REG - Cooks Coffee Company - COOKS COFFEE SECURES BANK FUNDING

Cooks CoffeeAnnouncement

01/04/2025 09:45

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RNS Number : 1245D  Cooks Coffee Company Limited  01 April 2025

 

1 April 2025

 

Cooks Coffee Company Limited

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

Cooks Coffee secures BANK funding

Cooks Coffee (NZX: CCC, AQUIS: COOK) is pleased to advise that on 31 March
2025 it has finalised a NZ$1.6 million loan facility with a term of 15 years,
and a NZ$1.0 million loan facility with a term of 5 years, each with Bank of
New Zealand.

The loan facilities have enabled Cooks Coffee to repay or refinance all
existing debt, and provide further funding to support the group's ongoing
operations and strategic initiatives.

Mr Keith Jackson, Chairman of Cooks Coffee said, "the debt repayment and
re-financing will have a meaningful positive impact for the Company, with
significantly reduced ongoing finance costs".

 

For more information on the content of this announcement, please contact:

 Cooks Coffee Company Limited                        +64 21 702 509 (New Zealand)
 Keith Jackson (Executive Chairman)                  keith.jackson@cookscoffeecompany.com
                                                     (mailto:keith.jackson@cookscoffeecompany.com)
 Aiden Keegan (Chief Executive)                      +44 (0) 7980 608 440 (UK)

                                                     aiden@esquirescoffee.co.uk (mailto:aiden@esquirescoffee.co.uk)

                                                     +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,                       cookscoffee@investor-focus.co.uk (mailto:cookscoffee@investor-focus.co.uk)

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

 
Important Notices and Disclaimer

This announcement has been prepared for publication in New Zealand, and may
not be released to US wire services or distributed in the United States.
This announcement does not constitute an offer to sell, or a solicitation of
an offer to buy, securities in the United States or any other jurisdiction.
Any securities described in this announcement have not been, and will not be,
registered under the US Securities Act of 1933 (the "US Securities Act") or
the securities laws of any state of other jurisdiction of the United States,
and may not be offered or sold in the United States except in transactions
exempt from, or not subject to, registration under the US Securities Act and
applicable US state securities laws.

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