Last checked at 24 Oct 2017 13:26
24 October 2017
Franchise Brands plc
("Franchise Brands", the "Company" or "Group")
Director/PCA shareholding
Franchise Brands plc (AIM: FRAN) has been informed that three directors of the Company purchased ordinary shares in the Company ("Ordinary Shares") yesterday at a price of 58.5p per share as follows:
Stephen Hemsley, Executive Chairman of the Company, has purchased 46,000 Ordinary Shares and his wife Sharon Hemsley has also purchased 46,000 Ordinary Shares. Mr Hemsley and his wife now have a total beneficial interest in 20,640,117 Ordinary Shares, equivalent to 26.55% of the Company's issued share capital.
Glengrace Limited, a company which is owned by Nigel Wray, Non-Executive Director of the Company, has purchased 92,000 Ordinary Shares and Nigel Wray now has a total beneficial interest in 21,720,120 Ordinary Shares, equivalent to 27.94% of the Company's issued share capital.
David Poutney, Non-Executive Director of the Company, has purchased 91,000 Ordinary Shares and now controls a total of 2,209,970 Ordinary Shares, equivalent to 2.84% of the Company's issued share capital.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Stephen Hemsley | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive Chairman | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Franchise Brands plc | ||||
b) | LEI | 213800CFRX6CJ8LCKN37 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of 0.5p each in Franchise Brands plc
Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24 | ||||
b) | Nature of the transaction | Purchase of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 23 October 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Sharon Hemsley | ||||
2 | Reason for the notification | |||||
a) | Position/status | PCA of Stephen Hemsley, Executive Chairman | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Franchise Brands plc | ||||
b) | LEI | 213800CFRX6CJ8LCKN37 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of 0.5p each in Franchise Brands plc
Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24 | ||||
b) | Nature of the transaction | Purchase of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 23 October 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Nigel Wray | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive Director | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Franchise Brands plc | ||||
b) | LEI | 213800CFRX6CJ8LCKN37 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of 0.5p each in Franchise Brands plc
Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24 | ||||
b) | Nature of the transaction | Purchase of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 23 October 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | David Poutney | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive Director | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Franchise Brands plc | ||||
b) | LEI | 213800CFRX6CJ8LCKN37 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of 0.5p each in Franchise Brands plc
Identification code (ISIN) for Franchise Brands plc ordinary shares: GB00BD6P7Y24 | ||||
b) | Nature of the transaction | Purchase of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 23 October 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
The information set out in this announcement is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
Enquiries:
Franchise Brands plc | +44 (0) 800 012 6462 |
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/ James Thomas/ Liz Kirchner | |
Dowgate Capital Stockbrokers (Joint Broker) | +44 (0) 203 903 7715 |
James Serjeant | |
MHP Communications (Financial PR) | +44 (0) 203 128 8100 |
Katie Hunt/Ivana Petkova |