REG - Roadside Real Estate - Year End Update and Notice of Results 2025

Roadside Real EstateAnnouncement

14/10/2025 07:00

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RNS Number : 1907D  Roadside Real Estate PLC  14 October 2025

14 October 2025

 

ROADSIDE REAL ESTATE PLC

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

 

Year End Update and Notice of Results

Roadside (AIM:ROAD) is pleased to provide a year end update on its recent
strategic progress for the year ended 30 September 2025.  The Company will
announce its full year results before 31 December 2025.

Key highlights:

·    Financial strength and flexibility

Balance sheet bolstered through put option (the "Put Option") to realise a
minimum of £48 million from the Company's investment in Cambridge Sleep
Sciences ("CSS") (with 50% of the consideration to be received in September
2026 and 50% in September 2027) and through the agreement to dispose of the
Group's non-core Commercial Property division for £12m (net consideration
£4.7 million).

Assuming the Put Option is exercised for the minimum consideration of £48
million, Roadside would recognise a profit that exceeds £7m aggregate across
FY25, FY26 and FY27.

·      Strategic senior appointments

The Company welcomed Steve Carson as Non-executive Chairman to the Board and
David Phillpot as Chief Operating Officer to the senior management team. Their
experience in forecourt operations and retail will be instrumental in
executing the next phase of the Group's strategy.

·      Acquisition of Coventry Petrol Filling Station

The acquisition of the Coventry site marks the start of Roadside's energy
forecourt roll-up, providing a scalable platform for future growth in
multi-fuel roadside destinations with retail infrastructure.

·      Visible and active M&A pipeline

The Group has a strong acquisition pipeline of forecourt opportunities,
providing a clear pathway to national scale and earnings growth.

Commenting, Charles Dickson, CEO said:

"Following the end of a successful financial year during in which we continued
to simplify the Group and strengthen our balance sheet. We now stand on a
solid financial foundation, with strong resources to execute on our
acquisition pipeline, and grow our earnings profile.

We are fully focused on deploying capital into building a scalable,
next-generation energy forecourt and associated retail business underpinned by
a best-in-class management team with deep sector experience to drive
operational excellence and shareholder value."

 

Enquiries:

 

 Roadside Real Estate Plc (c/o Montfort)
 Steve Carson, Non-Executive Chairman
 Charles Dickson, Chief Executive Officer
 Douglas Benzie, Chief Financial Officer

 Montfort
 Ann-marie Wilkinson                                             Tel: +44 (0)77 3062 3815

 Isabella Leathley                                               Tel: +44 (0)74 7168 7266

 Cavendish Capital Markets Limited (Nomad and Broker)
 Matt Goode / Seamus Fricker / Elysia Bough (Corporate Finance)  Tel: +44 (0)20 7220 0500

 Tim Redfern (ECM)

 

 

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