Last checked at 22 May 2020 16:42
Franchise Brands plc
("Franchise Brands", or the "Company" or "Group")
Holding in Company
Franchise Brands (AIM: FRAN), a multi-brand franchise business, has been informed that Netcap Limited no longer has a notifiable interest in the total voting rights of the Company, as a result of its shares being transferred to two separate legal entities.
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 |
franchisebrands@mhpc.com |
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 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.