Result of General Meeting and Total Voting Rights
Portmeirion Group plc announced that its General Meeting resolutions were passed with over 98.6% of votes in favour, enabling the company to complete its fundraise. The company will issue 34,000,000 new Ordinary Shares via a Placing to raise £17.0 million and 3,152,546 new Ordinary Shares through a Retail Offer to raise approximately £1.6 million. Following the admission of these shares to trading on AIM, expected on June 24, 2026, the total issued capital will be 51,356,633 Ordinary Shares, with a total of 51,178,773 voting rights.
Select text to share a quote on X · sign in to keep highlights & notes in your PMP notes
Result of General Meeting and
Total Voting Rights
98.6% of shareholder votes in favour of the Fundraise
Portmeirion Group plc (AIM: PMP), the global homeware brands group, is pleased to announce that all of the Resolutions put to the General Meeting earlier today were duly passed by over 98.6% of votes cast.
Capitalised terms not defined in this announcement (this "Announcement") have the meanings given in the circular containing details of the Fundraise which was published by the Company on 5 June 2026 (the "Circular").
Completion of the Fundraise
As a result of the Resolutions being passed, the Company will allot and issue 34,000,000 new Ordinary Shares pursuant to the Placing to raise gross proceeds of £17.0 million (before fees and expenses), subject to the admission of the Placing Shares to trading on AIM.
In addition, the Company will allot and issue 3,152,546 new Ordinary Shares pursuant to the Retail Offer to raise gross proceeds of c.£1.6 million for the Company (before fees and expenses), subject to admission of the Retail Offer Shares to trading on AIM.
It is expected that admission of the Placing Shares and the Retail Offer Shares to trading on AIM will commence at 8.00 a.m. on 24 June 2026.
Total Voting Rights
Following Admission of the Placing Shares and the Retail Offer Shares, the total issued capital of the Company will consist of 51,356,633 Ordinary Shares.
The Company holds 177,860 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company following Admission will be 51,178,773 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.