TIDMFRAN

RNS Number : 3281L

Franchise Brands PLC

30 April 2020

30 April 2020

Franchise Brands plc

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

Total Voting Rights

Franchise Brands (AIM: FRAN), a multi-brand franchise business, announces that the issued share capital of the Company at the date of this announcement comprises 95,266,313 ordinary shares of 0.5 pence ("Ordinary Shares"), each with one voting right . The Company holds 25,000 Ordinary Shares in treasury and t herefore, the total number of voting rights in the Company is 95,241,313.

The figure of 95,241,313 should 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.

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.

For further information, visit www.franchisebrands.co.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

April 30, 2020 12:00 ET (16:00 GMT)

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