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Pin to quick picksRoadside Real Regulatory News (ROAD)

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Market Cap: £105.62m
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AGM Statement

24 Mar 2026 07:00

RNS Number : 7780X
Roadside Real Estate PLC
24 March 2026
 

24 March 2026

 

Roadside Real Estate PLC

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

AGM Statement

Roadside (AIM: ROAD), the UK energy forecourt real estate business, is pleased to make the following statement ahead of its Annual General Meeting later today.

Steve Carson, Chairman, said:

"My first full year as Chairman of Roadside has been a transformational one for the business, repositioning its strategy to build a scalable, energy forecourt and convenience retail platform and building out a management team to deliver the vision.

In that time, the Company has focused on developing a strong acquisition pipeline of forecourt opportunities, predominantly petrol filling stations ("PFS"). The acquisition of the former Sainsbury's PFS at the Coventry site from the Meadow J-V in July 2025, marked the start of our energy forecourt roll-up.

In late December 2025, we announced the proposed acquisition of Gardner Retail Ltd, a portfolio of six premium operational sites across the wider Cheltenham area. Following a successful £20.75 million placing and subscription, this transaction completed in February 2026. At the same time, we entered into a binding agreement to acquire D.A. Roberts Fuels Ltd, a strategic PFS asset with strong revenue and development potential, together with a bulk fuel distribution business.

While integration of these recent acquisitions is in the early stages, we are working in close partnership with the incumbent teams to optimise fuel sales and drive operational efficiencies.

The fragmented UK energy forecourt market presents a compelling opportunity to build a resilient, income-generative portfolio of desirable freehold assets. Our buy-and-build strategy leverages our collective experience to acquire sites that are immediately earnings accretive to the Group, while offering long-term development potential through enhanced convenience retail and ancillary services.

We look forward to the future with much optimism. There is significant opportunity with favourable M&A tailwinds and we have already begun to create a solid foundation for future value creation."

 

 

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 and Broker)

Matt Goode / Seamus Fricker / Elysia Bough (Corporate Finance)

Matt Lewis / Harriet Ward (ECM)

 

 

 

+44 (0) 20 7220 0500

 

 

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AGMSEEESDEMSELD
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Date   Source Headline
28th May 20267:00 amRNSUpdate on Acquisitions
21st May 20267:00 amRNSProceeds from First Tranche of Put Option
29th Apr 20267:00 amRNSUpdate on Acquisitions and Debt Facility
23rd Apr 20267:00 amRNSDirector Dealings
20th Apr 20267:09 amRNSDirector Dealings and Changes to Concert Party
16th Apr 20267:00 amRNSDirector Dealings and Changes to Concert Party
13th Apr 202610:24 amRNSREPLACE: Acquisition of Hoch Group Limited
13th Apr 20267:30 amRNSGrant of Share Options
13th Apr 20267:00 amRNS£28.6 million acquisition of Hoch Group Limited
31st Mar 20267:00 amRNSExercise of First Tranche of Put Option Agreement
27th Mar 20267:00 amRNSAppointment of Joint Corporate Broker
24th Mar 202611:40 amRNSResult of AGM and Directorate Changes
24th Mar 20267:00 amRNSAGM Statement
13th Mar 202612:16 pmRNSNotification of Major Holdings
13th Mar 202612:16 pmRNSNotification of Major Holdings
27th Feb 20262:00 pmRNSNotice of AGM
25th Feb 20265:37 pmRNSNotification of Major Holdings
25th Feb 20267:22 amRNSCompletion of Acquisition
25th Feb 20267:00 amRNSNotification of Major Holdings
17th Feb 20266:28 pmRNSResult of Placing and Subscription
17th Feb 20265:36 pmRNSProposed Placing, Subscription & Acquisition
17th Feb 20265:03 pmRNSNotice of AGM & Board Appointment
17th Feb 20264:57 pmRNSIssue of Equity
17th Feb 20264:51 pmRNSAnnual Financial Report
9th Feb 20267:00 amRNSAmendment to Put Option Agreement
27th Jan 20267:40 amRNSNotice of Results
24th Dec 20257:00 amRNSAcquisition
28th Nov 202510:20 amRNSNotification of Major Holdings
27th Nov 20254:22 pmRNSNotification of Major Holdings
19th Nov 20253:10 pmRNSNotification of Major Holdings
10th Nov 20255:00 pmRNSNotification of Major Holdings
14th Oct 20257:00 amRNSYear End Update and Notice of Results 2025
29th Sep 20252:48 pmRNSResult of General Meeting
12th Sep 20257:00 amRNSDisposal
9th Sep 20257:00 amRNSAppointment of COO and LTIP Implementation
4th Jul 20257:00 amRNSAcquisition
30th Jun 20257:00 amRNSInterim Results for the six months ended 31.03.25
26th Jun 20257:00 amRNSSigning of £48 million put option agreement
17th Jun 202511:46 amRNSResult of AGM
23rd May 20257:00 amRNSNotice of Annual General Meeting (“AGM”)
8th May 20257:00 amRNSAppointment of new Chair
27th Mar 20257:00 amRNSDirector/PDMR Shareholding
28th Feb 20257:00 amRNSUpdate on partial sale of CSS shareholding to CGV
18th Feb 20257:00 amRNS-RUpdate on Cambridge Sleep Sciences
24th Dec 20247:00 amRNSFinal results for the year ended 30 September 2024
13th Dec 20247:15 amRNSNotice of results
13th Dec 20247:00 amRNSJoint venture acquisition
28th Oct 20247:00 amRNSRoadside JV acquires 12 stores from Lidl
1st Oct 20247:00 amRNSPartial sale of CSS shareholding
1st Oct 20247:00 amRNSDisposal of Barkby Pub Co. Ltd
12

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