18 August 2021

Likewise Group plc

("Likewise", the "Group" or the "Company")

ADMISSION TO AIM AND FIRST DAY OF DEALINGS

SUCCESSFUL PLACING TO RAISE £10 MILLION

Likewise Group plc (AIM:LIKE), the fast growing UK floor coverings distributor, is pleased to announce that admission of its entire issued and to be issued share capital to trading on the AIM market of the London Stock Exchange will become effective and dealings will commence at 8.00 a.m. today under the ticker LIKE and ISIN number GB00BHNWH003.

The Company has today also completed its Placing to raise gross proceeds of £10 million at the Placing Price of 25 pence per Share. At the Placing Price, the Company's market capitalisation on Admission is approximately £48.1 million.

A copy of the Admission Document is available on the Company's website www.likewiseplc.com. 

Zeus Capital is acting as Nominated Adviser and Joint Broker, and Ravenscroft are acting as Joint Broker, to the Company.

Capitalised terms used but not defined in this announcement have the same meanings as set out in the Company's Admission Document dated 29 July 2021.

Tony Brewer, Chief Executive of Likewise, said:

"Likewise is delighted to be listed on AIM in order to create access to capital and accelerate our growth aspirations. We would like to thank all our advisers, particularly Ravenscroft and TISE, Zeus Capital, Gateley Legal and Crowe U.K. We very much appreciate the endeavours of our excellent Management and Staff to establish a business in the last 3 years. Particular thanks to our Suppliers and Customers for their support in our brief history to date and look forward to continue developing that relationship to our mutual benefit in the future."

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