Rights Issue Open
On 7 October 2022, Cooks Coffee Company Limited (Cooks) announced to NZX that we planned to offer eligible shareholders the opportunity to participate in our renounceable rights issue at an issue price of NZ$0.36 per share (or £0.18 per share). The Rights will not be quoted and cannot be traded on the NZX Main Board. You have until 5:00pm (New Zealand time) on 28 October 2022 to accept the offer online using the Shareholder Number and Entitlement Number printed above at website: https://cookscoffeecompany.capitalraise.co.nz.
Cooks is undertaking this capital raise with the objective of using the proceeds to:
accelerate the opening of new stores, expand its offering, and bring greater value to customers and shareholders;
use the capital from the fundraising to progress its plans for an expanded digital marketing capability and for general working capital purposes, with the aim of expanding our client base and improving our overall product offering; and
seek to acquire dynamic brands with a unique offering and will focus on targeting well-run firms with strong sustainability credentials who can provide synergies with Cooks’ existing Esquires and Triple Two brands.