New Risk • Jul 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Announcement • Jul 03
Young & Co.'S Brewery, P.L.C. Appoints Diana Houghton as Non-Executive Director, Effective July 7, 2026 Marshalls plc announced that Diana Houghton, Senior Independent Director of the Company, has been appointed to the Board of Young & Co's Brewery, P.L.C. as a Non-Executive Director, with effect from the end of its annual general meeting, to be held on July 7, 2026. Declared Dividend • May 24
First half dividend increased to UK£0.12 Dividend of UK£0.12 is 6.0% higher than last year. Ex-date: 4th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (128% earnings payout ratio). However, it is well covered by cash flows (20% cash payout ratio). The dividend has increased by an average of 4.0% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 42% to bring the payout ratio under control. EPS is expected to grow by 63% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • May 23
Young & Co.'S Brewery, P.L.C. Appoints Sonita Alleyne as Non-Executive Director with Effect from the End of the Annual General Meeting, to Be Held on July 7, 2026 Young & Co.'s Brewery, P.L.C. announced the appointment of Sonita Alleyne as a Non-Executive Director with effect from the end of the Annual General Meeting, to be held on July 7, 2026. Sonita is currently a Non-Executive Director of Wickes Group Plc, where she sits on the audit and risk, nominations and remuneration committees. Sonita chairs Wickes' Responsible Business Committee. She is also the current Master of Jesus College, Cambridge. Sonita has extensive experience as a non-executive director on both private and public sector boards. She was a member of the Council of Management of the British Board of Film Classification from 2009 to 2019, holding the roles of Chair of the Council of Management in 2019 and Chair of the Remuneration Committee from 2016 to 2019. She was Chair of the Radio Sector Skills Council from 2008 to 2012; Non-Executive Director of Archant from 2012 to 2016; and a Trustee of the BBC Trust from 2012 to 2017. In addition, Sonita was a Non-Executive Director of the Department for Digital, Culture, Media and Sport and a member of the National Employment Panel and the London Skills and Employment Board. In her earlier media career, Sonita was the Co-Founder and the former CEO of the production company Somethin' Else. During this time, she worked as a journalist and broadcaster and was awarded an OBE for services to broadcasting in 2003. Announcement • May 22
Young & Co.'s Brewery, P.L.C., Annual General Meeting, Jul 07, 2026 Young & Co.'s Brewery, P.L.C., Annual General Meeting, Jul 07, 2026. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Senior Independent Non-Executive Director Ian Dyson was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 24
Young & Co.'s Brewery, P.L.C. (AIM:YNGA) completed the acquisition of Cubitt House Ltd from Stonegate Group Limited. Young & Co.'s Brewery, P.L.C. (AIM:YNGA) agreed to acquire Cubitt House Ltd from Stonegate Group Limited for £30 million on April 8, 2026. A cash consideration of £30 million will be paid by Young & Co.'s Brewery, P.L.C. This acquisition also includes a portfolio of eight operational, high-end leasehold pubs in affluent areas of West London, plus a ninth pub that is currently under development. These include The Barley Mow (Mayfair), The Builders Arms (Chelsea), The Coach Makers Arms (Marylebone), The Grazing Goat (Marylebone), The Orange (Belgravia), The Princess Royal (Notting Hill), The Thomas Cubitt (Belgravia) and The Alfred Tennyson (Belgravia). The acquisition also includes a ninth pub in Belgravia, that is currently being developed. The Acquisition will be funded from existing banking facilities and is expected to complete on April 22, 2026.
George Sellar and Andrew Clark of Peel Hunt LLP and Erik Anderson and Francis North of Stifel Europe Holdings Limited acted as financial advisors to Young & Co.'s Brewery, P.L.C. (AIM:YNGA).
