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 objective. We expect additional self-help initiatives that we have already announced will strengthen our financial position further over the next 12 months.

From this position of financial strength, we focus on delivering our transformation plan in full. We have an experienced senior leadership team led by CEO Michael Scheepers and an exceptional portfolio of homeware brands including Spode, Portmeirion and Royal Worcester, so we look ahead with confidence in executing our exciting growth plans."

Admission, settlement and dealings

Application will be made to the London Stock Exchange for the Retail Offer Shares to be admitted to trading on AIM.

Admission is expected to take place at 8.00 a.m. on 24 June 2026 and dealings in the Retail Offer Shares are expected to commence at 8.00 a.m. on 24 June 2026 or, in each case, such later time and/or date as the Retail Offer Coordinator and the Company agree (being in any event no later than 8.00 a.m. on 30 June 2026).

The Retail Offer Shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of issue.

INFORMATION TO DISTRIBUTORS

UK Product Governance Requirements

Solely for the purposes of the product governance requirements of Chapter 3 of the FCA Handbook Product Intervention and Product Governance Sourcebook (the "UK MiFIR Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the UK MiFIR Product Governance Requirements) may otherwise have with respect thereto, the Retail Offer Shares have been subject to a product approval process, which has determined that the Retail Offer Shares are: (i) compatible with an end target market of investors who meet the criteria of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in paragraphs 3.5 and 3.6 of COBS; and (ii) eligible for distribution through all permitted distribution channels (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, distributors should note that: the price of the Retail Offer Shares may decline and investors could lose all or part of their investment; the Retail Offer Shares offer no guaranteed income and no capital protection; and an investment in the Retail Offer Shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to any contractual, legal or regulatory selling restrictions in relation to the Retail Offer.

EU Product Governance Requirements