YES! Project’s backers look to raise funds
OAK Holdings, the company behind the YES! Project, is to ask shareholders to raise £1.5m in a share placing to acquire more leisure destinations following the success of Rother Valley Country Park.
Oak Holdings plans to acquire Hampshire attraction Ringwood Town & Country Experience, a museum and heritage centre, if the placing is successful.
The company plans to reposition itself as a sustainable, leisure-based business with substantial development interests.
The business said it has increased income by 21.5% since acquiring Rother Valley Country Park in May 2009 and is continuing to invest in new activities including a miniature steam railway and both land and water zorbs.
It is also part of South Yorkshire’s bid to be a training camp for the 2012 Olympics and features in the Official Olympics Guide.
The YES! Project in South Yorkshire would include a purpose built arena for the Sheffield Steelers ice hockey team and a conference hotel.
