We are delighted to have supported Wynnstay Group plc (AIM: WYN), the agricultural supplies group on an oversubscribed £10.6m Placing as Sole Bookrunner.
The Company has been experiencing a strong trading backdrop, supported by buoyant farmgate prices across most categories, which has boosted farmer sentiment and farm investment. The Directors have identified a number of opportunities to accelerate the growth of the Company.
In particular, the Company has the opportunity to redevelop its site at Calne, acquired as part of the Humphrey Feeds acquisition in March 2022, into a modern c.185,000 metric tonne capacity mill, manufacturing both poultry and ruminant feed.
For further information please contact:
Shore Capital +44 (0) 20 7408 4090
Corporate Advisory: Stephane Auton / John More
Corporate Broking: Henry Willcocks
For media enquiries, please contact:
Adele Gilbert: +44 (0)7484 778 331
Note to editor
About Shore Capital
We are an independent securities business offering institutional and corporate clients leading investment banking, research, sales and trading services, including fixed income. We are represented across the UK enabling extensive distribution and institutional coverage. This distribution capability is complemented by our experienced corporate advisory and broking team who offer discreet, innovative and valued advice to companies on both the Main Market and AIM. Shore Capital is also the 3rd largest market maker by number of AIM stocks covered.
Our cross-disciplinary team has deep, market leading experience in a wide range of small and mid-cap UK companies within the following sectors: Consumer, Financials, Healthcare, Insurance, Natural Resources, Real Estate, Support Services, Technology and Media. Our research on over 250 companies is distributed to an extensive institutional client base in the UK, Europe and US.
Shore Capital is a trading name of both Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited.