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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cake Box Holdings Plc | LSE:CBOX | London | Ordinary Share | GB00BDZWB751 | ORD GBP0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 170.00 | 165.00 | 170.00 | 170.00 | 167.50 | 170.00 | 56,592 | 16:35:08 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Bread, Bakery Pds, Ex Cookie | 34.8M | 4.24M | 0.1059 | 15.82 | 67M |
From Apr 2019 to Apr 2024
TIDMCBOX
RNS Number : 9432R
Cake Box Holdings PLC
06 March 2019
6 March 2019
Cake Box Holdings plc
("Cake Box" or the "Company" or the "Group")
Acquisition of Two Warehouse and Distribution Centres
Cake Box Holdings plc, the specialist retailer of fresh cream cakes, is pleased to announce that it has acquired the freeholds of two warehouse and distribution centres in Bradford and Coventry for an aggregate consideration of GBP1.4m. The consideration has been funded from existing cash resources.
The two warehouse and distribution centres will help support the Group's future growth, including new franchise store openings which continue strongly and in line with its plans. As at the end of February 2019, Cake Box had 111 franchise stores, having opened a further 10 since its half year end.
In addition, as set out in the Group's interim results on 28 November 2018, Cake Box intends to install some sponge production capability at the new centres which would enable the Group to reduce its distribution costs and provide a back up to its existing production facility in Enfield.
The Group expects to give an update on trading for the year ended 31 March 2019 in April 2019.
For further information, please contact:
Cake Box Holdings plc Sukh Chamdal, CEO Pardip Dass, CFO +44 (0) 20 8443 1113 Shore Capital Stephane Auton Patrick Castle James Thomas +44 (0) 20 7408 4090 MHP Communications Oliver Hughes Simon Hockridge Charlie Barker Pete Lambie +44 (0) 20 3128 8570
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 or visit www.rns.com.
END
ACQBRGDXUSGBGCU
(END) Dow Jones Newswires
March 06, 2019 02:00 ET (07:00 GMT)
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