Roebuck Food Group raises €9 million in AIM placing and subscription

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Roebuck Food €9M AIM raise

Highlights

Roebuck Food Group raised approximately €9 million via a placing of 62,291,018 shares at 9 pence and a direct subscription of 21,022,999 shares.
The placing price of 9 pence per share represents a 56.1% discount to the 20.5 pence closing mid-market price on 30 October 2026.
Upon admission on 1 December 2026, the new shares will represent about 45.2% of equity, bringing total ordinary shares to 184,457,961.

Fundraising terms and trading timetable

As reported by London Stock Exchange, Roebuck Food Group says its placing and related subscription have now closed, with 62,291,018 new ordinary shares placed by J & E Davy Unlimited Company at 9 pence each for gross proceeds of about €6.73 million. The company also says it has secured direct subscription agreements for 21,022,999 shares from investors unable to participate in the placing, raising a further approximately €2.27 million.

Following completion of the fundraising, the company says the capital access window that opened at 7.30 a.m. on 2 November 2026 is now closed. Trading in Roebuck's ordinary shares is expected to resume on AIM at 8.00 a.m. on 6 November 2026.

The placing shares and subscription shares, when issued, are set to represent about 45.2% of the company's ordinary shares. The 9 pence placing price represents a discount of about 56.1% to the closing mid-market price of 20.5 pence per share on 30 October 2026, the last practicable date before the launch announcement.

Share issuance and shareholder implications

The new shares will be fully paid and will rank pari passu with the existing ordinary shares, including rights to dividends and other distributions declared, made or paid after the date of issue. The company is applying for the placing shares and subscription shares to be admitted to trading on AIM, with admission expected at around 8.00 a.m. on 1 December 2026.

After admission, Roebuck Food Group will have 184,457,961 ordinary shares in issue. The company says shareholders may then use that figure as the denominator for calculations on whether they must notify an interest, or a change in an interest, under Ireland's Companies Act 2014.

In our earlier article on India’s disinvestment programme, we noted that most proceeds since FY2016 have come from market-linked routes such as ETFs, public issues and buybacks, while strategic sales have contributed only a small share. The piece also highlighted how the proposed IDBI Bank stake sale could materially lift full-year receipts and help the government move closer to, or beyond, its budget target after several years of shortfalls.

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