Young & Co.'s Brewery, P.L.C. (AIM:YNGA) completed the acquisition of Cubitt House Ltd from Stonegate Group Limited on April 22, 2026. Announcement • Apr 09
Young & Co.'s Brewery, P.L.C. (AIM:YNGA) agreed to acquire Cubitt House Ltd for £30 million from Stonegate Group Limited. Young & Co.'s Brewery, P.L.C. (AIM:YNGA) agreed to acquire Cubitt House Ltd for £30 million from Stonegate Group Limited on April 8, 2026. A cash consideration of £30 million will be paid by Young & Co.'s Brewery, P.L.C. As part of consideration, £30 million is paid towards common equity of Cubitt House Ltd. This acquisition also includes a portfolio of eight operational, high-end leasehold pubs in affluent areas of West London, plus a ninth pub that is currently under development. The Acquisition will be funded from existing banking facilities and is expected to complete on 22 April 2026. Announcement • Nov 19
Young & Co.'s Brewery, P.L.C. (AIM:YNGA) commences an Equity Buyback Plan for 6,209,684 shares, representing 16.33% of its issued share capital, under the authorization approved on July 9, 2025. Young & Co.'s Brewery, P.L.C. (AIM:YNGA) commences share repurchases on November 19, 2025, under the program mandated by the shareholders in the Annual General Meeting held on July 9 2025. As per the mandate, the company is authorized to repurchase up to 6,209,684 shares, representing 16.33% of its issued share capital.. The minimum price which may be paid for each ordinary share is 12.5 pence and the maximum price which may be paid for each ordinary share is the higher of an amount equal to 5% above the average of the middle market quotations for a share of that class as derived from the AIM appendix to the Daily Official List of the London Stock Exchange for the five business days immediately preceding the day on which that share is contracted to be purchased; and, for the five business days immediately preceding the day on which the ordinary share is purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System and the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out at the relevant time. Any shares purchased under this authority may either be cancelled or held as treasury shares. The authority shall expire at the earliest of the conclusion of the next Annual General Meeting, or on September 30, 2026, whichever is earlier. As of July 9, 2025, the company had 38,026,087 shares in issue.
On November 17, 2025, the company initiated a Market Repurchase. Under the program, the company has given irrevocable and non-discretionary instruction to Peel Hunt LLP and Stifel Nicolaus Europe Limited to repurchase up to £10 million worth of its A ordinary shares and non-voting ordinary shares of 12.5 pence each. The purpose of the Share Buyback Program is to reduce the Company's share capital. The Program will principally focus on purchasing the Company's non-voting ordinary shares and all Shares purchased by the Company under the Share Buyback Program will be cancelled. The program will commence immediately and is valid till September 30, 2026 or, if earlier, the business day prior to the Company's AGM to be held in 2026. Announcement • Nov 14
Young & Co.'S Brewery, P.L.C. Announces Interim Dividend for the Period Ended September 29, 2025, Payable on December 5, 2025 Young & Co.'s Brewery, P.L.C. announced that interim dividend, in respect of the period ended 29 September 2025, at a cost of £7.6 million (for the period ended 30 September 2024: £7.2 million), is expected to be paid on 5 December 2025 to shareholders on the register at the close of business on 21 November 2025. The Board has decided to raise the interim dividend again for the eighth period running, by 6.0% to 12.22 pence per share (2024: 11.53 pence per share). Announcement • Jun 17
Young & Co.'s Brewery, P.L.C., Annual General Meeting, Jul 09, 2025 Young & Co.'s Brewery, P.L.C., Annual General Meeting, Jul 09, 2025. Location: the park plaza hotel, 239 vauxhall bridge road, pimlico, sw1v 1eq, london United Kingdom Announcement • Jun 05
Young & Co's Brewery plc Announces Directorate Changes, Effective Date Is July 9, 2025 Young & Co's Brewery PLC announced the following changes to the Board. After eight years, Nick Miller has decided to step down from the Board after the AGM on July 9, 2025. Nick was appointed as a Non-Executive Director in April 2017, becoming Senior Independent Director in July 2021. The Board announced that Ian Dyson will succeed Nick as Senior Independent Director and chair of the remuneration committee. The Board also announced that John Dunsmore will be appointed as a Non-Executive Director of Young's after the end of the AGM on July 9, 2025. John brings over 40 years of relevant sector experience to Young's. In 2009, he was appointed Chief Executive Officer of Dublin based C&C Group, successfully turning around the business over the next three years. He started his career and had several senior operational roles at Scottish & Newcastle, becoming Chief Executive Officer in 2007. Early in his career, he worked in the City as a top-rated analyst covering Drinks & Leisure companies, before managing the UK Equities business at NatWest Securities, now Deutsche Bank. John has held several non-executive roles after he left C&C. As chairman and founder of HotHouse Club of Enterprise Investment Scheme Investors, he was on the board of Chapel Down and is an investor in Artisanal Spirits, the AIM-listed cask whisky business. From 2009 to 2019, John was a Non-Executive Director of Fuller, Smith & Turner, and latterly Senior Independent Director. Full name: John Michael Dunsmore. Age: 66 years. John Dunsmore holds or has previously held in the last five years the following directorships: Current appointments include Circularity Scotland Limited (in administration), Thistly Cross Cider Co Limited, Dunsmore Family Holdings Limited, Forrest Road Holdings Limited, Maundi Limited, and The Edinburgh Beer Factory Limited. Past appointments include HIL CD Limited and Genius Foods Limited. 
