial controller, but the Board has begun the process to find a new Finance Director for the Company and will update the market in due course.
Stephen Hemsley, Executive Chairman of Franchise Brands, commented:
"Andrew joined us as Finance Director in May ahead of the IPO. I would like to thank him for his assistance with the IPO and wish him every success in the future".
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For further information, please contact:
Franchise Brands plc 0800 012 6462
Stephen Hemsley, Executive Chairman
Tim Harris, Chief Executive Officer
Julia Choudhury, Corporate Development Director
MHP Communications +44 (0) 20 3128 8794(Financial PR) franchisebrands@mhpc.com
Katie Hunt, Managing DirectorJade Neal, Associate Director
Allenby Capital Limited +44 (0) 20 3328 5656(Nominated Adviser and Joint Broker)Jeremy Porter/ James Thomas / Liz Kirchner