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CHLL Chill Brands Group Plc

2.15
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
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 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 83k -4.29M -0.0149 -1.44 6.18M

Chill Brands Group PLC Suspension of CEO

22/04/2024 7:00am

RNS Regulatory News


RNS Number : 4151L
Chill Brands Group PLC
22 April 2024
 

 

 

22 April 2024

 

Chill Brands Group Plc

 

("Chill Brands", or the "Company")

 

Investigation amid regulatory concerns & suspension of CEO

 

Chill Brands Group Plc (LSE:CHLL) announces the appointment of Fieldfisher LLP to conduct an investigation after allegations were raised around the use of inside information. The Company will be engaging with relevant authorities, including the Financial Conduct Authority, and the investigation's findings will be reported in due course.

 

Callum Sommerton has been suspended as Chief Executive Officer of Chill Brands in connection with these allegations. This suspension does not constitute disciplinary action or a disciplinary penalty and does not imply any assumption that Mr Sommerton is guilty of any misconduct or that any decision has been made.

 

The process of appointing an interim Chief Executive Officer is underway.

 

Vendors, customers and shareholders should be assured that the company continues to operate as normal. Further announcements will be made as appropriate.

 

A copy of this announcement is also available on the Group's website at:

http://www.chillbrandsgroup.com 

Media Enquiries

Chill Brands plc

IR@chillbrandsgroup.com

About Chill Brands

Chill Brands Group plc (LSE: CHLL, OTCQB: CHBRF) is an international consumer packaged goods company focused on the development, marketing and distribution of wellness and recreational products. The Company's proprietary nicotine-free vape products cater to the rapidly growing market for tobacco alternatives and are distributed by some of leading retail stores in the US and UK. Chill Brands also operates the chill.com e-commerce website, on which it is building a marketplace of products from third-party brands.

 

 

 

 

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.
 
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