Update on Acquisitions
Roadside Real Estate PLC has announced a slight delay in the completion of its acquisitions of D. A. Roberts Fuels Ltd and Hoch Group Ltd, now expecting both transactions to finalize by the end of June 2026. The delay in the D. A. Roberts Fuels Ltd acquisition is due to the recent passing of its major shareholder, necessitating an accelerated probate process. This unforeseen circumstance has consequently pushed back the expected completion date for the Hoch Group Ltd acquisition as well.
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Further to the announcement made on 29 April 2026, the Company announces an update regarding the acquisitions of both D. A. Roberts Fuels Ltd ("DAR") and Hoch Group Ltd ("HOCH").
In relation to the acquisition of DAR, there will be a short delay to the completion of the transaction following the very recent passing away of the major shareholder of the target. Our thoughts are with the family at this difficult time.
An accelerated probate process is being undertaken in relation to the vendor's estate, which means an unavoidable delay in completion. The Company now expects the acquisition to complete by the end of June 2026.
Due to the delay in the acquisition of DAR, the Company now also expects the HOCH acquisition to complete before the end of June 2026.
| 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) Stephane Auton / James Thomas / Harry Davies-Ball (Corporate Advisory) | +44 (0)20 7408 4050 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.