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| Date | 2 Feb 2023 |
| Time | 16:43:30 |
| Category | Miscellaneous |
| ID | 7942O |
2 February 2023
Cooks Coffee Company Limited
("Cooks Coffee", the "Company" or the "Group")
Issue of Equity
Director Share Dealing
Cooks Coffee Company (NZX:CCC; AQUIS:COOK), the international coffee focused café chain, announces that it has issued 221,596 ordinary shares of no par value in the Company ("New Shares") at an issue price of NZ$0.36 (£0.18), to raise gross proceeds of approximately NZ$79,775 (approximately £42,045), pursuant to a shortfall placement associated with the Company's previously announced rights issue.
Application will be made for the New Shares to be admitted to trading on AQSE ("Admission") and following Admission, Cooks Coffee will have 59,519,348 ordinary shares of no par value trading on the Access Segment of the AQSE Growth Market.
Director Share Dealing
Michael Ambrose, a Director of the Company, purchased 200,000 of the New Shares, further details of which are contained in the disclosure table below. Following this share purchase Michael Ambrose is interested in 950,000 ordinary shares in the Company, equating to approximately 1.60% of the Company's issued share capital.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Michael Ambrose |
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2 |
Reason for the notification |
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a) |
Position/status |
Director |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Cooks Coffee Company Limited |
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b) |
LEI |
213800NQAFZRYYJDMN33 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of no par value
NZCFGE0001S7 |
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b) |
Nature of the transaction |
Purchase of ordinary shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
200,000 NZ$72,000 |
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e) |
Date of the transaction |
2 February 2023 |
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f) |
Place of the transaction |
Off Market |
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Enquiries:
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Cooks Coffee Company Limited |
+64 21 702 509 (New Zealand) |
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Keith Jackson (Executive Chairman) |
keith.jackson@cookscoffeecompany.com
+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, Alex Cabral (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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