Oakman Inns poised to reach £4.5m fundraising target from customers

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 in and around the South of England and the West Midlands.

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 16th.

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, commented: “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.