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| Date | 24 Nov 2022 |
| Time | 07:27:55 |
| Category | Miscellaneous |
| ID | 4782H |
Cooks Coffee Company Limited
("Cooks Coffee", the "Company" or the "Group")
Wholesale Convertible Note Issue
Cooks Coffee Company (NZX:CCC), the international coffee focused café chain, (NZX: CCC, Aquis: COOKS) advise that, following an unsolicited approach expressing interest in a convertible note offer, Cooks has approved the offer and issue of up to NZ$2 million of convertible notes to selected wholesale investors in New Zealand, Australia or the United Kingdom, with the key terms summarised in the attached Appendix accessible via: http://www.rns-pdf.londonstockexchange.com/rns/4782H_1-2022-11-24.pdf
Funds raised from the notes offer would be applied to
- Growth of the existing café network
- Acquisitions
- Development of digital infrastructure
- Repayment of third party debt
Wholesale applications must be for at least NZ$25,000. There is no minimum amount sought.
Enquiries:
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Cooks Coffee Company Limited |
+64 21 702 509 (New Zealand) |
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Keith Jackson (Executive Chairman) |
+44 (0) 20 3814 5627 (UK) |
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VSA Capital Limited (Aquis Corporate Adviser & Broker) |
+44 (0) 20 3005 5000 |
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Andrew Raca, Simba Khatai, Pascal Wiese (Corporate Finance) |
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David Scriven, Peter Mattsson (Corporate Broking) |
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IFC Advisory Limited (Financial PR & IR) |
+44 (0) 20 3934 6630 |
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Tim Metcalfe, Graham Herring, Florence Chandler
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