Franchise Brands Regulatory News (FRAN)

14 March 2022

Franchise Brands PLC

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

Exercise of options and Total Voting Rights

Franchise Brands (AIM: FRAN), a multi-brand international franchise business, announces the exercise of 354,465 employee options under various of the Company's share option schemes. The options being exercised will be satisfied by the issue of 354,465 new ordinary shares of 0.5p each in the Company ("New Ordinary Shares").

Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is expected that admission of the 354,465 New Ordinary Shares to trading on AIM will become effective on or around 17 March 2022 ("Admission").

The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares.

Total Voting Rights

Upon Admission, the total number of ordinary shares of 0.5p each in the Company in issue will be 123,907,298. There are no ordinary shares held in treasury and therefore the total number of voting rights in the Company from Admission will be 123,907,298. This figure 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. 

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