Franchise Brands ( (GB:FRAN) ) has shared an announcement.
Franchise Brands PLC announced that two of its directors, Stephen Hemsley and Nigel Wray, have each purchased 25,000 ordinary shares in the company at an average price of 137.1 pence per share. This transaction underscores the directors’ confidence in the company’s growth prospects and could positively influence investor sentiment, potentially impacting the company’s market position and shareholder value.
More about Franchise Brands
Franchise Brands is an international, multi-brand franchisor specializing in B2B van-based services, operating seven franchise brands across 10 countries in the UK, North America, and Europe. The company focuses on building market-leading businesses through a franchise model, supporting over 600 franchisees with central services like technology, marketing, and finance. Franchise Brands owns several established brands, including Pirtek in Europe, Filta, Metro Rod, and Metro Plumb, and employs nearly 650 people, with over 3,000 in the franchise community.
YTD Price Performance: -13.21%
Average Trading Volume: 145,219
Technical Sentiment Signal: Strong Buy
Current Market Cap: £267.4M
Learn more about FRAN stock on TipRanks’ Stock Analysis page.