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Transaction in Own Shares

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RNS Number : 0556V
Franchise Brands PLC
04 April 2019
 

4 April 2019

 

Franchise Brands plc

 

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

 

TRANSACTION IN OWN SHARES

 

The Board of Franchise Brands announces that, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 25 April 2018, on 3 April 2019 the Company purchased 25,000 of its own ordinary shares of 0.5p each ("Ordinary Shares") at a price of 73.5p per share. These shares will be held as treasury shares.

 

Following this transaction, the total number of Ordinary Shares held as treasury shares by the Company is 283,700 Ordinary Shares. The total number of Ordinary Shares in issue is 77,732,033 (including shares held as treasury shares). Therefore, the total number of voting rights in the Company is 77,448,333 which 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. 

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Dowgate Capital Stockbrokers on behalf of the Company as part of the buyback programme.

 

Enquiries:

 

Franchise Brands plc

+ 44 (0) 1562 826705

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

 

 




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


 

Schedule of Purchases

 

Shares purchased: 

Franchise Brands plc (ISIN: GB00BD6P7Y24)

Date of purchases:

3 April 2019

Investment firm: 

Dowgate Capital Stockbrokers

 

Aggregate information:

 

Venue

Volume-weighted
average price, pence

Aggregated volume

London Stock Exchange

73.5p

25,000

  

Individual transaction:

 

Number of shares purchased

Transaction price
(pence per share)

Time of transaction

Trading venue

25,000

73.5p

16:18

London Stock Exchange

 


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 [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Franchise Brands PLC

Price: 93.5

Market: AIM
Market Cap: £74.16 m
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