REG - Cooks Coffee Company - Board Changes

Cooks CoffeeAnnouncement

10/07/2024 07:00

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RNS Number : 7643V  Cooks Coffee Company Limited  10 July 2024

10 July 2024

Cooks Coffee Company Limited

("Cooks Coffee," the "Company," or the "Group")

 

Board Changes

 

Cooks Coffee Company (NZX: CCC; AQUIS: COOK), the international coffee-focused
café chain, that operates Esquires, the Organic Coffee Company in UK &
Ireland, is pleased to announce the following Board changes.

 

Appointment of Non-Executive Directors

 

Gareth Lloyd-Jones

 

Gareth Lloyd-Jones will also join the Board as a Non-Executive Director. Mr.
Lloyd-Jones is a seasoned professional with over 22 years of experience in the
leisure sector. His career began with Tie Rack in 1985, where he quickly
became the youngest franchisee and expanded his network to 14 Central London
shops within a year. During his time at Tie Rack, he met city advisors who
introduced him to Howard Schultz of Starbucks. He then co-purchased and
rebranded two London coffee shops as Madisons Coffee, growing the business to
45 locations across the UK. Madisons Coffee was listed on the AIM stock market
and included brands such as Richoux Coffee and Restaurants and Rendezvous
Coffee shops, which sold to Starbucks Coffee and Out of Town Restaurants.
Gareth then went onto build a chain of five gastro pubs and four individual
restaurants, which were subsequently sold into the trade. Currently, he
co-runs the High Road Restaurant Group, which operates nine Argentinian
steakhouses and four Thai restaurants, supported by private equity investment.

 

Gordon Robinson

 

Gordon Robinson will join the Board as a Non-Executive Director. Mr. Robinson
is a highly experienced consultant specialising in Debt Advisory and Finance
Brokering, with a distinguished banking career spanning over 38 years. He has
a very broad business-sectors coverage in Corporate Governance (within
finance) including quality Retail and also Food & Beverage businesses.
He also has expertise in Real Estate Finance including both development and
investment-led projects. Throughout his career, which began with NatWest Bank
in the 1980s, he has held various senior positions, established successful
lending operations, and led business development teams. His extensive
background encompasses setting up and managing lending operations, serving on
credit committees, and holding senior front-line Director roles with
multiple lenders.

 

Non-Executive Director, Mike Hutcheson will resign from his role on the Board
with immediate effect.

 

Keith Jackson, Executive Chairman of Cooks Coffee, commented: "As Cooks Coffee
Company shifts towards a UK-centric focus, we are pleased to announce changes
to our Board. Gordon Robinson, with his extensive banking and real estate
finance background, and Gareth Lloyd-Jones, known for his strategic growth and
leadership in the leisure, coffee and restaurant sectors, bring a wealth of
experience. Their expertise will enhance our capabilities as we execute our
strategy and advance the Company's prospects. We would like to express our
sincere gratitude to Mike Hutcheson and extend our appreciation for his
invaluable contributions. The Board remains confident in our ongoing strategy
and outlook."

 

 

Additional information on Gareth Lloyd-Jones

 

Mr Lloyd-Jones holds nil shares in Cooks Coffee.

 

Mr Lloyd-Jones currently holds the following directorships:

·    Argentine Steakhouse (Bidco) Limited

·    Buenasado (Reading) Limited

·    High Road Restaurants Group Bidco Limited

·    The Thai Tapas Group Ltd

·    Koh (Uk) Limited

·    High Road Restaurants Group Holdco Limited

 

Additionally, he has held the following directorships in the past five years:

·    Ben's Pub Company Limited

 

Save as described above there are no other matters that are required to be
disclosed under Rule 4.9 of the AQSE Growth Market Access Rulebook in relation
to Mr Lloyd-Jones.

 

 

Additional information on Gordon Robinson

 

Mr Robinson holds nil shares in Cooks Coffee.

 

Mr Robinson currently holds the following directorships:

·    Vector Capital PLC

·    KCR Residential Reit PLC

·    Sterling Bapc Ltd

 

 

Save as described above there are no other matters that are required to be
disclosed under Rule 4.9 of the AQSE Growth Market Access Rulebook in relation
to Mr Robinson.

 

 

Enquiries:

 Cooks Coffee Company Limited                        +64 21 702 509 (New Zealand)
 Keith Jackson (Executive Chairman)                  keith.jackson@cookscoffeecompany.com
 Aiden Keegan (Chief Executive)                      aiden.keegan@cookscoffeecompany.com

                                                     +44 (0) 7980 608 440

                                                     +44 (0) 20 3934 6630 (UK)
                                                     ukinvestorrelations@cookscoffeecompany.com
                                                     (mailto:ukinvestorrelations@cookscoffeecompany.com)

 IFC Advisory Limited (Financial PR & IR)            +44 (0) 20 3934 6630
 Tim Metcalfe, Graham Herring, Florence Chandler     cookscoffee@investor-focus.co.uk (mailto:cookscoffee@investor-focus.co.uk)

 Oberon Capital (AQSE Corporate Adviser and Broker)  +44 (0) 20 3179 5300
 Nick Lovering, Adam Pollock, Mike Seabrook

 

 

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