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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Franchise Brands chairman raises stake

(Sharecast News) - Franchise Brands revealed on Thursday that executive chairman Stephen Hemsley had acquired 50,000 ordinary shares in the AIM-listed firm.

Hemsley, who co-founded Franchise Brands in 2008, purchased the shares on Wednesday at an average price of 120.58p each, for a total value of £60,289.05.

Following the transaction, Hemsley holds a beneficial interest in 23.9m ordinary Franchise Brands shares, representing approximately 11.82% of the company's issued share capital.

As of 1540 BST, Franchise Brands shares were up 2.07% at 123.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Franchise Brands (FRAN) Director name: Hemsley,Stephen Amount purchased: 50,000 @ 120.58p Value: £60,289.05

Rotork (ROR) Director name: Thompson,Dorothy Amount purchased: 17,610 @ 340.20p Value: £59,909.22

Speedy Hire (SDY) Director name: Garman,David N C Amount purchased: 200,000 @ 29.15p Value: £58,300.00

Synectics (SNX) Director name: Lockwood,Andrew Amount purchased: 6,664 @ 300.00p Value: £19,992.00

Surface Transforms (SCE) Director name: Marr ,Paul Amount purchased: 300,000 @ 2.35p Value: £7,050.00

Intercede Group (IGP) Director name: Patel,Nitil Amount purchased: 2,600 @ 152.90p Value: £3,975.40

Rolls-royce Holdings (RR.) Director name: Mars,Wendy Amount purchased: 159 @ 1,148.31p Value: £1,825.81

Rolls-royce Holdings (RR.) Director name: Behrendt,Birgit Amount purchased: 96 @ 1,148.31p Value: £1,102.38

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.