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The brewer said revenue fell to £162.6m in the 52 weeks to 27 June 2026, while underlying EBITDA and underlying profit before tax rose. It also said Richard Oldfield will retire as chairman after the 30 October AGM, with Jonathan Neame to become executive chairman and Mark Rider managing director.
The AIM- and BSX-listed company said the open offer will raise up to about £15 million through up to 37.5 million shares at 40 pence each. Lord Ashcroft has agreed to underwrite the offer up to the maximum aggregate value.
The company said it published unaudited interim results for the six months ended 30 June 2026. It also said TTFI reported revenues of NT$3.4 million in the period and that a tea tokenisation project launched after period-end remains subject to approvals and agreements.
City Developments Announces 3-Year Strategic Review Plan