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RNS Number : 0898P Tooru PLC 01 July 2025
1 July 2025
Tooru plc
("Tooru" or the "Company")
Publication of the audited results of S-Ventures plc for the year to 31
December 2024
Tooru, a company focused on the health and wellness sector, notes the
publication by S-Ventures plc ("S-Ventures") of its audited results for the 12
months to 31 December 2024 which are available from this link:
https://www.aquis.eu/stock-exchange/announcements/5249849 and will shortly be
made available on Tooru's website at www.tooruplc.com These results cover
the period before the acquisition by the Company of the operating businesses
of S-Ventures comprising:
- Juvela (established circa 25 years ago) which operates a gluten free
bakery business with a factory in South Wales and is strong in the pharmacy
sector where it is the clear market leader. It has also recently launched a
range of new innovative "free from" products which are now already listed with
a number of major UK supermarket chains under a new brand identity, Oaf,
alongside Juvela.
- Pulsin protein and fibre nutritional products and We Love Purely
currently operate in the healthy snacking market with a number of sweet and
savoury products designed to give consumers healthy alternative options to
mainstream snacks such as crisps and confectionery. Pulsin has a 20-year
history and was one of the first wellness bars in the market.
- Market Rocket is a trusted digital partner agency for globally
recognised Fortune 500 and market-disrupting brands alike. Customers include
JCB, Calvin Klein and Tommy Hilfiger. Market Rocket also provides its
services to other members of the group. Market Rocket is a member of Amazon's
trusted Service Provider Network and is certified as an accredited partner
with Meta and Google. We plan to grow this business in the enterprise space
supporting small and up and coming brands.
Nicholas Lee, Non-Executive Chairman of Tooru, said:
"We are pleased that the operating businesses recently acquired from
S-Ventures have continued to perform well in their last financial year and
these businesses clearly represent an attractive acquisition for Tooru. The
Company now comprises some excellent wellness brands alongside an innovative
technology company. We firmly believe that this stable of businesses has
significant potential for growth. Furthermore, 2025 has started well, and we
remain very excited about their future potential. In particular, the recent
launch of our new brand, Oaf, in the gluten-free sector has been received
exceptionally well and we will be providing further updates on this business
in due course."
Enquiries:
Tooru plc
Nicholas Lee, Non-Executive Chairman Tel: +44 (0) 20 3475 0230
Scott Livingston, CEO
Nominated Adviser
Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396
Roland Cornish
Asia Szusciak
Felicity Geidt
Joint Broker Tel: +44 (0) 20 7186 9950
Fortified Securities
Guy Wheatley/Mark Wheeler
Joint Broker Tel: +44 (0) 20 7186 9950
Shard Capital Partners LLP
Damon Heath/Erik Woolgar
Joint Broker Tel: +44 (0) 20 7469 0935
Peterhouse Capital Limited Tel: +44 (0) 20 7469 0936
Duncan Vasey/Lucy Williams
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.
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