TIDMFRAN

RNS Number : 5886U

Franchise Brands PLC

25 November 2019

25 November 2019

Franchise Brands plc

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

Exercise of options and change to total voting rights

Franchise Brands plc (AIM: FRAN), an international multi-brand franchisor, announces the issue of 174,243 new ordinary shares of 0.5 pence each in the Company ("New Ordinary Shares") pursuant to the exercise of EMI options under the Company's 2016 IPO Share Plan.

Application has been made for the admission to trading on AIM ("Admission") of the 174,243 New Ordinary Shares and it is expected that Admission will occur on or around 29 November 2019.

Total voting rights

Following Admission, the Company's issued share capital will consist of 79,513,787 Ordinary Shares, each with one voting right. There are 25,000 Ordinary Shares held in treasury and so the total number of voting rights in the Company will be 79,488,787. This figure 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.

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) 20 3328 5656 
 Jeremy Porter / Liz Kirchner / Nicholas 
  Chambers 
 
 Dowgate Capital Limited (Joint Broker)        +44 (0) 20 3903 7715 
 James Serjeant / Colin Climie 
 MHP Communications (Financial PR)             +44 (0) 20 3128 8100 
 Katie Hunt / Patrick Hanrahan

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END

IOEDMMZMKKNGLZM

(END) Dow Jones Newswires

November 25, 2019 10:49 ET (15:49 GMT)

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