18 April 2023
Franchise Brands plc
("Franchise Brands", the "Company" or the "Group")
Result of Annual General Meeting
Franchise Brands plc (AIM: FRAN), an international multi-brand franchise business, is pleased to announce that at the Company's Annual General Meeting held earlier today, all resolutions were duly passed on a poll.
The proxy votes received from shareholders on each resolution are set out below:
| Resolution | Description | Votes For | % of Votes Cast | Votes Against | % of Votes Cast | Total votes cast (excluding votes withheld | Votes Withheld |
| ORDINARY RESOLUTIONS |
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| RES:001 | To receive the 2022 report and financial statements | 108,171,709 | 100.00% | - | 0.00% | 108,171,709 | - |
| RES:002 | Declaration of final dividend | 108,171,709 | 100.00% | - | 0.00% | 108,171,709 | - |
| RES:003 | Re-election of Robin Christian Bellhouse | 108,114,676 | 99.95% | 55,944 | 0.05% | 108,170,620 | 1,089 |
| RES:004 | Re-election of Andrew Vincent Guilio Brattesani | 108,164,620 | 99.99% | 6,000 | 0.01% | 108,170,620 | 1,089 |
| RES:005 | Re-election of Julia Rosalind Choudhury | 108,158,330 | 99.99% | 12,290 | 0.01% | 108,170,620 | 1,089 |
| RES:006 | Re-election of Timothy John Harris | 108,158,330 | 99.99% | 12,290 | 0.01% | 108,170,620 | 1,089 |
| RES:007 | Re-election of Stephen Glen Hemsley | 108,158,330 | 99.99% | 12,290 | 0.01% | 108,170,620 | 1,089 |
| RES:008 | Re-election of Andrew John Mallows | 108,158,330 | 99.99% | 12,290 | 0.01% | 108,170,620 | 1,089 |
| RES:009 | Re-election of Peter John Molloy | 108,158,330 | 99.99% | 12,290 | 0.01% | 108,170,620 | 1,089 |
| RES:010 | Re-election of David John Poutney | 108,117,676 | 99.95% | 52,944 | 0.05% | 108,170,620 | 1,089 |
| RES:011 | Re-election of Colin David Rees | 108,158,330 | 99.99% | 12,290 | 0.01% | 108,170,620 | 1,089 |
| RES:012 | Re-election of Jason Charles Sayers | 108,158,330 | 99.99% | 12,290 | 0.01% | 108,170,620 | 1,089 |
| RES:013 | Re-election of Nigel William Wray | 108,158,330 | 99.99% | 12,290 | 0.01% | 108,170,620 | 1,089 |
| RES:014 | To reappoint BDO LLP as auditors of the Company | 108,118,765 | 99.95% | 52,944 | 0.05% | 108,171,709 | - |
| RES:015 | Authority to determine remuneration of the auditors | 108,110,115 | 99.95% | 52,944 | 0.05% | 108,163,059 | 8,650 |
| RES:016 | Authority to allot shares | 98,976,338 | 91.50% | 9,194,282 | 8.50% | 108,170,620 | 1,089 |
| SPECIAL RESOLUTIONS |
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| RES:017 | Disapplication of pre-emption rights | 98,274,163 | 90.85% | 9,896,546 | 9.15% | 108,170,709 | 1,000 |
| RES:018 | Disapplication of pre-emption rights (for an acquisition or other specified capital investment) | 98,276,663 | 90.86% | 9,890,646 | 9.14% | 108,167,309 | 4,400 |
| RES:019 | Authority to purchase own shares | 108,137,772 | 99.99% | 10,314 | 0.01% | 108,148,086 | 23,623 |
Enquiries:
| Franchise Brands plc | + 44 (0) 162 550 7910 |
| Stephen Hemsley, Executive Chairman | |
| Andrew Mallows, Interim Chief Financial Officer | |
| Julia Choudhury, Corporate Development Director | |
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| Allenby Capital Limited (Nominated Adviser and Joint Broker) | +44 (0) 20 3328 5656 |
| Jeremy Porter / George Payne (Corporate Finance) | |
| Amrit Nahal / Joscelin Pinnington (Sales & Corporate Broking) | |
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| Dowgate Capital Limited (Joint Broker) | +44 (0) 20 3903 7715 |
| James Serjeant / Russell Cook / Nicholas Chambers | |
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| Stifel Nicolaus Europe Limited (Joint Broker) | +44 (0)20 7710 7688 |
| Matthew Blawat / Francis North | |
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| MHP Group (Financial PR) | +44 (0) 20 3128 8100 |
| Katie Hunt / Catherine Chapman | +44 (0) 7884 494112 |
| | franchisebrands@mhpgroup.com |
About Franchise Brands plc
Franchise Brands is an international, multi-brand franchisor focused on building market-leading businesses primarily via a franchise model. The Group currently has a combined network of 586 franchisees across six principal franchise brands in the UK, North America and Europe.
Franchise Brands' focus is on B2B van-based reactive and planned services. The Company owns several market-leading brands with a long trading history which benefit from the Group's central support services, in particular technology, marketing, management experience and other group resources. At the centre of Franchise Brands' business building strategy is helping its franchisees grow their businesses.
Franchise Brands employs 415 people from 5 principal offices in the UK, Orlando, Florida and the Netherlands.
For further information, visit www.franchisebrands.co.uk
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