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Franchise Brands CFO Completes Share Sale to Meet Tax Obligations

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Franchise Brands CFO Completes Share Sale to Meet Tax Obligations

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An announcement from Franchise Brands ( (GB:FRAN) ) is now available.

Franchise Brands PLC announced that Andrew Mallows, the company’s Chief Financial Officer, sold 81,776 ordinary shares at 126 pence each to meet a tax obligation from a previous employment. This transaction completes the sale of shares following the exercise of options under the company’s employee share schemes. Mr. Mallows retains 124,290 shares and holds options for an additional 776,288 shares. This move reflects the company’s ongoing commitment to transparency and regulatory compliance, while maintaining a strong leadership position within the industry.

The most recent analyst rating on (GB:FRAN) stock is a Buy with a £152.00 price target. To see the full list of analyst forecasts on Franchise Brands stock, see the GB:FRAN Stock Forecast page.

Spark’s Take on GB:FRAN Stock

According to Spark, TipRanks’ AI Analyst, GB:FRAN is a Outperform.

Franchise Brands scores well due to its strong financial performance, characterized by robust revenue growth and solid profitability margins. The technical analysis indicates a neutral trend, with no significant bullish or bearish signals. However, the stock’s valuation is relatively high, which slightly dampens its attractiveness. Overall, the company is well-positioned within its industry, but potential investors should consider the high valuation.

To see Spark’s full report on GB:FRAN stock, click here.

More about Franchise Brands

Franchise Brands PLC is an international, multi-brand franchisor specializing in B2B van-based services with a presence in 10 countries across the UK, North America, and Europe. The company operates seven franchise brands, including Pirtek, Filta, Metro Rod, and Metro Plumb, and supports a network of approximately 600 franchisees. Franchise Brands focuses on building market-leading businesses through a franchise model, providing central support services such as technology, marketing, and finance to help franchisees grow.

Average Trading Volume: 195,161

Technical Sentiment Signal: Sell

Current Market Cap: £242.6M

Find detailed analytics on FRAN stock on TipRanks’ Stock Analysis page.

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