Chirton Disposal & Completion of Strategic Refocus

Fevara plc (LSE: FVA), an international specialist in livestock supplements, is pleased to announce the disposal of Chirton Engineering Ltd ("Chirton"), its sole remaining engineering business.

The Company has completed the sale of Chirton to Deca Group, a UK-based engineering Group, for a cash consideration of £0.65 million on completion with a further £0.2 million deferred over two years ("Disposal"). The Disposal was completed on a cash free and debt free basis.

Chirton was the sole remaining business within Fevara's former Engineering Division, the majority of which was disposed of in April 2025.

This Disposal marks the completion of the Group's strategic review to refocus and streamline the organisation. The Group is now entirely focused on delivering its long-term strategy as an international livestock specialist underpinned by its core strategic pillars, aiming to drive disciplined, sustainable growth and enhance returns for shareholders.

Joshua Hoopes, Chief Executive Officer of Fevara plc, commented:

"We are delighted to have achieved the final milestone in our strategic journey to simplify our operations and focus the business as a pure play international specialist in livestock supplements. We have a clear strategy for sustainable and profitable growth, and the Group is well positioned to continue to drive long-term value for all stakeholders."