Franchise Brands PLC Holdings in Company and director's holding (1365L)
April 28 2020 - 3:30AM
UK Regulatory
TIDMFRAN TIDM88DB
RNS Number : 1365L
Franchise Brands PLC
28 April 2020
Franchise Brands plc
("Franchise Brands", the "Company" or "Group")
Holdings in Company and director's holding
Franchise Brands (AIM: FRAN), a multi-brand franchise business,
has received the TR-1 shareholding notification set out below for
RBC Trustees (Jersey) Limited as trustee of Nigel Wray's family
trust, as a result of a change in the Company's issued share
capital and total voting rights. The total beneficial interest in
the Company of Nigel Wray, Non-Executive Director of the Company,
remains unchanged at 21,720,120 ordinary shares, which represents
23.83 per cent. of the current total voting rights in the Company.
This interest includes the 14,026,380 ordinary shares set out in
the form below which are held by Vidacos Nominees Limited, acting
as nominee for RBC Trustees (Jersey) Limited as trustee of Mr
Wray's family trust.
As stated in the Company's announcement of 21 April 2020, Mr
Wray's total beneficial interest in the Company is expected to
increase on completion of the recent fundraising on 30 April 2020
to 22,275,676 ordinary shares, which will represent 23.39 per cent.
of the then total voting rights in the Company.
The TR-1 standard form for notification of major holdings is set
out below without amendment.
TR-1: S tandard form for notification of major holdings
1a. Identity of the issuer or the Franchise Brands PLC
underlying issuer of existing shares
to which voting rights are attached
(ii) :
--------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer (please mark with
an "X" if appropriate)
Non-UK issuer N/a
----
2. Reason for the notification (please mark the appropriate box or boxes
with an "X")
An acquisition or disposal of voting rights N/a
----
An acquisition or disposal of financial instruments N/a
----
An event changing the breakdown of voting rights N/a
----
Other (please specify)(iii) : Change in Issued Share Capital X
----
3. Details of person subject to the notification obligation (iv)
Name Royal Bank of Canada
City and country of registered office
(if applicable)
4. Full name of shareholder(s) (if different from 3) (v)
Name RBC Trustees (Jersey) Limited
--------------------------------------------
City and country of registered office
(if applicable)
--------------------------------------------
5. Date on which the threshold was 27/04/2020
crossed or reached (vi) :
--------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 27/04/2020
--------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) of issuer (vii)
of 8. A) (total of 8.B
1 + 8.B 2)
------------------ --------------------- -------------- --------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 15.39% 15.39% 91,162,924
------------------ --------------------- -------------- --------------------
Position of
previous notification
(if
applicable) 17.95% 17.95% 78,102,423
------------------ --------------------- -------------- --------------------
8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached (viii)
A: Voting rights attached to shares
Class/type of Number of voting rights % of voting rights
shares (ix)
ISIN code (if
possible)
Direct Indirect Direct Indirect
(Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive
2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.1) (DTR5.2.1) (DTR5.2.1)
--------------------------
GB00BD6P7Y24 14,026,380 15.39%
---------------------- -------------------------- ------------------------- ---------------------
SUBTOTAL 8. A 14,026,380 15.39%
-------------------------------------------------- ------------------------------------------------
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion Period rights that may rights
instrument (x) (xi) be acquired if
the instrument
is
exercised/converted.
----------- ------------------------------ -------------------------------- ---------------------
N/a
----------- ------------------------------ -------------------------------- ---------------------
SUBTOTAL 8. B 1
------------------------------ -------------------------------- ---------------------
B 2: Financial Instruments with similar economic effect according to
Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of Expiration Exercise/ Physical or Number of % of voting
financial date (x) Conversion cash voting rights rights
instrument Period (xi) settlement
(xii)
---------------- -------------------- -------------------- --------------------
N/a
----------- -------------------- -------------------- --------------------
SUBTOTAL 8.B.2
-------------------- --------------------
9. Information in relation to the person subject to the notification
obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled
by any natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer (xiii)
Full chain of controlled undertakings through which the voting rights X
and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity (xiv) (please add additional
rows as necessary)
Name (xv) % of voting rights % of voting rights Total of both if
if it equals or through financial it equals or is
is higher than the instruments if it higher than the
notifiable threshold equals or is higher notifiable threshold
than the notifiable
threshold
---------------------- --------------------- ------------------------
Royal Bank of Canada 15.39% 15.39%
(Parent company)
---------------------- --------------------- ------------------------
RBC Trustees (Jersey)
Limited 15.39% 15.39%
---------------------- --------------------- ------------------------
10. In case of proxy voting, please identify:
Name of the proxy holder N/a
-----------------------------------------------
The number and % of voting rights N/a
held
-----------------------------------------------
The date until which the voting rights N/a
will be held
-----------------------------------------------
11. Additional information (xvi)
The total number of voting rights in the Company is 91,162,924 shares
as at 27/04/2020.
Place of completion Jersey, Channel Islands
Date of completion 27/04/2020
------------------------
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END
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