- The Property Franchise Group said its annual trading results were expected to be in line with market expectations, while it reported a 23% rise in revenue.

Revenue rose to £10.2m as the company expanded its UK network to 403 offices, from 377 a year earlier.

'The fundamental drivers for expansion of the UK private rented sector remain in place despite ongoing changes to the commercial environment within the sector,' the company said.

At 9:20am: [LON:TPFG] Property Franchise Group Plc The share price was 0p at 136.5p

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