25th Mar 2026 10:27
(Alliance News) - Young & Co's Brewery PLC on Wednesday it will move to the London Main Market on April 28 from its current trading venue of AIM.
The London-based pub and hotel operator in the south of England said its last day of trading on AIM will be on April 27. It said no new shares or other securities will be issued in relation to the venue swap. The move will affect both its ordinary and non voting shares.
The company proposed the move back in January, while reporting strong sales over the Christmas period and noting that it had grown in size and performance in the past few years. The resulting enhanced corporate profile, the company believes, will facilitate investment by a broader group of UK and global institutional shareholders.
"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," Chief Executive Officer Simon Dodd said at the time.
Company brokers Peel Hunt and Stifel are acting as joint sponsors to the company in connection to the admission to the Main Market.
Young & Co's shares up 0.9% to 723.52 pence each on Wednesday morning in London. The company has a market capitalisation of GBP400.4 million.
By Martin Miraglia, Alliance News reporter
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