Propty Franchis Regulatory News (TPFG)

18 March 2022

THE PROPERTY FRANCHISE GROUP PLC

("TPFG", the "Company" or the "Group") 

Rule 19.6 (c) Confirmation 

The Property Franchise Group PLC, the UK's largest property franchisor, announces that further to the completion of its recommended offer for the entire issued and to be issued ordinary share capital of Hunters Property plc, which was effected by way of a scheme of arrangement under Part 26 of the Companies Act 2006 on 19 March 2021, its board of directors has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that the Company has complied with its post-offer statements of intent made pursuant to Rules 2.7(c)(viii) and 24.2 of the Code, as detailed in its announcement of 28 January 2021 and the scheme document published on 10 February 2021. 

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About The Property Franchise Group PLC:

The Property Franchise Group PLC (AIM: TPFG) is the largest property franchisor in the UK and manages the second largest estate agency network and portfolio of lettings properties in the UK.

The Company was founded in 1986 and has since grown to a diverse portfolio of nine brands operating throughout the UK, comprising longstanding high-street focused brands and a hybrid, no sale no fee agency.

The Property Franchise Group's brands are Martin & Co, EweMove, Hunters, CJ Hole, Ellis & Co, Parkers, Whitegates, Mullucks & Country Properties. 

Headquartered in Bournemouth, UK, the Company was listed on AIM on the London Stock Exchange in 2013. More information is available at  www.propertyfranchise.co.uk