Cooks Coffee to raise $5.8m ahead of UK dual listing

Cooks Coffee Company wants to raise nearly $6 million as it eyes a second listing in the United Kingdom.The NZX-listed hospitality franchising company previously said it wanted to list in the UK to align with its growing international business, and today said it would sell shares in a private placement to new investors and also undertake a pro-rata one-for-6.367 renounceable rights issue to raise as much as $5.8m from both transactions. That would coincide with a listing on the Aquis Stock Exchange Growth Market.Cooks Coffee, which is trading a...
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