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Franchise Brands (FRAN) Share News

IN BRIEF: Franchise Brands raises total GBP114.3 million for HAI deal

4th Apr 2023 19:27

Franchise Brands PLC - Manchester-based owner of ChipsAway, Willow Pumps and Metro Rod brands - Raises GBP92 million via placing at 180 pence announced Monday to fund the acquisition of HAI, the owner of Pirtek Europe. Together with a subscription by senior management and employees of Pirtek including Alex McNutt total equity of GBP114.3 million will be issued. Executive Chairman Stephen Hemsley says: "The acquisition brings an established business of scale with an attractive financial profile and growth prospects and will significantly expand the group's range of B2B services, customer base and end markets." Read More

Franchise Brands swoops for Hydraulic Authority, raises equity

3rd Apr 2023 19:30

(Alliance News) - Franchise Brands PLC on Monday purchased Hydraulic Authority I Ltd, the owner of Pirtek Europe, an established European provider of on-site hydraulic hose replacement and associated services, for GBP212.2 million. Read More

TRADING UPDATES: Castillo Copper upgrades mineral resource estimate

9th Mar 2023 20:44

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

EARNINGS SUMMARY: Franchise Brands blooms; Tlou Energy loss widens

9th Mar 2023 14:32

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

UK earnings, trading statements calendar - next 7 days

2nd Mar 2023 15:47

TRADING UPDATES: IQGeo expects results to be ahead of expectations

12th Jan 2023 14:44

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Franchise Brands to top annual expectations

27th Oct 2022 14:39

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

EARNINGS UPDATES: Franchise Brands numbers bolstered by Filta purchase

26th Jul 2022 14:43

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

UK earnings, trading statements calendar - next 7 days

19th Jul 2022 15:52

TRADING UPDATES: Tekcapital fundraise; Kromek wins US government order

25th May 2022 22:02

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Franchise Brands closes offer for recent acquisition Filta

9th May 2022 21:34

Franchise Brands PLC - Manchester-based owner of ChipsAway, Willow Pumps and Metro Rod brands - Says it received acceptances for 29.1 million shares or 99.7% of issued share capital of Filta Group Holdings PLC in offer that closed on Friday. Franchise had already completed the acquisition of the Rugby, England-based provider of cooking oil filtration and fryer management services in early March. Read More

TRADING UPDATES: McColl's "likely" on brink of administration

5th May 2022 21:43

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Loungers posts record revenue; SigmaRoc solid quarter

26th Apr 2022 16:00

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

IN BRIEF: UP Global Sourcing to appoint Dent as CFO on August 1

4th Apr 2022 17:32

UP Global Sourcing Holdings PLC - Oldham, Greater Manchester-based consumer brands owner - Chris Dent joins as chief financial officer designate, and is expected to take up the position of chief financial officer on August 1. Read More

IN BRIEF: Filta to be delisted as Franchise Brands takeover completes

9th Mar 2022 14:36

Filta Group Holdings PLC - Rugby, England-based provider of cooking oil filtration and fryer management services - Franchise Brands PLC says acceptances of its takeover offer remain at 82%. The all-share deal, which values Filta around GBP50 million, was agreed last month. Filta share holders will receive 1.157 Franchise Brands shares for each Filta share, worth 170.7 pence at the time the offer was made. The offer remains open until April 19, but the acceptance condition of 75% already had been met when the deal was first announced. Franchise Brands says Filta shares will be cancelled from AIM on March 24, while 27.7 million new Franchise Brands shares issued to Filta shareholders will start trading on AIM this Thursday. Read More

IN BRIEF: Franchise Brands shareholders approve takeover of Filta

7th Mar 2022 13:54

Filta Group Holdings PLC - Rugby, England-based Filta provides cooking oil filtration and fryer management services - Franchise Brands PLC says own shareholders vote overwhelmingly to approve its takeover offer for Filta. The all-share deal, which values Filta around GBP50 million, was agreed last month. Franchise Brands says has acceptances or undertakings to accept the offer for 23.8 million Filta shares, 81.8% of the total, unchanged from when the offer was first announced. Filta share holders will receive 1.157 Franchise Brands shares for each Filta share, worth 170.7 pence at the time the offer was made. The offer remains open until April 19. Read More

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