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Vulcan Two Group PLC

VUL · AIM · Personal Care, Drug and Grocery Stores · mcap £56m · 215.0p

The company runs online pharmacy brands, with an ePharmacy platform at molecule.co.uk. It sells medicines and treatments to consumers and plans to add a veterinary offering for businesses.

Recent signals

Mixed 29 Sep 2026

Cash shell transformed into operating ePharmacy group through three acquisitions and rebrand

Buy-and-build strategy underway with integration, new brand and further acquisitions planned for 2027. 29 Sep 2026

Positive 7 Sep 2026

Dowgate Group raised its holding from 15.11% to 15.95% and Killik crossed 3%

Existing holders increased stakes in Aug-Sep 2026 while the share price fell from its June high. 7 Sep 2026 13 Aug 2026

Capital actions
  • 2026-03-19 placing · £40.0m – Placing with multiple major UK institutional investors to fund acquisitions of CloudRx, Webmed and Hyperdrug 29 Sep 2026
  • 2026-03-19 acquisition · £36.4m – Acquired CloudRx, Webmed and Hyperdrug for cash; maximum total consideration £41.7m 29 Sep 2026
  • 2025-09 placing · £12.0m – Fundraise in September 2025 while the company was a cash shell 29 Sep 2026

From the company's own announcements · not investment advice

Company filings. Not investment advice.

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