Disposal of Market Rocket

Disposal of

Tooru, the AIM listed company focused on the branded health and wellness sector, announces that it has agreed to sell its 100% owned subsidiary, Market Rocket Limited ("MR"), to MR's management team which includes Matthew Peck, who was previously a director of Tooru.

MR is a specialist accredited agency which partners with a range of clients, helping them to maximise their online sales potential across multiple digital channels. The consideration for the sale is £1, however, as part of the transaction, approximately £343K of external liabilities will be eliminated plus the intercompany balances with MR.

For the period to 31 December 2025, MR accounted for profit after tax of £87K and, as at 31 December 2025, negative net assets of £233K after adjustment for intercompany balances.

MR is regarded as a non-core business for the Group, and the Board believes that the resources of the Group would be better focused on the building and development of its leading consumer brands operating in the wellness sector.

Given that Mr Peck was a director of the Company within the last 12 months and is a director of MR, the sale of MR to a group that includes Mr Peck is a Related Party Transaction ("Transaction") pursuant to Rule 13 of the AIM Rules.

The Directors of the Company who are all independent of the Transaction, having consulted with the Company's nominated adviser, Beaumont Cornish, consider the terms of the Transaction to be fair and reasonable insofar as the Company's shareholders are concerned.