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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
29th Aug 20247:00 amRNSDisposal of pub estate
9th Jul 20244:48 pmRNSDirector/PDMR Shareholding
27th Jun 20247:00 amRNSInterim results for the period to 31 March 2024
25th Jun 20242:00 pmRNSResult of AGM and Notice of Interim Results
5th Jun 20247:00 amRNSCSS announces second purchase order from Mammoth
3rd Jun 20247:00 amRNSNotice of AGM
22nd May 20244:00 pmRNSHolding(s) in Company
3rd May 202412:25 pmRNSHolding(s) in Company
3rd May 20247:30 amRNSRestoration - Roadside Real Estate Plc
3rd May 20247:00 amRNSUpdate on CSS stake sale and acquisition of rights
3rd May 20247:00 amRNSFinal results for the period ended 30 Sep 2023
23rd Apr 20247:00 amRNSLoan Note Issue and Refinancing
15th Apr 20245:21 pmRNSReplacement: Director/PDMR Dealing
12th Apr 20247:00 amRNSUpdate on publication of results
10th Apr 20247:00 amRNSDirector / PDMR Dealing
2nd Apr 20247:30 amRNSSuspension - Roadside Real Estate plc
28th Mar 20241:10 pmRNSUpdate on debt refinancing
27th Mar 20247:00 amRNSCSS receives first PO & progresses three licences
22nd Mar 20247:00 amRNSThird joint venture acquisition
20th Mar 202410:13 amRNSPartial sale of CSS shareholding for £6.0m
6th Mar 20247:00 amRNSSecond joint venture acquisition
12

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