10 September 2024
THE PROPERTY FRANCHISE GROUP
PLC
("TPFG",
the "Company" or the "Group")
Directorate
Change
The Property Franchise Group is
pleased to confirm that following a thorough process, the Board is
delighted to announce the appointment of Ben Dodds to succeed David
Raggett as Chief Financial Officer ("CFO") on 1 January 2025. Ben will join
the Company on 1 October 2024 as CFO designate. David
will continue to support the Board and will be involved in
overseeing a number of projects when he steps down from the
Board.
Ben was previously Chief Financial Officer at Lotus Cars and was
integral to the flotation of the Lotus Technology business on
NASDAQ at a value of $5.4 billion. At Lotus he was also heavily
involved in developing the growth plan under the current owners and
returning the business to profitability in 2023. Prior to
Lotus, Ben was Director of Strategy and Commercial Finance at
Sunseeker International where he oversaw the restructuring and
return to profitability. He is a Chartered Accountant, having
qualified with PwC.
Commenting on the appointment Gareth Samples, Chief Executive
Officer at The Property Franchise Group said:
"I am delighted to welcome Ben to the
Group. As we finalise the integration of the acquisitions and
focus on future growth, Ben's credentials made him the standout
candidate. It is testament to the ambition of the Group that we
have been able to secure his services and I am excited to start
working with him on the next chapter of our story."
For
further information, please contact:
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The
Property Franchise Group PLC
Gareth Samples, Chief Executive
Officer
David Raggett, Chief Financial
Officer
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01202 405 549
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Canaccord Genuity Limited (Nominated Adviser and Joint Broker)
Max Hartley
Harry Rees
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020 7523 8000
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Singer Capital Markets (Joint Broker)
Rick Thompson
James Fischer
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020 7496 3000
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Alma Strategic Communications
Justine James
Joe Pederzolli
Kinvara Verdon
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020 3405 0209
propertyfranchise@almastrategic.com
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About The Property Franchise Group PLC:
The Property Franchise Group PLC
(AIM: TPFG) is the UK's largest multi-brand property
franchisor, with a network of over 1,946 outlets delivering high
quality services to residential clients, combined with an
established Financial Services business.
The Company was founded in 1986 and
has since strategically grown to a diverse portfolio of 18 brands
operating throughout the UK, comprising longstanding
high-street focused brands and two hybrid brands. The Property
Franchise Group is also a member of two leading mortgage networks
through its mortgage brokers, Brook Financial (MAB) and The
Mortgage Genie (Primis).
TPFG's brands are: Belvoir, CJ Hole,
Country Properties, Ellis & Co, EweMove, Fine & Country,
Hunters, Lovelle, Martin & Co, Mr and Mrs Clarke, Mullucks,
Newton Fallowell, Nicholas Humphreys, Northwood, Parkers, The Guild
of Property Professionals and Whitegates.
Headquartered in Bournemouth,
the Company was listed on AIM on the London Stock Exchange in 2013
and entered the AIM 100 in July 2024.
More information is available
at www.propertyfranchise.co.uk
