Franchise Brands (GB:FRAN) has released an update.
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Franchise Brands PLC has awarded Andrew Mallows, the Interim Chief Financial Officer, 351,288 share options, with an exercise price of 158p and subject to performance criteria related to earnings growth over the next three years. These options are exercisable after three years and can be exercised for seven years, incentivizing the CFO’s contribution to the company’s future financial success. Franchise Brands is a multinational franchisor with a focus on B2B van-based services and a commitment to the growth of its franchisees and overall business.
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