Exercise of First Tranche of Put Option Agreement
Roadside Real Estate PLC has confirmed the exercise of the first tranche of its put option agreement with CGV Ventures 1 Ltd, representing a 14% stake in Cambridge Sleep Sciences. The company anticipates receiving £14 million by the end of April 2026, which will then facilitate the acquisition of D. A. Roberts Fuels Ltd.
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Roadside (AIM: ROAD) confirms that, pursuant to the amended put option agreement with CGV Ventures 1 Ltd ("CGV") in regard to the sale of the Company's remaining 48% investment in Cambridge Sleep Sciences ("CSS") - announced on 9 February 2026 - the put option over the first tranche, representing 14% of the issued share capital of CSS, has been exercised.
CGV is undertaking the necessary drawdown procedures from its underlying investors, with the consideration of £14 million expected to be received by the Company by the end of April 2026. The Company will complete the acquisition of D. A. Roberts Fuels Ltd shortly after the receipt of the funds from CGV.
| Montfort Ann-marie Wilkinson Alex Everett | +44 (0)7730 623815 +44 (0)7780 431533 |
| Cavendish Capital Markets Limited (Nomad & Joint Corporate Broker) Matt Goode / Seamus Fricker / Elysia Bough (Corporate Finance) Matt Lewis / Harriet Ward (ECM) | +44 (0) 20 7220 0500 |
| Shore Capital (Joint Corporate Broker) Ben Canning (Corporate Broking) | +44 (0)20 7408 4050 |
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