Business
Result of Placing and Notice of GM
Result of Placing and Notice of GM.
About this update from Franchise Brands Plc
[{"type":"text","content":"\n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE RESTRICTED AND ARE NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.\n \n \n \n \n \n \n \n \n \n THIS ANNOUNCEMENT (\"ANNOUNCEMENT\") IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE AN OFFER FOR SALE OR SUBSCRIPTION OF ANY SECURITIES IN THE COMPANY. THIS ANNOUNCEMENT (INCLUDING THE APPENDICES) DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES OF FRANCHISE BRANDS PLC IN ANY JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.\n \n \n \n \n \n \n \n \n \n UNLESS OTHERWISE INDICATED, CAPITALISED TERMS IN THIS ANNOUNCEMENT HAVE THE MEANINGS GIVEN TO THEM IN THE DEFINITIONS SECTION INCLUDED IN APPENDIX III OF THE ANNOUNCEMENT ISSUED BY THE COMPANY AT 5.52 P.M. ON 3 APRIL 2023.\n \n \n \n \n \n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (596/2014/EU) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"MAR\").\n \n \n \n \n \n \n \n \n \n 4 April 2023\n \n \n \n \n \n \n \n \n \n Franchise Brands plc\n \n \n \n (\"Franchise Brands\", the \"Company\" or the \"Group\")\n \n \n \n \n \n \n \n \n Acquisition of Pirtek Europe - Result of Placing\n \n \n \n \n Notice of General Meeting and posting of Circular\n \n \n \n \n \n \n The Board of Franchise Brands plc, an international multi-brand franchise business, is pleased to announce that, further to the announcement made yesterday regarding the acquisition of HAI, the owner of Pirtek Europe, and associated Fundraising, the Bookbuild has closed and the Company has conditionally raised approximately £92 million pursuant to the Placing (before expenses).\n \n \n \n \n \n A total of 51,036,291 Placing Shares have been conditionally placed in the Placing at an issue price of 180 pence per share for £91,865,323.80, alongside the Subscription to 2,663,889 Subscr...