REG - Young & Co's Brew. - Trading Update and Proposed Move to Main Market

Young & Cos BreweryAnnouncement

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RNS Number : 8624P  Young & Co's Brewery PLC  22 January 2026

 

YOUNG & CO.'S BREWERY, P.L.C. ("Young's" or the "Company")

 

CHRISTMAS & Q3 TRADING UPDATE

PROPOSED MOVE FROM AIM TO THE MAIN MARKET

 

Exceptional trading over the festive period

 

Young's, the premium operator of pubs and bedrooms in London and the South of
England, announces a trading update for the 14 weeks ended 5 January 2026.

 

The Company also announces its intention to move from AIM to the Main Market
of the London Stock Exchange.

 

 

Trading

Trading was very strong over the Christmas and New Year period, with
like-for-like sales for the three-weeks to 5 January increasing by 11.2%,
against a very strong prior year comparator.

On key days, including Christmas Eve, Christmas Day and Boxing Day, trading
was particularly good with like-for-likes up 12.3%, and the former City Pub
estate delivering 26% growth over Christmas and Boxing Day, reflecting the
impact of its alignment with the wider Young's proposition since acquisition.

Total managed revenue for the 14 weeks ending 5 January was up 5.6% and, on a
like-for-like basis up 5.7%, building on the positive momentum reported in our
interim results statement in November. Our year-to-date managed revenue
like-for-like position now stands at 5.4%. This performance is a further
demonstration of Young's strategy of continued investment in its premium and
differentiated estate.

 

Intention to move from AIM to the Main Market

The Company announces today its intention to apply to the FCA for its shares
to be admitted to the Official List and to trading on the Main Market of the
London Stock Exchange ("Admission").

The Company has grown considerably both in size and performance in recent
years, as further evidenced by today's update on trading. The Board believes
that Admission will enhance the Company's corporate profile and appeal,
including facilitating investment in the Company by a broader group of UK and
global institutional shareholders, reflecting the strength, resilience and
growth potential of our business model and market position.

Our proven strategy of operating premium, individual, and differentiated pubs
continues to deliver robust top-line growth, supported by ongoing investment
and a disciplined approach to capital allocation. We remain focused on
delivering industry leading margins through operational leverage across our
well invested pubs, while maintaining healthy cash generation and a clear path
to further deleveraging. With our strong balance sheet, we will continue to
invest in growth and, as appropriate, return surplus capital to shareholders
to drive attractive returns.

Admission is subject to the approval by the FCA of a prospectus and admission
to the Official List and admission by the London Stock Exchange to trading on
the Main Market.  The Company intends for Admission to occur in the second
quarter of 2026, at which time the Company's listing on AIM is expected to be
cancelled.

Admission is not conditional upon shareholder approval. Shareholders should
note that the Company's shares will no longer be traded on AIM with effect
from Admission and should consult their own professional advisers regarding
the consequences of Admission.

The Company will provide a further update on the timeline and process for
Admission in due course.

 

Simon Dodd, CEO of Young's, commented:

 

"We are delighted with the outstanding trading performance in our pubs over
the festive period. Once again, this demonstrates the ongoing appeal of our
premium, well-invested offer and another amazing contribution from the
talented and hard-working team at Young's. During the six weeks of the festive
period, we recorded our highest ever sales in one day, setting multiple daily
and weekly records across our estate"

 

Young's remains well-positioned to withstand the well-publicised headwinds
facing our sector. We continue to invest in and innovate across our premium
estate. We are focused on controlling the controllable and continuing to give
our customers a great reason to come to our pubs.

 

Over the last two decades, AIM has provided a highly supportive environment
for Young's, helping us to realise our growth ambitions and secure vital
funding, especially during the difficult period of the pandemic. We are very
proud of the growth we have achieved and believe a move to the Main Market is
a natural and exciting next step for Young's, and one that will open the door
to a wider group of investors."

 

 

For further information, please contact:

 

 Young & Co.'s Brewery, P.L.C.                             020 8875 7000

 Simon Dodd, Chief Executive Officer

 Michael Owen, Chief Financial Officer

 Peel Hunt - Nominated Adviser and Joint Corporate Broker  020 7418 8900
 George Sellar / Andrew Clark

 Stifel - Joint Corporate Broker                           020 7710 7600
 Erik Anderson / Francis North

 MHP - Financial PR                                        07770 753 544

 Tim Rowntree / Eleni Menikou / Charles Hirst

 

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