Trafalgar Property shares jump with fundraise amid restructuring

Fri, 17th Apr 2026 12:34

(Alliance News) - Trafalgar Property Group PLC on Friday reported a GBP1.9 million fundraise and outlined plans to restructure the company.

Shares in the South East England-focused residential property developer jumped 23% to 0.030 pence on Friday at around noon in London. They had reached a high of 0.060p each earlier in the morning.

Trafalgar has raised GBP1.9 million through a subscription led by ROI Capital Holdings International Corp, priced at 0.005 pence per share.

ROI is "a Latin American focused investment vehicle", Trafalgar said, whilst noting that the UK Takeover Panel had waived the requirement for ROI to make a mandatory offer.

In parallel, Trafalgar has proposed to sell subsidiaries to Chris Johnson, director of the subsidiaries in question, for a nominal sum, and to reverse a deal previously agreed with Director Paul Elliott. That deal was announced back in July, and had involved Trafalgar buying a 10% stake in Hilton House, a commercial property in Manchester, for GBP350,000.

Trafalgar on Friday proposed a subdivision and consolidation of shares, as well as the conversion of historic liabilities into new shares and unapproved share options.

The company also proposed a board reshuffle, with the current directors stepping down and new nominees taking over, with Martin Hull nominated as chief executive. Hull is the ex-CEO of AIM-listed Echo Energy PLC, which has since been renamed Nativo Resources PLC.

These steps form part of a broader strategic overhaul of the business, Trafalgar explained, and are subject to shareholder approval at a meeting on May 5.

CEO Paul Treadaway commented on Friday: "This investment represents a transformational moment for Trafalgar and, after many years leading the company, the right time for me to hand over the reins.

"I am proud of what the team has built and I am confident that, with ROI's backing and the incoming Board, the company is in excellent hands. I wish Martin and the new team every success as they take the business forward."

Incoming CEO Hull added: "As a committed cornerstone investor, ROI has the financial strength, investment network and expertise to take the company forward.

"The new board has a strong track record of identifying and developing compelling investment opportunities, and together we are committed to moving quickly to identify and execute a reverse takeover that will define the company's next chapter."

By Holly Munks, Alliance News reporter

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