Acquisition Update

Summary by AI BETAClose X

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.

Disclaimer*

Roadside Real Estate PLC
29 June 2026
 

29 June 2026

Roadside Real Estate PLC (AIM: ROAD)

("Roadside", the "Company" or the "Group")

 Acquisition Update

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.

 

Enquiries

Roadside Real Estate PLC

Steve Carson, Chairman

Charles Dickson, Chief Executive Officer

Douglas Benzie, Chief Financial Officer

c/o Montfort



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

 

 

 

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