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CBOX Cake Box Holdings Plc

170.00
-3.00 (-1.73%)
19 Jun 2024 - Closed
Delayed by 15 minutes
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
  -3.00 -1.73% 170.00 165.00 175.00 170.00 167.50 170.00 68,349 08:00:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Bread, Bakery Pds, Ex Cookie 34.8M 4.24M 0.1059 16.05 68M

Cake Box Holdings PLC Response to Press Speculation (6662G)

20/07/2023 10:00am

UK Regulatory


Cake Box (LSE:CBOX)
Historical Stock Chart


From Jun 2023 to Jun 2024

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TIDMCBOX

RNS Number : 6662G

Cake Box Holdings PLC

20 July 2023

Cake Box Holdings plc

("Cake Box", "the Company" or "the Group")

Response to Press Speculation

The Company notes the recent press speculation.

The Company confirms that it received an unsolicited approach from River Capital to acquire the entire issued and to be issued share capital of the Company (the "Indicative Approach"). The Indicative Approach was made in early June and with an indicative price of 160 pence a share.

The Board unequivocally rejected the Indicative Approach as materially undervaluing the Company and no further discussions with River Capital have taken place.

This announcement has been made without the consent of River Capital.

For further information, please contact:

 
 Cake Box Holdings plc                     Enquiries via MHP 
  Sukh Chamdal, CEO 
  Michael Botha, CFO 
 Shore Capital (Nomad and Joint Broker) 
  Stephane Auton 
  Patrick Castle 
                                           +44 (0) 20 7408 4090 
  Liberum (Joint Broker) 
  Clayton Bush 
  Tim Medak 
  Edward Thomas                             +44 (0) 20 3100 200 
 MHP                                       +44 (0) 7834 623818 
  Charlie Barker                            cakebox@mhpgroup.com 
  Robert Collett-Creedy 
 

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.

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.

END

SPCGIGDRIUDDGXG

(END) Dow Jones Newswires

July 20, 2023 05:00 ET (09:00 GMT)

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