Strategic Shareholding Update
BSF Enterprise PLC announced that John Story has acquired a significant beneficial interest in the company through a placing, and is expected to become the largest individual shareholder following settlement. Mr. Story, Chairman and principal shareholder of Peers Hardy (UK) Limited, brings extensive experience in retail, branded consumer products, and premium accessories, which the Board believes is highly relevant to BSF's strategy for developing high-value, next-generation materials like its T-Rex Leather™. The company anticipates engaging with Mr. Story as a supportive and strategic shareholder.
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BSF Enterprise PLC (LSE: BSFA) ("BSF" or the "Company"), a leading innovator in tissue-engineered materials, is pleased to announce, further to the Company's announcement of 2 April 2026 regarding the placing of new ordinary shares (the "Placing"), that Mr John Story has acquired a significant beneficial interest in the Company pursuant to the Placing.
The Company understands that, following settlement, Mr Story is expected to be the largest individual shareholder. A TR-1 notification in respect of this holding is expected to be made in due course following settlement.
Mr Story is Chairman and a principal shareholder of Peers Hardy (UK) Limited, a well-established watch, jewellery and accessories group supplying major high street retailers and operating a portfolio of consumer brands.
Peers Hardy has a long track record in the design, sourcing and distribution of fashion and premium watches and accessories, including licensed and owned brands, and has demonstrated an ability to adapt to changing consumer trends within the retail and wearable technology markets.
The Board believes that Mr Story's experience across retail, branded consumer products and premium accessories is highly relevant to the Company's strategy as it develops its position in high-value, next-generation materials, including its recently unveiled T-Rex Leather™ product.
The Company looks forward to engaging with Mr Story as a supportive and strategic shareholder.
Engage with the BSF Enterprise management team directly by asking questions, watching video
summaries and seeing what other shareholders have to say. Navigate to our Interactive Investor
website here:
| Bowsprit Partners John Treacy James Sheehan | +44 (0)203 883 4430 |
| Shard Capital (Broker) Damon Heath Isabella Pierre | (0)20 4530 6926 (0)20 4530 6928 |
ISIN of the Ordinary Shares is GB00BHNBDQ51. SEDOL Code is BHNBDQ5.
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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.