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Planning application submitted for residential development

April 2023

In April 2023 a formal planning application for the development of 9 detached houses on a small parcel of land in our ownership at Fiddlers Lane, Lazonby was submitted. The…

Planning application submitted for residential development
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Planning application submitted for residential development

April 2023

In April 2023 a formal planning application for the development of 9 detached houses on a small parcel of land in our ownership at Fiddlers Lane, Lazonby was submitted. The application has been submitted to the new Westmorland and Furness Council planning authority and can be viewed on their planning portal under the reference 23/0254.

Non-Executive Board Member Appointed

April 2023 News

On Monday 3 April 2023, Mr Robert Craig was appointed as a non-executive member of the Penrith Farmers’ and Kidd’s PLC Board of Directors. I, along with the…

Non-Executive Board Member Appointed
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Non-Executive Board Member Appointed

April 2023 News

On Monday 3 April 2023, Mr Robert Craig was appointed as a non-executive member of the Penrith Farmers’ and Kidd’s PLC Board of Directors.

I, along with the rest of the Board, am delighted to welcome Robert to the Board. Robert is a partner in 3 dairy farms and is the past county chairman of Cumbria NFU as well as being a Nuffield scholar. In 2012, he became Chairman of Penrith and the Border Conservative Association and in 2014 he jointly won the Farmers Weekly Dairy Farmers of the Year award. Robert is a non-executive Director and Vice Chairman of First Milk Ltd, a wholly British farmer-owned dairy co-operative, and a trustee and Vice Chairman of the Royal Association of British Dairy Farmers, the sole UK charity focused on the unique needs of milk producers.

Robert’s commercial and agricultural experience will no doubt prove to be a huge asset to PFK and we hope that you will join us in welcoming Robert to the Company.

Bernard Wharam

New shares available for purchase

December 2022

PFK are glad to announce the offering of 140 shares available for purchase by auction with a reserve price of £26 per share. If you wish to bid for all…

New shares available for purchase
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New shares available for purchase

December 2022

PFK are glad to announce the offering of 140 shares available for purchase by auction with a reserve price of £26 per share.

If you wish to bid for all or any part of the shares, please can you confirm your order by no later than 11:30pm on Friday 23rdDecember 2022. Please note the different time and shorter auction period due to the festivities.

Settlement will be 10 working days after the trade date.

When replying please can you confirm the quantity of shares you wish to bid for together with the price you are willing to pay.

To purchase shares, you can contact James Sharp & Co LLP. To do so, please click here

 The last average price for Penrith Farmers’ & Kidd’s shares was £27 per share on 15th December 2022.

New shares available for purchase

December 2022

PFK are glad to announce the offering of 350 shares available for purchase by auction with a reserve price of £26 per share. If you wish to bid for all…

New shares available for purchase
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New shares available for purchase

December 2022

PFK are glad to announce the offering of 350 shares available for purchase by auction with a reserve price of £26 per share.

If you wish to bid for all or any part of the shares, please can you confirm your order by no later than 12:30pm on Thursday 15th December 2022.

Settlement will be 10 working days after the trade date.

When replying please can you confirm the quantity of shares you wish to bid for together with the price you are willing to pay.

To purchase shares, you can contact James Sharp & Co LLP. To do so, please click here

The last average price for Penrith Farmers’ & Kidd’s shares was £26.47 per share on 5th October 2022.

 

PFK PLC acquires Robson and Liddle (Rural) Limited

December 2022

Penrith Farmers’ and Kidd’s PLC announces the acquisition of the entire share capital of rural-based professional services Company Robson and Liddle (Rural) Limited. The deal brings together 2…

PFK PLC acquires Robson and Liddle (Rural) Limited
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PFK PLC acquires Robson and Liddle (Rural) Limited

December 2022

Penrith Farmers’ and Kidd’s PLC announces the acquisition of the entire share capital of rural-based professional services Company Robson and Liddle (Rural) Limited. The deal brings together 2 of the leading land and property services organisations in the region and reinforces the Company’s focus on its agricultural client base.

 

The full press release can be read here

PFK New Headquarters

October 2022

Fifty jobs are to be created as part of a £2m investment in a new headquarters for one of Cumbria’s oldest land and estate agents. PFK Land and Estate…

PFK New Headquarters
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PFK New Headquarters

October 2022

Fifty jobs are to be created as part of a £2m investment in a new headquarters for one of Cumbria’s oldest land and estate agents.

