REG - Cooks Coffee Company - Wholesale Convertible Note Issue

Cooks CoffeeAnnouncement

24/11/2022 07:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221124:nRSX4782Ha&default-theme=true

RNS Number : 4782H  Cooks Coffee Company Limited  24 November 2022

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
(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:

 Cooks Coffee Company Limited                                  +64 21 702 509 (New Zealand)
 Keith Jackson (Executive Chairman)                            +44 (0) 20 3814 5627 (UK)
                                                               ukinvestorrelations@cookscoffeecompany.com
                                                               (mailto:ukinvestorrelations@cookscoffeecompany.com)

  VSA Capital Limited (Aquis Corporate Adviser & Broker)       +44 (0) 20 3005 5000
 Andrew Raca, Simba Khatai, Pascal Wiese (Corporate Finance)
 David Scriven, Peter Mattsson (Corporate Broking)

 

 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)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NEXFELSWLEESEEF