Roadside Real Estate acquisition delayed by death of target's shareholder

(Sharecast News) - Roadside Real Estate said on Thursday completion of its planned acquisitions of D. A. Roberts Fuels and Hoch Group was now expected by the end of June.

The AIM-traded company said there would be a short delay to completion of the D. A. Roberts Fuels acquisition following the recent death of the target's major shareholder.

Roadside said an accelerated probate process was being undertaken in relation to the vendor's estate, resulting in an unavoidable delay to completion.

The transaction was now expected to complete by the end of June 2026.

The company said that, because of the delay to the D. A. Roberts Fuels acquisition, it now also expected the acquisition of Hoch Group to complete before the end of June.

Roadside first announced the acquisitions on 29 April.

At 1240 BST, shares in Roadside Real Estate were down 2.44% at 60p.

Reporting by Josh White for Sharecast.com.

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