TIDMFRAN

RNS Number : 8061N

Franchise Brands PLC

22 May 2020

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.

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END

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May 22, 2020 11:42 ET (15:42 GMT)

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