Business
Proposed Retail Offer
Portmeirion Group plc announced a retail offer to raise up to £2 million by issuing new ordinary shares at 50 pence each, with a minimum subscription of £100. This offer, separate from a £17 million placing, aims to further reduce the company's net debt. The issue price represents a significant discount of approximately 47% to the previous closing mid-market price. Admission and dealings in the new shares on AIM are expected to commence on June 24, 2026. Disclaimer*
About this update from Portmeirion Group Plc
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OF SUCH JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT. THE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF PORTMEIRION GROUP PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY BY SUCH PERSONS. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF PORTMEIRION GROUP PLC. For immediate release 4 June 2026 Portmeirion Group plc ("Portmeirion", the "Company") Proposed Retail Offer to raise up to £2 million Portmeirion Group plc (AIM: PMP), the global homeware brands group, is pleased to announce a retail offer via the BookBuild Platform (the "Retail Offer") of new ordinary shares of 5 pence each in the capital of the Company (the "Ordinary Shares") in the capital of the Company (the "Retail Offer Shares") to raise gross proceeds (before fees and expenses) of up to £2 million. Pursuant to the Retail Offer, up to 4,000,000 Retail Offer Shares will be made available at an issue price of 50 pence per Retail Offer Share (the "Issue Price"). In addition to the Retail Offer on 3 June 2026, the Company announced a placing of new Ordinary Shares (together with the Retail Offer Shares, the "New Ordinary Shares") at the Issue Price (the "Placing") to raise gross proceeds (before fees and expenses) of £17.0 million. Separate announcements have been made regarding the Placing, its terms and the results of the Placing. For the avoidance of doubt, the Retail Offer is not part of the Placing. The Issue ...
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