Director dealings: Franchise Brands co-founder raises stake

(Sharecast News) - Franchise Brands revealed on Thursday that non-executive director Nigel Wray had acquired 50,000 ordinary shares in the multi-brand franchisor. Wray, who co-founded Franchise Brands in 2008, purchased the shares on Wednesday at an average price of 120p each, for a total value of £60,000.

Following the transaction, Wray holds a beneficial interest in 16.07m ordinary Franchise Brands shares, representing approximately 8.29% of the company's issued share capital.

As of 1505 BST, Franchise Brands shares were up 0.85% at 119p.



Reporting by Iain Gilbert at Sharecast.com

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Franchise Brands (FRAN) Director name: Wray,Nigel Amount purchased: 50,000 @ 120.00p Value: £60,000.00

Keller Group (KLR) Director name: Kelleher,Annette Amount purchased: 1,921 @ 1,554.00p Value: £29,852.34

Cohort (CHRT) Director name: Walther,Simon Amount purchased: 189 @ 950.00p Value: £1,795.50

Cohort (CHRT) Director name: Thomis,Andrew Stephen Amount purchased: 189 @ 950.00p Value: £1,795.50

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