Roebuck Food Group plc (AIM:RFG) signed an agreement to acquire Moorhead & McGavin Limited for £2.2 million on November 3, 2023. In total consideration £2.2 million of which £2.075 million will be paid in cash and remaining through issuance of 1,071,428 common shares. As of November 30, 2023 shareholder's approval was granted for completion of the acquisition of the entire issued share capital of Moorhead & McGavin Ltd a food and completion of the acquisition will take place within 7 business days.

As of December 4, 2023, Roebuck Food Group plc will issue 1,071,428 shares as a part of consideration.