Result of General Meeting and Total Voting Rights

Portmeirion Group PLC

23 June 2026

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR").

For immediate release

23 June 2026

Portmeirion Group plc

("Portmeirion" or the "Company")

Result of General Meeting and

Total Voting Rights

98.6% of shareholder votes in favour of the Fundraise

Portmeirion Group plc (AIM: PMP), the global homeware brands group, is pleased to announce that all of the Resolutions put to the General Meeting earlier today were duly passed by over 98.6% of votes cast.

Capitalised terms not defined in this announcement (this "Announcement") have the meanings given in the circular containing details of the Fundraise which was published by the Company on 5 June 2026 (the "Circular").

Completion of the Fundraise

As a result of the Resolutions being passed, the Company will allot and issue 34,000,000 new Ordinary Shares pursuant to the Placing to raise gross proceeds of £17.0 million (before fees and expenses), subject to the admission of the Placing Shares to trading on AIM.

In addition, the Company will allot and issue 3,152,546 new Ordinary Shares pursuant to the Retail Offer to raise gross proceeds of c.£1.6 million for the Company (before fees and expenses), subject to admission of the Retail Offer Shares to trading on AIM.

It is expected that admission of the Placing Shares and the Retail Offer Shares to trading on AIM will commence at 8.00 a.m. on 24 June 2026.

Total Voting Rights

Following Admission of the Placing Shares and the Retail Offer Shares, the total issued capital of the Company will consist of 51,356,633 Ordinary Shares.

The Company holds 177,860 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company following Admission will be 51,178,773 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

The person responsible for arranging the release of this Announcement on behalf of the Company is Jonathan Hill, Group Finance Director of the Company.

ENQUIRIES:

Portmeirion Group PLC:
Peter Tracey, Non-Executive Chair	Via Houston PR
Michael Scheepers, Chief Executive Officer
Jon Hill, Group Finance Director
Houston (PR advisers)	[e-mail]
Kate Hoare	[phone]
Charlie Barker	[phone]
Shore Capital: (Nominated Adviser and Sole Bookrunner):	[phone]
Patrick Castle Lucy Bowden
Isobel Jones

NOTES TO EDITOR:

Portmeirion Group PLC is a global homeware brands group based in Stoke-on-Trent, England. The Group owns six unrivalled heritage and contemporary brands: Spode, Portmeirion, Royal Worcester, Pimpernel, Wax Lyrical, and Nambé. The Group serves markets across the world, with global demand driven by diversified international markets including the key geographies of North America, UK, and South Korea.

This Announcement should be read in its entirety. In particular, the information in the "Important Notices" section of the Announcement should be read and understood.

The ISIN number of the New Ordinary Shares is GB0006957293. The TIDM is PMP.

Important Notices

SCC which is authorised and regulated in the UK by the FCA, is acting as Nominated Adviser to the Company in connection with the matters described in this Announcement and is not acting for any other persons in relation to the Fundraise and Admission. SCC is acting exclusively for the Company and for no one else in relation to the contents of this Announcement and persons receiving this Announcement should note that SCC will not be responsible to anyone other than the Company for providing the protections afforded to clients of SCC or for advising any other person on the arrangements described in this Announcement. The responsibilities of SCC as the Company's Nominated Adviser under the AIM Rules and the AIM Rules for Nominated Advisers are owed solely to the London Stock Exchange and are not owed to the Company or to any Director, Shareholder, or other person in respect of their decision to acquire shares in the capital of the Company in reliance on any part of this Announcement, or otherwise.

SCS which is authorised and regulated in the UK by the FCA, is acting as sole bookrunner to the Company in connection with the matters described in this Announcement and is not acting for any other persons in relation to the Fundraise and Admission. SCS is acting exclusively for the Company and for no one else in relation to the contents of this Announcement and persons receiving this Announcement should note that SCS will not be responsible to anyone other than the Company for providing the protections afforded to clients of SCS or for advising any other person on the arrangements described in this Announcement.

No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by the Bookrunner or by any of its respective affiliates, agents, directors, officers or employees ("Representatives") as to, or in relation to, the accuracy or completeness of this Announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

This Announcement may contain, or may be deemed to contain, "forward-looking statements" with respect to certain of Portmeirion's plans and its current goals and expectations relating to its future financial condition, performance, strategic initiatives, objectives and results. Forward-looking statements sometimes use words such as "aim", "anticipate", "target", "expect", "estimate", "intend", "plan", "goal", "believe", "seek", "may", "could", "outlook" or other words of similar meaning. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond the control of Portmeirion, including amongst other things, United Kingdom domestic and global economic business conditions, market-related risks such as fluctuations in interest rates and exchange rates, the policies and actions of governmental and regulatory authorities, the effect of competition, inflation, deflation, the timing effect and other uncertainties of future acquisitions or combinations within relevant industries, the effect of tax and other legislation and other regulations in the jurisdictions in which Portmeirion and its affiliates operate, the effect of volatility in the equity, capital and credit markets on Portmeirion's profitability and ability to access capital and credit, a decline in Portmeirion's credit ratings; the effect of operational risks; and the loss of key personnel. As a result, the actual future financial condition, performance and results of Portmeirion may differ materially from the plans, goals and expectations set forth in any forward-looking statements. Any forward-looking statements made in this Announcement by or on behalf of Portmeirion speak only as of the date they are made. Except as required by applicable law or regulation, Portmeirion expressly disclaims any obligation or undertaking to publish any updates or revisions to any forward-looking statements contained in this Announcement to reflect any changes in Portmeirion's expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based.

No statement in this Announcement is intended to be a profit forecast or estimate, and no statement in this Announcement should be interpreted to mean that earnings per share of Portmeirion for the current or future financial years would necessarily match or exceed the historical published earnings per share of Portmeirion.

The New Ordinary Shares to be issued pursuant to the Fundraise will not be admitted to trading on any stock exchange other than the AIM market of the London Stock Exchange.

This Announcement is for information purposes only and shall not constitute an offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to buy, sell, issue, or subscribe for any securities, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unauthorised or unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any failure to comply with these restrictions may constitute a violation of the securities law of any such jurisdiction.

The New Ordinary Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered, sold or transferred, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or any other jurisdiction of the United States. Accordingly, the New Ordinary Shares will be offered and sold only outside of the United States in "offshore transactions" (as such term is defined in Regulation S under the Securities Act ("Regulation S")) pursuant to Regulation S and otherwise in accordance with applicable laws. No public offering of the New Ordinary Shares is being made in the United States or elsewhere.

The distribution of this Announcement and the offering of the New Ordinary Shares in certain jurisdictions may be restricted by law. No action has been taken by the Company or Shore Capital or any of their respective affiliates, or any of their respective Representatives that would permit an offering of such shares or possession or distribution of this Announcement or any other offering or publicity material relating to such shares in any jurisdiction where action for that purpose is required. Persons into whose possession this Announcement comes are required to inform themselves about, and to observe, such restrictions.

No prospectus, offering memorandum, offering document or admission document has been or will be made available in any jurisdiction in connection with the matters contained or referred to in this Announcement and no such document is required to be published.

Neither the content of Portmeirion's website (or any other website) nor the content of any website accessible by hyperlinks on the Company's website (or any other website) is incorporated in, or forms part of, this Announcement.

 

END