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Director dealings: Franchise Brands director raises stake

(Sharecast News) - Franchise Brands revealed on Tuesday that senior independent non-executive director Peter Kear had acquired 57,500 ordinary shares in the AIM-listed multi-brand franchisor. Kear, who was appointed a director of the company in October 2023, purchased the shares on Monday at an average price of 174.0p each, for a total value of £100,050.00.

Following the transaction, Kear's holds a beneficial interest in 82,500 ordinary Franchise Brands shares, representing approximately 0.043% of the company's issued share capital.

As of 1620 BST, Franchise Brands shares were down 0.27% at 173.03p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Advancedadvt Limited Npv (di) (ADVT) Director name: Murria,Vin Amount purchased: 5,050,000 @ 145.00p Value: £7,322,500.24

Advancedadvt Limited Npv (di) (ADVT) Director name: Murria,Vin Amount purchased: 5,050,000 @ 145.00p Value: £7,322,500.24

Advancedadvt Limited Npv (di) (ADVT) Director name: Murria,Vin Amount purchased: 5,047,000 @ 144.01p Value: £7,268,184.47

Franchise Brands (FRAN) Director name: Kear,Peter Amount purchased: 57,500 @ 174.00p Value: £100,050.00

Top Director Sells

Advancedadvt Limited Npv (di) (ADVT) Director name: Murria,Vin Amount sold: 5,047,000 @ 144.00p Value: £7,267,680.29

Computacenter (CCC) Director name: Rivaz ,Ros Amount sold: 1,570 @ 2,706.60p Value: £42,493.62

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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.

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