Popular pub-restaurant group set to achieve £4.5m fundraising target from customers with one week to go
Oakman Inns runs 28 pub-restaurants across Bedfordshire, Buckinghamshire, Hertfordshire, Northamptonshire, Oxfordshire, Warwickshire and beyond
With the reopening of pubs and restaurants now being discussed, it won’t be too long before customers can return – and Oakman Inns is offering them the chance to not just enjoy a drink, but to become a part owner.
Oakman Group is a multi-award-winning premium pub business that operates 28 sites across the South of England and the West Midlands, including locations in Bedfordshire, Buckinghamshire, Hertfordshire, Northamptonshire, Oxfordshire and Warwickshire.
They have further venues in the pipeline to add to their estate and are offering the public the chance to invest – but the deadline for getting involved is February 16.
There are different levels of investment available, starting at £950, and they all offer an array of ‘owner benefits’, such as dining discounts, the opportunity to attend product launches and advance details of new menus.
Chief Investment Officer, Steven Kenee, said: “I am thrilled to announce that we have already received applications for over £3.8m of shares since opening the round in December and we are quietly confident that we will reach the £4.5m target we set for this round.
"I am also really pleased that we have welcomed nearly 200 new shareholders into the Oakman family. Their participation demonstrates the trust and affection our customers have for their local Oakman Inn.”
Oakman Inns Chief Executive Officer, Dermot King, added: “We believe there’s a huge unsatisfied demand for premium pubs right across the UK.
“Large venues with a strong all-day food offering, a high level of facilities and, most importantly, great people running them is the future of the pub market.
"Our ambition is to play a big part in fulfilling that demand. We will open all our pubs on the very first day we are allowed and expect to trade very strongly.”
Once interested investors have registered and made some declarations to ensure they understand the risks of investing and that the opportunity is suitable for them, they will be able to access both the investment materials and an application form. For more details of the Share Offer click here.
OAKMAN RUNS THE FOLLOWING VENUES IN OUR AREAS:
> White Hart, Ampthill
> Beech House, Amersham
> Beech House, Beaconsfield
> Cherry Tree, Olney
> The Akeman Inn, Kingswood
> Betsey Wynne, Swanbourne
> The Polecat Inn, Prestwood
> King’s Arms, Berkhamsted
> Banyers House, Royston
> Beech House, St Albans
> The Red Lion, Water End
> The Akeman, Tring
> The Navigation at Thrupp Wharf, Cosgrove
> The Crown & Thistle, Abingdon
> The Old Post Office, Wallingford
> Blue Boar, Witney
> The Globe, Warwick
> The Four Alls, Welford-on-Avon.