We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Chill Brands Group Plc | LSE:CHLL | London | Ordinary Share | GB00BWC4X262 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.15 | 2.10 | 2.20 | 2.15 | 2.15 | 2.15 | 535,136 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 83k | -4.29M | -0.0149 | -1.44 | 6.18M |
TIDMCHLL
RNS Number : 3338P
Chill Brands Group PLC
17 June 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) ("UK MAR"), AS AMENDED BY REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
17 June 2022
Chill Brands Group plc
("Chill Brands" or the "Company")
Result of Open Offer
(London, UK, 17 June, 2022) Chill Brands, the international consumer packaged goods company, is pleased to announce the result of the open offer published on 31 May 2022 (the "Open Offer").
The Company has received valid applications for a total of 1,768,345 Open Offer units at a price of 12 pence per unit (the "Open Offer Units"), raising a total of GBP212,201.40 (before expenses). Each Open Offer Unit consists of one new Ordinary Share of GBP0.01 each ("Open Offer Share") and five unsecured convertible loan notes with a principal amount of GBP0.02 each ("Open Offer Loan Notes"). The valid applications are for 938,122 Open Offer Units under the eligible shareholders' Basic Entitlements and for 830,223 Open Offer Units under the Excess Application Facility. Full details of the Open Offer including defined terms used above can be found in the Open Offer document ("Open Offer Document"), a copy of which can be viewed on the Company's website .
Callum Sommerton, Chill Brands' Chief Executive Officer, said: "We're delighted with the result of this Open Offer and are grateful to our shareholders for their continued support. Amidst a very challenging market, Chill Brands is well-capitalised and focused on sustainable growth.
The proceeds of the Open Offer will be put to good use in further expanding our brands through strategic marketing initiatives and the continued development of our sites. Consumers are increasingly looking for new ways to chill during these tough times and it is our intention to reach as many of them as possible. I look forward to providing further updates in due course."
Admission and Total Voting Rights
The Open Offer Shares will be admitted to trading on the Main Market of the London Stock Exchange and to listing in the Standard Segment of the Financial Conduct Authority's ("FCA") Official List, with effect from 21 June 2022 ("Admission"). This represents a change to the indicative timetable in the Open Offer Document, and the Board and the Company have determined that the time by which Admission should take place and the Open Offer becomes unconditional is 8.00 a.m. on 21 June 2022.
On Admission, the Company will have 243,605,078 Ordinary Shares in issue, each with one voting right. There are no shares held in treasury. Therefore, the Company's total number of Ordinary Shares and voting rights will be 243,605,078 and this figure may be used by shareholders from Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
-ENDS-
About Chill Brands Group
Chill Brands Group plc (LSE: CHLL, OTCQB: CHBRF) is an international company focused on the development, production, and distribution of best-in-class hemp-derived CBD products, tobacco alternatives and other consumer packaged goods (CPG) products. The Company operates primarily in the US, where its products are distributed online and via some of the nation's most recognizable convenience retail outlets. The Group's strategy is anchored around lifestyle marketing that is designed to enhance the popularity of its products, channelling visitors to its landmark chill.com website.
Publication on website
A copy of this announcement is also available on the Company's website at http://www.chillbrandsgroup.com
Media enquiries:
Chill Brands Group plc contact@chillbrandsgroup.com Allenby Capital Limited (Financial Adviser and Broker) +44 (0) 20 3328 5656 Nick Harriss/Nick Naylor (Corporate Finance) Kelly Gardiner (Equity Sales)
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
ROIEADKXFEFAEFA
(END) Dow Jones Newswires
June 17, 2022 09:30 ET (13:30 GMT)
1 Year Chill Brands Chart |
1 Month Chill Brands Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions