Acquisition Update
Roadside Real Estate PLC has provided an update on its acquisition of D. A. Roberts Fuels Ltd, stating that completion, previously anticipated to be a short delay due to a family bereavement, is now expected in Q3 2026. This revised timeline is attributed to HMRC process timelines, impacting the accelerated probate process initiated for the vendor's estate.
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On 28 May 2026, the Company announced that completion of the D. A. Roberts Fuels Ltd ("DAR") acquisition was sadly delayed due to a family bereavement associated with the vendor.
At the time, we believed there to be a short delay as an accelerated probate process was initiated in relation to the vendor's estate. However, given HMRC process timelines, the Company now expects the DAR acquisition to complete in Q3 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.