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Retail Offer to raise up to £2.0 million

In brief · summary, not quotable

Likewise Group PLC is launching a retail offer to raise up to £2.0 million by issuing new ordinary shares at an issue price of 28.5 pence per share, representing a discount of approximately 14.9% to the previous day's closing price. This retail offer, which is separate from a concurrent placing and subscription, is available to existing retail shareholders in the United Kingdom and will be used for the same purposes as the funds raised in the placing and subscription. The retail offer opens on July 29, 2026, with commitments accepted until August 4, 2026, and admission of the new shares is expected around August 17, 2026.

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CAPITALISED TERMS NOT OTHERWISE DEFINED HEREIN SHALL HAVE THE MEANINGS GIVEN TO THEM IN THE COMPANY'S ANNOUNCEMENT RELEASED AT 6:01 P.M. ON 28 JULY 2026.

Likewise Group plc

("Likewise", the "Company" or the "Group")

Retail Offer to raise up to £2.0 million

Likewise Group plc (AIM:LIKE), the fast-growing and progressive flooring distributor in the UK, is pleased to announce a retail offer via BookBuild (the "Retail Offer") of new ordinary shares ("Ordinary Shares") of £0.01 each in the capital of the Company (the "Retail Offer Shares") up to the value of approximately £2.0 million at an issue price of 28.5 pence per New Ordinary Share (as defined below) (the "Issue Price").

In addition to the Retail Offer, the Company has closed a Placing and Subscription of new ordinary shares (the "Placing Shares", the "Subscription Shares" and together with the Retail Offer Shares, the "New Ordinary Shares") at the Issue Price (the "Placing", the "Subscription" and together with the Retail Offer, the "Fundraising"). A separate announcement has been made regarding the Placing and Subscription and their terms. For the avoidance of doubt, the Retail Offer is not part of the Placing or Subscription and completion of the Placing and/or Subscription is not conditional on the completion of the Retail Offer. Full details of the Fundraising, including the background to and reasons for the Placing, Subscription and Retail Offer is included in the separate announcement released by the Company at 6:01 p.m. on 28 July 2026.

The Issue Price represents a discount of approximately 14.9 per cent to the closing share price of 33.5 pence per existing Ordinary Share on 28 July 2026, being the last practicable date prior to announcement of the Fundraising. All of the New Ordinary Shares will be sold at the Issue Price.

The proceeds of the Retail Offer will be utilised in the same way as the proceeds of the Placing and Subscription as announced at 6:01 p.m. on 28 July 2026.

Admission of the Retail Offer Shares pursuant to the Retail Offer is expected to take place on or around 8:00 a.m. on 17 August 2026.

Expected Timetable in relation to the Retail Offer

Retail Offer opens1:00 p.m. on 29 July 2026
Latest time and date for commitments under the Retail Offer4:30 p.m. on 4 August 2026
Results of the Retail Offer announced5 August 2026
Admission and dealings in New Ordinary Shares issued pursuant to the Retail Offer commence17 August 2026
Dealing Codes
TickerLIKE
ISIN for the Ordinary SharesGB00BHNWH003
SEDOL for the Ordinary SharesBMYX990

Retail Offer

The Company values its retail shareholder base, which has supported the Company alongside institutional investors since IPO. Given the support of retail shareholders, the Company believes that it is appropriate to provide its retail shareholders in the United Kingdom with the opportunity to participate in the Retail Offer. The Company is therefore making the Retail Offer available in the United Kingdom through the financial intermediaries which will be listed, subject to certain access restrictions, on the following website: https://www.bookbuild.live/deals/0Q6JD1/authorised-intermediaries

The Retail Offer will be open to eligible investors in the United Kingdom at 1:00 p.m. on 29 July 2026. The Retail Offer is expected to close at 4:30 p.m. on 4 August 2026. Investors should note that financial intermediaries may have earlier closing times. The Retail Offer may close early if it is oversubscribed.

No offering document, prospectus or admission document has been or will be prepared or submitted to be approved by the Financial Conduct Authority (or any other authority) in relation to the Retail Offer, and investors' commitments will be made solely on the basis of the information contained in this announcement and information that has been published by or on behalf of the Company prior to the date of this announcement by notification to a Regulatory Information Service in accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules and the Market Abuse Regulation (EU Regulation No. 596/2014) as it forms part of domestic law in the United Kingdom law by virtue of the European Union (Withdrawal) Act 2018 (as amended).

There is a minimum subscription of £100 per investor under the terms of the Retail Offer which is open to investors in the United Kingdom subscribing via the intermediaries which will be listed, subject to certain access restrictions, on the following website:

There is no maximum application amount to apply in the Retail Offer except that the aggregate total consideration of the Retail Offer shall not exceed £2,000,000 and the Company has the discretion to scale back applications.. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.

The Company's LEI is 2138007L822RL2CXMV34.

UK Product Governance Requirements

EU Product Governance Requirements

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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