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