Scotch Corner Designer VillageScotch Corner Designer Village

Investor Relations

Overview

Scotch Corner Designer Village Holdings plc (the “Company”) is developing a market leading and largely pre-let outlet retail and leisure destination in a prime location in the North of England, opening Autumn 2027 (the “Development”).

The Company is raising £25.5 million of capital via an IPO on the Aquis Real Asset Market segment of the Aquis Stock Exchange Growth Market (“AQSE”), targeting both institutional investors and retail investors.

The Development benefits from a prominent location on the principal route between the North East and South of England, renowned as the ‘crossroads of the North'. Some 29 million vehicles pass the junction each year.

The proceeds of the shares to be issued and listed on AQSE will be used to progress the construction of the first phase of the Development, which comprises a c.182,500 sq ft designer outlet village that is already 66% pre-let and is expected to have a gross development value of c.£169 million at practical completion, as well as funding the acquisition of land for phase two.

The listing is expected to complete in April 2026, at which time the AQSE listed shares in Scotch Corner are expected to be tradeable on major retail investment platforms.

Company Documents

Company Information

Scotch Corner Designer Village Holding plc is a public limited company incorporated in England and Wales with company number 16641765 with its registered office address at 6 Manor Farm Offices, Corsley, Warminster, United Kingdom, BA12 7QE. The Company is subject to the Companies Act 2006. A copy of the Company’s constitutional documents are available at https://find-and-update.company-information.service.gov.uk/company/16641765.   

Directors of the Company:

  • Simon Waterfield (CEO) - following graduation from Reading University, Simon qualified as a Chartered Surveyor during nine years at Savills where he specialised in development consultancy and leasing. Since leaving Savills in 1991 Simon has owned 14 major properties and sites throughout the UK from Plymouth to Loch Lomond, comprising over 2 million sq ft of retail, offices, industrial and leisure space with some 650 acres. Simon still owns 1.4 m sq ft of income generating property and 300 acres of development land of which Scotch Corner forms part.
  • Mickola Wilson (Chair, Non-Executive Director) - Mickola is a highly accomplished senior executive with over 25 years of board-level experience in both executive and non-executive roles. Prior to co-founding Seven Dials, she was CEO of Teesland Plc, a listed property fund and asset management company with £5 billion in assets under management across the UK and Europe. Mickola is currently Co-Owner and Director of Seven Dials Fund Management Limited and its group companies, and is Non-Executive Director of Kent and Medway Partnership Trust (NHS) and Member of the Council at Essex University. She previously served as Senior Independent Director of Palace Capital Plc.
  • Stephen Barter (Non-Executive Director) - Stephen has over 40 years of experience in the real estate industry. Until March 2018, he served as Chairman of Real Estate Advisory at KPMG. His previous roles include UK CEO of Qatari Diar, Group Projects Director and Executive Committee member at Grosvenor, Head of European Real Estate at Babcock & Brown, and equity partner at Richard Ellis (now CBRE). Stephen currently holds a directorship at H3 Tradeco Limited, and is Chairman of his own firm, Wilton Capital Advisers.

The Company is committed to maintaining high standards of corporate governance, and propose, so far as is practicable given the Company’s size and nature, to comply with the QCA Corporate Governance Code for Small and Midsize Quoted Companies published by the Quoted Companies Alliance in 2023.

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