Roadside Real Estate - Intention to Deal

Roadside Real Estate

13/08/2026 08:00

		
		
		
		
		
	
	
RNS Number : 5410Q
  
Roadside Real Estate PLC
  
13 August 2026
  
 

		

			

				13 August 2026
			
			

				 
			
			

				Roadside Real Estate PLC
			
			

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

				Intention to deal
			
			

				Roadside (AIM: ROAD), the UK energy forecourt real estate business, announces that Tarncourt Investments LLP, an entity controlled by Charles Dickson (or “Mr Dickson”), Chief Executive Officer of Roadside, intends to purchase of an aggregate of 18,666,666 ordinary shares from Davina Dickson and James Dickson (the “Purchase”).  Each of Davina Dickson and James Dickson has signed an orderly market agreement with Cavendish Capital Markets Limited and Shore Capital Stockbrokers Limited in regard to the balance of Ordinary Shares each stands to hold following the Purchase.
			
			

				Updates to Concert Party
			
			

				At the time of Admission, the Company confirmed, following consultation with the Panel on Takeovers and Mergers (the “Panel Executive”), that several members of the Dickson Family and certain early shareholders in the Company were presumed to be acting in concert by virtue of their long-standing business and/or personal relationships with members of the Dickson family, and were, in aggregate, interested in 67.1 per cent. of the Company’s issued share capital. 
			
			

				On 16 April 2026, the Company announced an update to this group, and that it had agreed with the Panel Executive that Alan Halsall, Mark Lewis and Richard Burrell were no longer considered to be acting in concert as a result of changes in the nature of their relationships with the Dickson Family. As a result, the remaining persons acting in concert (the “Concert Party”) held, in aggregate, 95,082,019 Ordinary Shares, representing approximately 53.3 per cent. of the Company's issued share capital.
			
			

				Following the Purchase, the members of the Concert Party would continue to hold shares carrying more than 50% of the voting rights of the Company and (for so long as they continue to be acting in concert) no obligation to make an offer under Rule 9 will normally arise from acquisitions of interests in shares carrying voting rights by any member of the concert party. 
			
			

				Accordingly, following the Purchase set out above, the resulting interests of members of the Concert Party would be as follows:
			
			

				

					

						

							Director/PDMR
						
					
					

						

							 
						
					
					

						

							Number of Ordinary Shares
						
					
					

						

							% of Issued Share Capital
						
					
				
				

					

						

							Charles Dickson
						
					
					

						

							Chief Executive Officer
						
					
					

						

							41,977,766
						
					
					

						

							23.6%
						
					
				
				

					

						

							Tarncourt Capital Ltd
						
					
					

						

							Company which is owned and controlled by Charles Dickson
						
					
					

						

							29,500,000
						
					
					

						

							16.6%
						
					
				
				

					

						

							James Dickson
						
					
					

						

							Member of the Concert Party
						
					
					

						

							3,352,969
						
					
					

						

							1.9%
						
					
				
				

					

						

							Davina Dickson
						
					
					

						

							Member of the Concert Party
						
					
					

						

							8,500,001
						
					
					

						

							4.8%
						
					
				
				

					

						

							David Holdsworth
						
					
					

						

							Member of the Concert Party
						
					
					

						

							11,119,118
						
					
					

						

							6.2%
						
					
				
				

					

						

							Total
						
					
					

						

							94,450,354
						
					
					

						

							53.0%
						
					
				
			
			

				 
			
			

				 
			
			

				

					

						

							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
						
					
				
			
			

				 
			
		
	
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHKZGMRVFFGVZG