Livestock Sales:

L&K Group (Parent Company)

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This page contains useful information for shareholders, clients and customers who may wish to purchase shares in the Group.

The L & K Group Plc was formed in April 2005 when the long-standing businesses of The Kendal and District Auction Mart Plc merged with Lancaster Farmers’ Auction Co Limited. The company owns both Lancaster Auction Mart site and the brand new J36 Rural Auction Centre as well as some commercial investment properties in Kendal. The company is owned by over 930 shareholders and employs over 70 staff (both full and part-time). The company is an unlisted Public Limited Company.

Trading from the auction mart sites is conducted via two wholly-owned subsidiary companies: North West Auctions Limited - operating the two livestock markets and 1818 Auctioneers fine art and antiques auctioneers and valuers - and NWA Professional, NWA Property and NWA Architectural the rural surveyors and land agency division.

The Group has different classes of shares:

£0.50 Ordinary shares - carrying full dividend and voting rights

£0.01 Ordinary-A shares - carrying full dividend and voting rights

£0.01 Convertible 'L' shares - these shares carry no dividend or voting rights (these shares exist as a mechanism to convert some or all the shares to Ordinary-A shares in the event of a sale of the Lancaster site and are sold alongside £0.50 Ordinary shares in the ratio of 100 Convertibe share to 1 Ordinary share.)

£0.01 Deferred 'K' - these shares carry no dividend or voting rights (these shares existed as Convertible 'K' shares and some were converted to Ordinary-A shares on the sale of the Kendal sites in 2013 with the remainder becaming Deferred shares)

L&K Group has a board of 10 directors, meet the team or view forthcoming share sales here.

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AGM Results 2024

The results of the voting taken by poll at the AGM held on Wednesday 29 May 2024 were as follows:

Resolution 1 To receive and adopt the Directors’ Report and the financialstatements for the year ended 31 December 2023 and the report of the auditors

For:410,303 Against: 508 Absatain: 11,243 Passed

Resolution 2 To approve the directors fees as set out in the accountsFor: 408,112 Against: 1,868 Abstain: 12,074 Passed

Resolution 3 To approve payment of the proposed dividend, 10.50 penceFor: 407,521 Against: 1,516 Abstain:13,017 Passed

Resolution 4 To re-elect J E Drinkall as a Director of the Company

For: 349,685 Against: 25,019 Abstain: 47,350 Passed

Resolution 5 To re-elect J W Hodgson as a Director ofthe Company

For: 382,035 Against: 27,751 Abstain:12,268 Passed

Resolution 6 To re-elect as a T W Wilson as a Director of the CompanyFor: 317,349 Against: 92,,529 Abstain: 12,176 Passed

Resolution 7 To elect K W Newsham as a Director of the CompanyFor: 62,903 Against: 311,945 Abstain: 47,206 Not Passed

Resolution 8 To re-appoint Azets Audit Services as Auditors of the Company and to authorise the Directors to fix their remuneration

For: 399,199 Against: 1,158 Abstain: 21,697 Passed

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Historical Share Prices

To view previous share sales, click the link below.

View Share Prices

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Dividend Payments

Dividends are declared at the Annual General Meetings held between May - July each year for the previous financial year ending 31 December. Shareholders are kindly asked to supply bank details in order that payments can be made by BACS. Contact the Company Secretary for further advice.

View Historical Dividends

Email Katie Black if you wish to be added to our list to receive notifications of all future shares for sale and any latest news from L&K Group

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Get in Touch

NWA Junction 36 Crooklands

J36 Rural Auction Centre, Crooklands, Milnthorpe, Cumbria LA7 7FP.
Telephone: 015395 66200
Fax: 015395 66221

NWA Lancaster Auction Mart

Wyresdale Road, Lancaster, Lancashire LA1 3JQ.
Telephone: 01524 63308
Fax: 01524 69779

North West Auctions is a limited company registered in England and Wales. Registered office: J36 Rural Auction Centre, Crooklands, Milnthorpe, Cumbria LA7 7FP. Registered number: 03950131

NWA Professional and NWA Property are trading names of M B Hodgson & Son Ltd registered in England and Wales no 3839884

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