Business
Result of Retail Offer
Portmeirion Group plc has successfully completed its Retail Offer, issuing 3,152,546 shares at 50 pence each, raising approximately £1.6 million in gross proceeds. This retail offer, restricted to existing shareholders, saw 100% allocation for all participants. Combined with a placing, the total capital raised is approximately £18.6 million, which the company intends to use to strengthen its balance sheet and advance its transformation plan. Admission and dealings for the Retail Offer 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. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"). For immediate release 10 June 2026 Portmeirion Group plc ("Portmeirion" or the "Company") Result of Retail Offer Portmeirion Group plc (AIM: PMP), the global homeware brands group, is pleased to announce that, further to the announcement made on 4 June 2026 regarding the proposed Retail Offer (the "Retail Offer Announcement"), and following the closing of the Retail Offer on 9 June 2026, 3,152,546 Retail Offer Shares will be issued at 50 pence per Retail Offer Share to raise c.£1.6 million of gross proceeds for the Company. All participants of the Retail Offer were allocated 100% of their order. Capitalised terms not defined in this announcement (this "Announcement") have the meanings given to them in the Retail Offer Announcement. The Retail Offer is conditional upon, amongst other things, (i) completion of the Placing, (ii) the passing of the Resolutions at the General Meeting by the Company's Shareholders, and (iii) the Retail Offer Shares being admitted to trading on AIM. Peter Tracey, Chairman of Portmeirion commented: "We are grateful to our existing shareholders who have participated in the Retail Offer via the BookBuild platform. We restricted the retail offer to existing shareholders only and were delighted that a large number of authorised intermediaries participated, placing orders on behalf of so many of our shareholders to raise c£1.6 million. The Placing and Retail Offer together have raised c.£18.6 million of gross proceeds. This capital will enable us to take a major leap forward towards achieving our Fortress Balance Sheet objectiv...
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