PFK Land and Estate Agents have submitted planning permission for a site in Mile Lane on the edges of Penrith, just a quarter of a mile from their current base.

The building has been designed using a net-zero carbon approach for the company who were founded in 1876.

In addition to the 55 people who will work in the offices, another 50 jobs will be created in the nine-month construction phase with work set to begin in 2023 on the 8,500 square-foot site.

Andrew Green, Managing Director said: “We’ve outgrown our current office accommodation at Skirsgill and by developing land already in the ownership of the Company allows us to continue to expand our Land Agency and Professional Services business into our own bespoke premises on Mile Lane.”

As part of the new HQ, there will be opportunities for Penrith & District Farmers Mart to expand as well as offering similar openings for other small agriculture businesses.

“This will be of significant benefit to both businesses in supporting their continued growth and employment offer,” Mr Green said.

“This is a unique opportunity for two thriving local businesses employing a significant number of people from within the community to continue to grow and expand. As a business we are keen to reinforce our local connections and continue to provide the highest standards of service to new and existing clients and suitable office accommodation is a key component of this goal.

“The development of a new Head Office will provide significant improvements to existing working practices of our Head Office, Land Agency, Professional Services and the Administration teams bringing together staff from existing departments who are currently dispersed across smaller offices.”

The company’s estate agent businesses will be unaffected by the move.

“The Mile Land site is located within open countryside; however, it is well related to Penrith in it is located just a short distance to the West and within very close proximity to Junction 40 of the M6 motorway,” said Mr Green who has been with the company for 10 years.

“The site is also located adjacent to other recently approved employment development sites and as such is considered to be an appropriate location for this type of development.

 

“In terms of our own business the site is considered to be a highly sustainable location as much of our work requires easy access to transport links to both North and South whilst also retaining our local presence close to our long-established base.”

New shares available for purchase

September 2022

PFK are glad to announce the offering of 701 shares available for purchase by auction with a reserve price of £26 per share. If you wish to bid for all…

New shares available for purchase
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New shares available for purchase

September 2022

PFK are glad to announce the offering of 701 shares available for purchase by auction with a reserve price of £26 per share.

If you wish to bid for all or any part of the shares, please can you confirm your order by no later than 12:30pm on Wednesday 5thOctober 2022.

Settlement will be 10 working days after the trade date.

When replying please can you confirm the quantity of shares you wish to bid for together with the price you are willing to pay.

To purchase shares, you can contact James Sharp & Co LLP. To do so, please click here

 

Non-Executive Board Member Resignation

September 2022

Non-executive Director Katherine Milbourn has decided to step down from the Board of Directors. Her resignation is as of the date 20 September 2022. Katherine (Katie) had already served…

Non-Executive Board Member Resignation
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Non-Executive Board Member Resignation

September 2022

Non-executive Director Katherine Milbourn has decided to step down from the Board of Directors. Her resignation is as of the date 20 September 2022. Katherine (Katie) had already served 6 years when re-elected at the AGM on 24 June 2021 but did not feel it was appropriate to leave the business during such tumultuous times, but with operational conditions within the business settling down, she has decided now is the time to move on. The Board would like to thank Katie for her contribution during her time associated with the Company and wish her all the very best for her future endeavours.

Interim Statement 2022

September 2022

PFK release their Interim Statement for the period 1 January 2022 to 30 June 2022. To view, please click here…

Interim Statement 2022
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Interim Statement 2022

September 2022

PFK release their Interim Statement for the period 1 January 2022 to 30 June 2022. To view, please click here

New shares available for purchase

September 2022

PFK are glad to announce the offering of 1,506 shares available for purchase by auction with a reserve price of £26 per share and the offering of 190 shares…

New shares available for purchase
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New shares available for purchase

September 2022

PFK are glad to announce the offering of 1,506 shares available for purchase by auction with a reserve price of £26 per share and the offering of 190 shares with a reserve price of £28.00 per share.

If you wish to bid for all or any part of the shares, please can you confirm your order by no later than 12:30pm on Wednesday 21stSeptember 2022.

Settlement will be 10 working days after the trade date.

When ordering these please can you confirm the quantity of shares you wish to bid for together with the price you are willing to pay.

The last average price for Penrith Farmers’ & Kidd’s shares was £28.01 per share on 22nd July 2022.

To purchase shares, you can contact James Sharp & Co LLP. To do so, please click here

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